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Bridge Bancorp: 3Q Earnings Snapshot

BRIDGEHAMPTON, N.Y. (AP) _ Bridge Bancorp Inc. (BDGE) on Tuesday reported third-quarter profit of $6.5 million.

The bank, based in Bridgehampton, New York, said it had earnings of 33 cents per share. Earnings, adjusted for non-recurring costs, came to 70 cents per share.

The bank holding company posted revenue of $47.5 million in the period. Its revenue net of interest expense was $39.1 million, which beat Street forecasts.

Bridge Bancorp shares have declined 16 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $29.49, a fall of 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDGE at https://www.zacks.com/ap/BDGE