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Bridge Bancorp: 4Q Earnings Snapshot

BRIDGEHAMPTON, N.Y. (AP) _ Bridge Bancorp Inc. (BDGE) on Monday reported fourth-quarter net income of $13.9 million, after reporting a loss in the same period a year earlier.

The Bridgehampton, New York-based bank said it had earnings of 70 cents per share.

The bank holding company posted revenue of $48.6 million in the period. Its revenue net of interest expense was $39.2 million, beating Street forecasts.

For the year, the company reported profit of $39.2 million, or $1.97 per share. Revenue was reported as $148.3 million.

Bridge Bancorp shares have climbed 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.41, a decline of 20 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