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BSB Bancorp posts 1Q profit

BELMONT, Mass. (AP) _ BSB Bancorp Inc. (BLMT) on Thursday reported first-quarter earnings of $3.7 million.

The Belmont, Massachusetts-based bank said it had earnings of 40 cents per share.

The bank posted revenue of $18.1 million in the period. Its adjusted revenue was $13.9 million.

BSB Bancorp shares have decreased nearly 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.70, a climb of 23 percent in the last 12 months.

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

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Keywords: BSB Bancorp, Earnings Report