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Citizens: 4Q Earnings Snapshot

Citizens: 4Q Earnings Snapshot

Associated Press

PHILADELPHIA (AP) _ Citizens Holding Co. (CIZN) on Friday reported fourth-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.

The Philadelphia-based bank said it had earnings of 35 cents per share.

The bank posted revenue of $10.3 million in the period. Its revenue net of interest expense was $8.6 million, topping Street forecasts.

For the year, the company reported profit of $6.7 million, or $1.36 per share. Revenue was reported as $35.5 million.

Citizens shares have risen 1.5 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $21.31, a fall of 2 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 CIZN at https://www.zacks.com/ap/CIZN