Community Financial: 1Q Earnings Snapshot
Community Financial: 1Q Earnings Snapshot
WALDORF, Md. (AP) _ The Community Financial Corp. (TCFC) on Monday reported first-quarter net income of $3.9 million.
The bank, based in Waldorf, Maryland, said it had earnings of 70 cents per share.
The holding company for Community Bank of the Chesapeake posted revenue of $18.9 million in the period. Its revenue net of interest expense was $14.1 million, which beat Street forecasts.
Community Financial shares have fallen 0.5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $29.08, a drop of 21 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 TCFC at https://www.zacks.com/ap/TCFC