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DNB Financial: 4Q Earnings Snapshot

DOWNINGTOWN, Pa. (AP) _ DNB Financial Corp. (DNBF) on Thursday reported net income of $3 million in its fourth quarter.

The Downingtown, Pennsylvania-based bank said it had earnings of 69 cents per share.

The bank holding company posted revenue of $13.6 million in the period. Its revenue net of interest expense was $10.8 million, exceeding Street forecasts.

For the year, the company reported profit of $10.7 million, or $2.48 per share. Revenue was reported as $42 million.

DNB Financial shares have risen 19 percent since the beginning of the year. The stock has increased slightly 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 DNBF at https://www.zacks.com/ap/DNBF