AMESBURY, Mass. (AP) _ Provident Bancorp Inc. (PVBC) on Thursday reported fourth-quarter net income of $2.6 million.
The Amesbury, Massachusetts-based bank said it had earnings of 14 cents per share.
The bank holding company posted revenue of $14.3 million in the period. Its revenue net of interest expense was $12.5 million, beating Street forecasts.
For the year, the company reported profit of $10.8 million, or 60 cents per share. Revenue was reported as $47.5 million.
Provident Bancorp shares have fallen 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.32, an increase of 11% in the last 12 months.