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Salisbury Bancorp: 4Q Earnings Snapshot

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  • SAL

LAKEVILLE, Conn. (AP) _ Salisbury Bancorp Inc. (SAL) on Friday reported fourth-quarter profit of $2.6 million.

The Lakeville, Connecticut-based bank said it had earnings of 91 cents per share. Earnings, adjusted for non-recurring gains, were 79 cents per share.

The bank holding company posted revenue of $13.6 million in the period. Its revenue net of interest expense was $11.4 million, exceeding Street forecasts.

For the year, the company reported profit of $8.7 million, or $3.13 per share. Revenue was reported as $42.1 million.

Salisbury Bancorp shares have climbed 8.5 percent since the beginning of the year. The stock has declined 15 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 SAL at https://www.zacks.com/ap/SAL