Alliance Bankshares Corp. (ABVA) reported first-quarter net loss of $433 thousand or $0.08 per share, compared to net income of $365 thousand or $0.07 per share in the same quarter of last year.
Net interest income for the quarter declined to $3.3 million from $4.4 million in the prior year quarter, while total other income was $469 thousand, down from $184 thousand in year ago quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.