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EuroBancshares Q3 Loss Widens - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

EuroBancshares Inc. (EUBK) reported a third-quarter net loss of $7.42 million or $0.38 per share compared to a net loss of $788 thousand or $0.05 per share a year ago.

On average, 3 analysts polled by Thomson Reuters expected the company to report a loss of $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income decreased to $10.55 million from $15.77 million last year. Total noninterest income increased to $11.87 million from $2.43 million a year ago.

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