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Home Federal Bancorp Turns To Profit In Q1 - Quick Facts

Home Federal Bancorp Inc. (HOME) reported first-quarter net income of $1.4 million or $0.09 per share, compared to a net loss of $1.3 million or $0.08 per share in the previous year quarter.

On average, two analysts polled by Thomson Reuters expected the company to earn $0.01 per share. Analysts' estimates typically exclude special items.

Net interest income increased to $14.3 million from $8.3 million in the year ago quarter, while total non-interest loss was $1.6 million, compared to non-interest income of $6.3 million in the comparable quarter last year.

by RTTNews Staff Writer

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