FNCB - FNCBバンコ―プ （FNCB Bancorp Inc.）

Earnings of FNCB Bancorp, Inc. will likely remain flattish this year. Click here to read my take on the company and why I rate FNCB stock a Buy.

DUNMORE, Pa., Jan. 27, 2023 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB), the parent company of Dunmore-based FNCB Bank (the “Bank”), today reported net income for 2022 of $20.4 million, or $1.03 per diluted share, compared to net income of $21.4 million, or $1.06 per diluted share, for 2021. The $1.0 million, or 4.4%, earnings decrease was due primarily to a $4.4 million, or 14.2%, increase in non-interest expense, coupled with a $1.8 million increase in the provision for loan and lease losses. Partially offsetting these negative factors was a $5.0 million, or 10.3%, increase in net interest income. Net income for the fourth quarter of 2022 was $4.9 million, or $0.24 per diluted share, an increase of $1.0 million, or 24.3%, compared to $3.9 million, or $0.20 per diluted share, for the same quarter of 2021. The increase in fourth quarter earnings was largely due to increases in net interest income and non-interest income, partially offset by increases in non-interest expense and the provision for loan and lease losses.

DUNMORE, Pa., Jan. 25, 2023 (GLOBE NEWSWIRE) -- On January 25, 2023, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.09 per share for the first quarter of 2023, an increase of $0.015 per share, or 20.0%, from $0.075 per share declared for the first quarter of 2022. The first quarter 2023 dividend is payable on March 15, 2023 to shareholders of record as of March 1, 2023.

FNCB Bancorp’s Q3 revenues were up but EPS contracted from a year ago. See why we expect margin improvement in the coming quarters in FNCB.

FNCB Bancorp press release (NASDAQ:FNCB): Q3 GAAP EPS of $0.28.Revenue of $16.08M (+10.3% Y/Y).

DUNMORE, Pa., Jan. 27, 2023 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB), the parent company of Dunmore-based FNCB Bank (the “Bank”), today reported net income for 2022 of $20.4 million, or $1.03 per diluted share, compared to net income of $21.4 million, or $1.06 per diluted share, for 2021. The $1.0 million, or 4.4%, earnings decrease was due primarily to a $4.4 million, or 14.2%, increase in non-interest expense, coupled with a $1.8 million increase in the provision for loan and lease losses. Partially offsetting these negative factors was a $5.0 million, or 10.3%, increase in net interest income. Net income for the fourth quarter of 2022 was $4.9 million, or $0.24 per diluted share, an increase of $1.0 million, or 24.3%, compared to $3.9 million, or $0.20 per diluted share, for the same quarter of 2021. The increase in fourth quarter earnings was largely due to increases in net interest income and non-interest income, partially offset by increases in non-interest expense and the provision for loan and lease losses.

DUNMORE, Pa., Jan. 25, 2023 (GLOBE NEWSWIRE) -- On January 25, 2023, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.09 per share for the first quarter of 2023, an increase of $0.015 per share, or 20.0%, from $0.075 per share declared for the first quarter of 2022. The first quarter 2023 dividend is payable on March 15, 2023 to shareholders of record as of March 1, 2023.

FNCB Bancorp’s Q3 revenues were up but EPS contracted from a year ago. See why we expect margin improvement in the coming quarters in FNCB.

FNCB Bancorp press release (NASDAQ:FNCB): Q3 GAAP EPS of $0.28.Revenue of $16.08M (+10.3% Y/Y).

DUNMORE, Pa., Oct. 28, 2022 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank”), (collectively, "FNCB") today reported net income of $5.4 million, or $0.28 per basic and diluted share, for the three months ended September 30, 2022, a decrease of $1.0 million, or 14.4%, compared to $6.4 million, or $0.31 per share for the same period of 2021. Higher non-interest expense, coupled with an increase in the provision for loan and lease losses, were the primary factors leading to the reduction in third quarter 2022 earnings. These reductions were partially offset by an increase in net interest income and non-interest income. For the nine months ended September 30, 2022, net income totaled $15.5 million, or $0.79 per basic and diluted share, a decrease of $1.9 million, or 10.8%, from $17.4 million, or $0.86 per basic or diluted share, for the same nine months of 2021. The reduction in earnings comparing the year-to-date periods of 2022 and 2021 was due primarily to increases in non-interest expense and the provision for loan and lease losses coupled with a decrease in non-interest income, which were partially mitigated by an increase in net interest income.

FNCB Bancorp’s Q3 revenues were up but EPS contracted from a year ago. See why we expect margin improvement in the coming quarters in FNCB.

FNCB Bancorp press release (NASDAQ:FNCB): Q3 GAAP EPS of $0.28.Revenue of $16.08M (+10.3% Y/Y).

DUNMORE, Pa., Oct. 28, 2022 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank”), (collectively, "FNCB") today reported net income of $5.4 million, or $0.28 per basic and diluted share, for the three months ended September 30, 2022, a decrease of $1.0 million, or 14.4%, compared to $6.4 million, or $0.31 per share for the same period of 2021. Higher non-interest expense, coupled with an increase in the provision for loan and lease losses, were the primary factors leading to the reduction in third quarter 2022 earnings. These reductions were partially offset by an increase in net interest income and non-interest income. For the nine months ended September 30, 2022, net income totaled $15.5 million, or $0.79 per basic and diluted share, a decrease of $1.9 million, or 10.8%, from $17.4 million, or $0.86 per basic or diluted share, for the same nine months of 2021. The reduction in earnings comparing the year-to-date periods of 2022 and 2021 was due primarily to increases in non-interest expense and the provision for loan and lease losses coupled with a decrease in non-interest income, which were partially mitigated by an increase in net interest income.

FNCB Bancorp (NASDAQ:FNCB) declares $0.09/share quarterly dividend, in line with previous.Forward yield 4.8%Payable Dec. 15; for shareholders of record Dec. 1; ex-div Nov.

Dunmore, Pa., Oct. 26, 2022 (GLOBE NEWSWIRE) -- On October 26, 2022, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.090 per share for the fourth quarter of 2022, an increase of $0.015 per share, or 20.0%, from $0.075 per share declared for the fourth quarter of 2021. Year-to-date dividends declared in 2022 total $0.33 per share, compared to $0.27 per share in 2021, an increase of $0.06 per share, or 22.2%. The fourth quarter 2022 dividend is payable on December 15, 2022 to shareholders of record as of December 1, 2022.