(RTTNews) - Chain Bridge Bancorp, Inc. (CBNA) released earnings for third quarter that Dropped, from the same period last year and missed the Street estimates.
The company's earnings came in at $4.70 million, or $0.72 per share. This compares with $7.49 million, or $1.64 per share, last year.
Analysts on average had expected the company to earn $0.75 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 21.2% to $13.15 million from $16.68 million last year.
Chain Bridge Bancorp, Inc. earnings at a glance (GAAP) :
-Earnings: $4.70 Mln. vs. $7.49 Mln. last year. -EPS: $0.72 vs. $1.64 last year. -Revenue: $13.15 Mln vs. $16.68 Mln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
