American Business Bank reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 34.65 million compared to USD 27.6 million a year ago. Net income was USD 13.95 million compared to USD 9.66 million a year ago. Basic earnings per share from continuing operations was USD 1.53 compared to USD 1.07 a year ago. Diluted earnings per share from continuing operations was USD 1.51 compared to USD 1.06 a year ago.
For the full year, net interest income was USD 125.06 million compared to USD 107.06 million a year ago. Net income was USD 48.56 million compared to USD 39.16 million a year ago. Basic earnings per share from continuing operations was USD 5.34 compared to USD 4.39 a year ago. Diluted earnings per share from continuing operations was USD 5.28 compared to USD 4.33 a year ago.