American Business Bank reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was USD 29.89 million compared to USD 27.11 million a year ago. Net income was USD 11.43 million compared to USD 9.06 million a year ago. Basic earnings per share from continuing operations was USD 1.26 compared to USD 1.01 a year ago. Diluted earnings per share from continuing operations was USD 1.24 compared to USD 1 a year ago.
For the six months, net interest income was USD 58.08 million compared to USD 51.6 million a year ago. Net income was USD 21.36 million compared to USD 17.98 million a year ago. Basic earnings per share from continuing operations was USD 2.35 compared to USD 2.01 a year ago. Diluted earnings per share from continuing operations was USD 2.33 compared to USD 1.98 a year ago.