American Business Bank reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 32.33 million compared to USD 27.86 million a year ago. Net income was USD 13.25 million compared to USD 11.53 million a year ago. Basic earnings per share from continuing operations was USD 1.45 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.44 compared to USD 1.29 a year ago.
For the nine months, net interest income was USD 90.41 million compared to USD 79.46 million a year ago. Net income was USD 34.61 million compared to USD 29.5 million a year ago. Basic earnings per share from continuing operations was USD 3.81 compared to USD 3.32 a year ago. Diluted earnings per share from continuing operations was USD 3.77 compared to USD 3.27 a year ago.