Category: Business

BROCKTON, Mass. (AP) _ HarborOne Bancorp Inc. (HONE) on Thursday reported first-quarter net income of $12.3 million.The Brockton, Massachusetts-based bank said it had earnings of 25 cents per share. The bank holding company posted revenue of $54.7 million in the period. Its revenue net of interest expense was $52.3 million, which topped Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HONE at https://www.

MADISON, N.J. (AP) _ Realogy Holdings Corp. (RLGY) on Thursday reported net income of $23 million in its first quarter. The Madison, New Jersey-based company said it had net income of 19 cents per share. Losses, adjusted for one-time gains and costs, came to 19 cents per share. The real estate brokerage operator posted revenue of $1.64 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RLGY at https://www.

1015 LAUSANNE, Switzerland (AP) _ AC Immune SA (ACIU) on Thursday reported a loss of $18.2 million in its first quarter.On a per-share basis, the 1015 Lausanne, Switzerland-based company said it had a loss of 25 cents. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. The company’s shares closed at $3.45. A year ago, they were trading at $7.14. _____ This story was generated by Automated Insights (http://automatedinsights.

STAMFORD, Conn. (AP) _ Webster Financial Corp. (WBS) on Thursday reported a loss of $16.7 million in its first quarter.The Stamford, Connecticut-based bank said it had a loss of 14 cents per share. Earnings, adjusted for non-recurring costs, came to $1.24 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share. The holding company for Webster Bank posted revenue of $513.9 million in the period.

HARRISBURG, Pa. — Hundreds of millions of dollars in business profit tax cuts passed the Republican-majority state House on Tuesday, and Democratic Gov. Tom Wolf said he was optimistic a final deal can be struck in the coming months. Lawmakers voted overwhelmingly for a bill that would reduce the corporate net income rate from 10% to 9%, and the if state’s revenues are sufficient, down to 8% by 2025. If enacted into law, the measure would cost about $128 million in 2022-23, as it would not cover the entire 12-month period.

SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Tuesday reported net income of $9.6 million in its first quarter.The Scranton, Pennsylvania-based bank said it had earnings of $1.33 per share. The holding company for Peoples Security Bank and Trust posted revenue of $28 million in the period. Its revenue net of interest expense was $26.1 million, beating Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Tuesday reported net income of $9.6 million in its first quarter.The Scranton, Pennsylvania-based bank said it had earnings of $1.33 per share. The holding company for Peoples Security Bank and Trust posted revenue of $28 million in the period. Its revenue net of interest expense was $26.1 million, beating Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

CHICAGO (AP) _ Tootsie Roll Industries Inc. (TR) on Tuesday reported net income of $12 million in its first quarter.The Chicago-based company said it had profit of 17 cents per share. The confectionary products maker posted revenue of $139.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TR at https://www.zacks.com/ap/TR

UNIONDALE, N.Y. (AP) _ Flushing Financial Corp. (FFIC) on Tuesday reported first-quarter profit of $18.2 million. On a per-share basis, the Uniondale, New York-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, were 61 cents per share. The holding company for Flushing Bank posted revenue of $72.6 million in the period. Its adjusted revenue was $64.8 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

April 26, 2022Updated: April 26, 2022 4:41 p.m. MOLINE, Ill. (AP) _ QCR Holdings Inc. (QCRH) on Tuesday reported first-quarter net income of $23.6 million. The bank, based in Moline, Illinois, said it had earnings of $1.49 per share. Earnings, adjusted for one-time gains and costs, were $1.54 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share. The bank holding company posted revenue of $66.