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Stock impact report

Fauquier Bankshares, Inc. Announces Third Quarter 2018 Results

FAUQUIER BANKSHARES (FBSS) 
US:NASDAQ Investor Relations: investor.tfb.bank
Company Research Source: PR Newswire
WARRENTON, Va., Oct. 22, 2018 /PRNewswire/ -- Fauquier Bankshares, Inc. (the Company) (NASDAQ: FBSS), parent company of The Fauquier Bank, reported net income of $1.3 million, or $0.35 per diluted share for the quarter ended September 30, 2018, compared with $1.7 million, or $0.44 per diluted share for the prior quarter and $1.3 million or $0.34 per diluted share for the third quarter of 2017.  For the nine months ended September 30, 2018, net income was $4.6 million, or $1.21 per diluted share compared with $3.0 million, or $0.81 per diluted share for the nine months ended September 30, 2017.For the quarter ended September 30, 2018, the Company's return on average equity (ROE) and return on average assets (ROA) were 8.96% and 0.79%, respectively, compared with 11.66% and 1.02% for the prior quarter, respectively, and 8.96% and 0.80%, for the third quarter of 2017, respectively.  For the nine months ended September 30, 2018, ROE and ROA were 10.66% and 0.93%, respectively, compared wi Show less Read more
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