PCSB Financial Corporation Announces Third Quarter Results and Declares Quarterly Cash Dividend
PCSB Financial Corporation (PCSB)
Last pcsb financial corporation earnings: 4/30 08:30 am
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US:NASDAQ Investor Relations:
pcsb.com/latest-news.aspx
Company Research
Source: GlobeNewswire
YORKTOWN HEIGHTS, N.Y., April 26, 2018 (GLOBE NEWSWIRE) -- PCSB Financial Corporation (the “Company”) (NASDAQ:PCSB), parent of PCSB Bank (the "Bank"), today announced net income of $2.2 million, or $0.13 per basic and diluted share, for the three months ended March 31, 2018 compared to $2,000, or $0.00 per basic and diluted share, for the quarter ended December 31, 2017 and $1.9 million for the three months ended March 31, 2017. For the nine months ended March 31, 2018, net income was $3.9 million, or $0.23 per basic and diluted share, compared to $5.0 million for the nine months ended March 31, 2017. Results for the nine months ended March 31, 2018 include a $1.6 million tax re-measurement charge associated with federal tax law changes enacted in the second quarter. The following nonrecurring items were recorded in the periods indicated: In connection with the passage of the Tax Cuts and Jobs Act, the Company recorded a $1.6 million charge to income tax expense for the nine month
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