FORT LEE, N.J., May 6, 2013 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE MKT:BKJ) (the "Company"), the holding company of Bank of New Jersey, reported its strongest first quarter net income. Net income for the first quarter of 2013 exceeded $1.1 million compared to $897 thousand for the first quarter of 2012, representing an increase of $248 thousand, or approximately 27.6%. Earnings per diluted share reached $0.21 in the first quarter of 2013 compared to $0.17 per diluted share for the same period in 2012. The net income generated during the first quarter of 2013 represents the strongest start to a fiscal year in the Company's history. The net income generated during this quarter also represents the Company's twenty-fifth consecutive quarter of profitability.
Bancorp Of New Jersey, Inc. Announces Record First Quarter Earnings
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts