FNCB Bancorp Posts Lower Q4 Profit Amid Higher Revenue

FNCB Bancorp (FNCB) on Friday reported a net income of $0.20 per share in Q4, down from $0.26 per share a year earlier, while revenue grew to $14.77 million from $13.67 million over the same period.

No analyst estimates were available for the bank holding company.

On Jan. 26, FNCB's board approved a stock repurchase program, under which up to 750,000 outstanding common shares may be acquired in the open market starting no earlier than March 4 and expiring Dec. 31.