Blue Hills: 3Q Earnings Snapshot

NORWOOD, Mass. (AP) _ Blue Hills Bancorp Inc. (BHBK) on Wednesday reported third-quarter profit of $5.8 million.

The bank, based in Norwood, Massachusetts, said it had earnings of 23 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 27 cents per share.

The holding company for Blue Hills Bank posted revenue of $30.5 million in the period. Its revenue net of interest expense was $23.3 million, which topped Street forecasts.

Blue Hills shares have increased 15 percent since the beginning of the year. The stock has increased 18 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHBK at https://www.zacks.com/ap/BHBK