EuroBancshares has reported a net loss of $7.4 million, or $0.38 per share, for the third quarter ended September 30, 2009, compared with a net loss of $788,000, or $0.05 per share, for the third quarter ended September 30, 2008.
Net interest income for the third quarter of 2009 was $10.54 million, compared to $15.77 million for the third quarter of 2008.
The company has reported a net loss of $15.97 million, or $0.83 per share, for the first nine months ended September 30, 2009, compared to a net loss of $3.55 million, or $0.21 per share, for the first nine months ended September 30, 2008.
For the first nine months of 2009, net interest income declined to $36.37 million from $45.71 million for the year-ago period.