Q4 2019 Bridge Bancorp Inc Earnings Call Transcript
Good day, and welcome to the Bridge Bancorp Fourth Quarter 2019 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.
I would like to turn the conference over to Kevin O'Connor, President and CEO. Please go ahead.
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Good morning, and thank you for joining us today. I will be discussing our quarterly and full year performance as well as sharing some insights about the bank's strategic initiatives. I'm joined on our call by our CFO, John McCaffery, and together we will take your questions regarding the results and general market conditions.
I am pleased to report that net income hit a historical high this quarter of $14.2 million, with EPS of $0.71 per share. Our full year income was $51.7 million or $2.59 a share. These results reflect the impact of growth earning assets, aggressive management of funding costs and the continued evolution of the mix and geography of our loan portfolio.
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