11:43 AM EDT, 03/25/2024 (MT Newswires) -- Accord Financial Corp. ( ACCFF ) on Monday rose 9.7% on last look after reporting fourth-quarter adjusted earnings of $3.7 million, or $0.43 per share, as compared with a loss of $1.8 million, or $0.21 per share, a year earlier.

Revenue for the quarter ended Dec. 31, 2023, was $503,000, up from $443,000 a year earlier.

"Despite the significant one-time items in our 2023 financials, our excellent management team has built meaningful enterprise value. Our challenge in 2024 is to unlock that value for shareholders through balance sheet strategy combined with steady operating performance," Simon Hitzig, president and CEO of the commercial finance company, said.

Price: 4.96, Change: +0.44, Percent Change: +9.73