Fidelity Sourthern Corp (LION) Misses Q2 EPS by 4c

Fidelity Sourthern Corp (NASDAQ: LION) reported Q2 EPS of $0.39, $0.04 worse than the analyst estimate of $0.43.

Key data:

• Return on Average Assets of 1.07% and 1.33% for the quarter and nine months ended September 30, 2015
• Loan portfolio increased by $96.1 million, or 3.3%, during the quarter and $583.2 million, or 24.3%, year over year, to $3.0 billion
• Loans serviced for others grew by $485.3 million, or 6.7%, during the quarter and $1.5 billion, or 23.9%, year over year, to $7.8 billion
• Total deposits increased by $272.8 million or 10.3%, during the quarter and $452.7 million, or 18.4%, year over year, to $2.9 billion
• In September 2015, the Bank acquired eight branches from First Bank, a Missouri bank, in the Sarasota-Bradenton, Florida area with total deposits of $151.3 million and loans of $30.2 million
• Subsequent to quarter end, the Bank acquired approximately $255 million in assets, including $162 million in loans, and assumed approximately $280 million in customer deposits of The Bank of Georgia under an FDIC assisted transaction in October 2015

For earnings history and earnings-related data on Fidelity Sourthern Corp (LION) click here.

You May Also Be Interested In

• Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
• Gemini Space Station, Inc. (GEMI) Misses Q2 EPS by 32c
• Eledon Pharmaceuticals, Inc. (ELDN) Misses Q2 EPS by 12c