State Bank Financial (STBZ) Posts Q4 EPS of $0.14

State Bank Financial (NASDAQ: STBZ) reported Q4 EPS of $0.14, which does not compare to the analyst estimate of $0.43.

Fully diluted earnings per share were $.14 in the fourth quarter of 2017, compared to $.37 in the third quarter of 2017 and $.28 in the fourth quarter of 2016. Net income for the fourth quarter and full year ended December 31, 2017 includes the impact of a $10.7 million non-cash tax expense on tax reform and merger election related revaluation of our net deferred tax assets and $911,000 in after tax securities losses related to an investment portfolio restructure. Additionally, after tax merger expenses of $1.6 million and $3.3 million were included in our results for the quarter and year ended December 31, 2017, respectively.

For earnings history and earnings-related data on State Bank Financial (STBZ) click here.

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