National Penn Bancshares, Inc. (NPBC) Tops Q3 EPS by 2c, Raises Q4 Dividend to $0.04

October 28, 2011 7:21 AM EDT
National Penn Bancshares, Inc. (NASDAQ: NPBC) reported Q3 EPS of $0.16, $0.02 better than the analyst estimate of $0.14.

Earnings continue to enhance National Penn’s capital position providing for an increase in the common stock cash dividend to $0.04 per share in the fourth quarter of 2011 from $0.03 in the third quarter. The ratio of tangible common equity to tangible assets increased to 10.66%1, and the total risk based capital ratio increased to 18.1% at September 30, 2011.


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