Green Bancorp (GNBC) Misses Q3 EPS by 33c
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Green Bancorp, Inc. Reports Third Quarter 2016 Financial Results
October 28, 2016 7:15 AM EDT2016 Third Quarter Highlights
Third quarter 2016 net loss was $9.0Â million after recording $28.2Â million in provision for loan losses, of which $25.4Â million related to energy loans, including $19.2Â million specific to energy loans transferred to held for saleEnergy loans were reduced by $80.6Â million during the third quarter 2016; additionally, $38.9Â million in energy loans were transferred to held for sale and are expected to be sold during the fourth quarter 2016Since March 31, 2016, energy loans have been reduced by $147.7Â million, or... More
