Cardinal State Bank (SNC) Tops Q1 EPS by 2c

Cardinal State Bank (NASDAQ: SNC) reported Q1 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $59 million versus the consensus estimate of $50.3 million.

• Total revenues were $59.0 million, up 18%
• Premiums earned were $36.5 million, an increase of 15%
• Ceding fees were $17.6 million, up 9%
• Net income was $11.5 million, an increase of 19 %
• EPS of $0.27, up from $0.23
• EBITDA was $19.4 million, up 17%

For earnings history and earnings-related data on Cardinal State Bank (SNC) click here.

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