FCB Financial Holdings (FCB) Reports In-Line Q3 EPS
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FCB Financial Holdings (NYSE: FCB) reported Q3 EPS of $0.70, in-line with the analyst estimate of $0.70.
- Fully tax equivalent net revenue of $86.5 million;
- Reported and Adjusted EPS of $0.70 and $0.74 per share, respectively, on a fully diluted basis;
- New loan portfolio grew sequentially at an annualized rate of 19% when excluding the impact of mortgage sales;
- New loan fundings of $484.8 million during the quarter and mortgage portfolio sales of $68.4 million;
- Demand deposits grew by $221.5 million, or 39% annualized, during the quarter;
- Reported and Adjusted Efficiency ratio of 41.5% and 40.6%, respectively;
- Reported and Adjusted ROA of 128 and 136 basis points, respectively; and
- Tangible book value per share was $24.49.
For earnings history and earnings-related data on FCB Financial Holdings (FCB) click here.
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