State Bank Financial (STBZ) Misses Q1 EPS by 4c

State Bank Financial (NASDAQ: STBZ) reported Q1 EPS of $0.44, $0.04 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $60.56 million versus the consensus estimate of $54.59 million.

• Record net income of $17.4 million, or $.44 per diluted share, in the first quarter of 2018
• Return on assets of 1.45% and return on equity of 10.96%
• Loan growth of $104.4 million, or 12.6% annualized, excluding purchased credit impaired loans
• Successful conversion of AloStar Bank of Commerce's core system
• Dividend increased 43% to $.20 per common share, a $.06 per share increase

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

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