State Bank Financial (STBZ) Reports In-Line Q1 EPS

State Bank Financial (NASDAQ: STBZ) reported Q1 EPS of $0.30, in-line with the analyst estimate of $0.30.

Joe Evans, Chairman and CEO of State Bank Financial, commented, “We are off to a fast start in 2017 as we kicked off the year by welcoming two new banks. Our new teams combined with solid performance throughout the existing franchise to generate net income of $11.6 million in the first quarter. Quick integration of the acquisitions should drive even better performance in future quarters as the merger and integration costs decline.”

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

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