Capital Bank Financial (CBF) Tops Q3 EPS by 3c

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Capital Bank Financial Corp. Reports Fourth Quarter Net Income of $13.8 Million or $0.29 Per Diluted Share, Up 26% Year Over Year, and Full Year Net Income of $50.9 Million or $1.02 Per Diluted Share,

January 29, 2015 6:30 AM EST

Record new loans of $457 million for the quarter and $1.6 billion for the year, up 27%; Loan portfolio grew sequentially at a 15% annualized rate and 10% for the full year; Legacy credit expenses down 19% year over year and 47% for the full year; and ROA and Core ROA increased to 0.82% and 0.83%, respectively.

CORAL GABLES, Fla., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp. (Nasdaq: CBF) (the "Company") today reported fourth quarter 2014 net income of $13.8 million, or $0.29 per diluted share, and core net income of $14.0 million, or $0.29 per diluted share.... More