C1 Financial (BNK) Misses Q1 EPS by 2c

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C1 Financial Reports 2015 First Quarter Results

April 15, 2015 4:30 PM EDT

ST. PETERSBURG, Fla., April 15, 2015 /PRNewswire/ -- C1 Financial, Inc. (NYSE: BNK) today reported net income and non-GAAP operating net income of $3.2 million, or $0.20 per diluted common share for the first quarter of 2015 ("1Q15"), compared to $1.3 million, or $0.08 per diluted common share (and non-GAAP operating net income of $2.8 million, or $0.17 per diluted common share) for the fourth quarter of 2014 ("4Q14"). Please refer to the last table in this document for the explanation of non-GAAP financial measures discussed in this earnings release.

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