Form 8-K SUSQUEHANNA BANCSHARES For: Apr 22
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Susquehanna Bancshares (SUSQ) Reports In-Line Q1 EPS
April 22, 2015 4:35 PM EDTSusquehanna Bancshares (NASDAQ: SUSQ) reported Q1 EPS of $0.18, ex-items, in-line with the analyst estimate of $0.18.
Highlights:
Loans and leases decreased $29.9 million or 0.2% from December 31, 2014 to $13.5 billion at March 31, 2015.Total deposits increased $43.5 million or 0.3% from December 31, 2014 to $13.8 billion at March 31, 2015.Net interest margin decreased 6 basis points to 3.40% for the first quarter of 2015 compared to 3.46% for the fourth quarter of 2014. Net interest margin (excluding purchase accounting) (1) was flat at 3.31% for the first quarter of 2015. The decrease in the net interest margin was driven by a reduction in purchase accounting... More