Capital Bank Financial (CBF) Misses Q4 EPS by 3c

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Go back to Capital Bank Financial (CBF) Misses Q4 EPS by 3c

Capital Bank Financial Corp. Reports 1Q EPS of $0.24 and $0.27 Core EPS

April 23, 2015 6:30 AM EDT

New loans up 25% year over year; Loan portfolio grew sequentially at a 6% annualized rate and up 12% year over year; Deposits grew sequentially at an 8% annualized rate; Legacy credit expenses declined 34% sequentially and 37% year over year; Completed early redemption of legacy Southern Community CVR; and Recorded $2.4 million in facility consolidation expenses and severance as part of cost-saving initiatives.

CORAL GABLES, Fla., April 23, 2015 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp. (Nasdaq: CBF) (the "Company") today reported net income for the first quarter of 2015 of $11.4 million, or $0.24... More

Capital Bank Financial Corp. Reports 1Q EPS of $0.24 and $0.27 Core EPS

April 23, 2015 6:30 AM EDT

New loans up 25% year over year; Loan portfolio grew sequentially at a 6% annualized rate and up 12% year over year; Deposits grew sequentially at an 8% annualized rate; Legacy credit expenses declined 34% sequentially and 37% year over year; Completed early redemption of legacy Southern Community CVR; and Recorded $2.4 million in facility consolidation expenses and severance as part of cost-saving initiatives.

CORAL GABLES, Fla., April 23, 2015 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp. (Nasdaq: CBF) (the "Company") today reported net income for the first quarter of 2015 of $11.4 million, or $0.24... More