FCB Financial Holdings (FCB) Tops Q1 EPS by 4c

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FCB Financial Holdings, Inc. Reports First Quarter 2015 Financial Results

April 23, 2015 4:01 PM EDT

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE: FCB) (the "Company") today reported financial results for the first quarter of 2015. For the quarter ended March 31, 2015, after deducting the previously disclosed one-time pre-tax charge of $65.5 million in conjunction with the early termination of all loss share agreements, the Company reported a net loss of $16.9 million, or $0.41 per diluted share.

On a core net income basis, the Company had a record quarter. The Company reported core net income for the first quarter of 2015 of $18.1 million, or $0.43 per diluted share. Core net income rose 254%... More