State Bank Financial (STBZ) Tops Q3 EPS by 5c
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Go back to State Bank Financial (STBZ) Tops Q3 EPS by 5c
October 22, 2015 7:34 AM EDT
Operating Earnings Per Diluted Share of $.31$98 Million of Net Loan Growth, or 19% AnnualizedAnnounced Organizational Realignment as Part of Broader Efficiency Initiative in SeptemberAcquisition of Equipment Finance Group Subsequent to Quarter-End
ATLANTA, Oct. 22, 2015 (GLOBE NEWSWIRE) -- State Bank Financial Corporation (NASDAQ: STBZ) today announced operating income of $11.4 million, or $.31 per fully diluted share for the quarter ended September 30, 2015, compared to $7.7 million, or $.21 per fully diluted share for the second quarter of 2015. Interest income on loans improved to $24.2 million, a $1.1 million increase... More
October 22, 2015 7:33 AM EDT
ATLANTA and MACON, Ga., Oct. 22, 2015 (GLOBE NEWSWIRE) -- State Bank and Trust Company, a wholly-owned subsidiary of State Bank Financial Corporation (NASDAQ: STBZ), announced today that it has purchased the equipment finance origination platform of Patriot Capital Corporation, a leading provider of equipment financing to the retail petroleum industry. The terms of the transaction were not disclosed.
Equipment financing is a business we have long wanted to enter, and we have found a great fit with Patriot Capital, one of the largest equipment lenders in the retail fueling industry. We... More
