Stonegate Bank (SGBK) Tops Q3 EPS by 3c

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Go back to Stonegate Bank (SGBK) Tops Q3 EPS by 3c

Stonegate Bank Announces Third Quarter 2015 Operating Results

October 23, 2015 7:00 AM EDT

POMPANO BEACH, FL -- (Marketwired) -- 10/23/15 -- Stonegate Bank (NASDAQ: SGBK) ("Stonegate") reported net income of $6.8 million for the third quarter of 2015 or $0.54 per diluted common share, as compared to net income of $6.0 million for the second quarter of 2015 earnings or $0.46 per diluted common share ($0.53 per share net operating income).

Net operating income is a non-GAAP financial measurement used by management to evaluate and monitor financial results of operations excluding certain non-recurring items such as merger and acquisition related expenses. A table... More