Stonegate Bank (SGBK) Doubles Qtr. Dividend to 8c/Share
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Stonegate Bank Announces Increase in Dividend
October 27, 2015 3:00 PM EDTPOMPANO BEACH, FL -- (Marketwired) -- 10/27/15 -- Stonegate Bank (NASDAQ: SGBK) ("Stonegate") announced today that its Board of Directors declared an increase in its quarterly dividend from $0.04 to $0.08 for dividends payable after November 1, 2015. "Our strong financial results have enabled us to expand the quarterly dividend while maintaining acceptable levels of capital. It is the next step in our commitment to our shareholders, as the Board believes that dividend growth is an... More
Stonegate Bank Announces Third Quarter 2015 Operating Results
October 23, 2015 7:00 AM EDTPOMPANO 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
