Park Sterling (PSTB) Reports In-Line Q3 EPS

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Park Sterling Corporation Announces Record Results for Third Quarter 2015

October 29, 2015 7:02 AM EDT

CHARLOTTE, NC -- (Marketwired) -- 10/29/15 -- Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the third quarter of 2015. Highlights at and for the three months ended September 30, 2015 include:

Highlights

Net income increased $509,000 (12%) to a record $4.8 million, or $0.11 per share, compared to $4.3 million, or $0.10 per share, in the quarter ended June 30, 2015Adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities, increased $384,000 (9%)... More