CommunityOne Bancorp (COB) Tops Q3 EPS by 2c

Go back to CommunityOne Bancorp (COB) Tops Q3 EPS by 2c

CommunityOne Bancorp Announces Third Quarter Core Net Income of $2.9 Million, and 21% Annualized Loan Growth

October 30, 2015 8:01 AM EDT

CHARLOTTE, N.C., Oct. 30, 2015 (GLOBE NEWSWIRE) -- CommunityOne Bancorp ("Company") (NASDAQ: COB), the holding company for CommunityOne Bank, N.A. ("Bank"), today announced its unaudited financial results for the quarter ended September 30, 2015. Highlights include:

Core net income in 3Q 2015 was $2.9 million, or $0.12 per diluted share, an increase of 24% from core net income in 3Q 2014. Net income in 3Q 2015 was $1.5 million, or $0.06 per diluted share. Net income before tax was $4.9 million in 3Q 2015, an increase of 230% from 3Q 2014. Loans grew at a 21% annualized rate in 3Q... More

CommunityOne Bancorp Announces Third Quarter Core Net Income of $2.9 Million, and 21% Annualized Loan Growth

October 30, 2015 8:00 AM EDT

CHARLOTTE, N.C., Oct. 30, 2015 (GLOBE NEWSWIRE) -- CommunityOne Bancorp ("Company") (NASDAQ: COB), the holding company for CommunityOne Bank, N.A. ("Bank"), today announced its unaudited financial results for the quarter ended September 30, 2015. Highlights include:

Core net income in 3Q 2015 was $2.9 million, or $0.12 per diluted share, an increase of 24% from core net income in 3Q 2014. Net income in 3Q 2015 was $1.5 million, or $0.06 per diluted share. Net income before tax was $4.9 million in 3Q 2015, an increase of 230% from 3Q 2014. Loans grew at a 21% annualized rate in 3Q... More