Guggenheim Upgrades FCB Financial Holdings (FCB) to Buy

Go back to Guggenheim Upgrades FCB Financial Holdings (FCB) to Buy

FCB Financial Holdings, Inc. Reports Record Fourth Quarter 2015 Financial Results

January 25, 2016 4:10 PM EST

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE: FCB) (the "Company") today reported fourth quarter 2015 net income of $29.7 million, or $0.68 per share on a fully diluted basis, and record core net income of $22.5 million, or $0.52 per share on a fully diluted basis. Core net income rose 79% year-over-year and core net income per diluted share rose 73%. These resulted in a ROA of 166 basis points and a core ROA of 125 basis points, and continue to reflect improvements on a year-over-year basis.

Total net revenue of $69.5 million, up 26% year-over-year... More