National Commerce (NCOM) Tops Q4 EPS by 1c

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Go back to National Commerce (NCOM) Tops Q4 EPS by 1c

National Commerce Corporation Announces Fourth Quarter and FYE 2015 Earnings

January 26, 2016 6:30 PM EST

BIRMINGHAM, Ala., Jan. 26, 2016 (GLOBE NEWSWIRE) -- National Commerce Corporation (Nasdaq: NCOM) (the Company or NCC), the parent company of National Bank of Commerce, today reported fourth quarter 2015 net income to common shareholders of $2.9 million, compared to $1.7 million for the fourth quarter of 2014.  Diluted net earnings per share were $0.28 in the 2015 fourth quarter, compared to $0.27 in the 2015 third quarter.

For the full year, NCC reported net income of $9.6 million, up from $5.4 million in 2014, and diluted net earnings per share of $1.02, compared to $0.91 in 2014.

On October 31, 2015, the Company completed the acquisition of... More