Park Sterling (PSTB) Reports In-Line Q4 EPS

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Park Sterling Corporation Announces Record Operating Results for Fourth Quarter 2015

January 28, 2016 7:00 AM EST

CHARLOTTE, NC -- (Marketwired) -- 01/28/16 -- Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the fourth quarter of 2015. Highlights at and for the three and twelve months ended December 31, 2015 include:

Three Month Highlights

Net income of $3.8 million, or $0.09 per share, compared to $4.8 million, or $0.11 per share, in the quarter ended September 30, 2015 Adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities,... More