Hancock Holding (HBHC) Tops Q1 EPS by 4c
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Hancock reports first quarter 2016 financial results
April 19, 2016 5:00 PM EDTCore pre-tax, pre-provision income improves; results reflect previously announced energy provision
Highlights of the companys first quarter 2016 results (compared to fourth quarter 2015):
Core pre-tax, pre-provision income $76.4 million, up $8.4 million or 12%Total loans up $275 million, or 7% linked-quarter annualized (LQA)Loan growth funded completely by deposit growth of $307 million, or 7% LQACore net interest margin up 2 basis points (bps); up 4 bps excluding interest reversalsTangible common equity (TCE) ratio up 7 bps to... More