National Commerce (NCOM) Tops Q1 EPS by 3c

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Go back to National Commerce (NCOM) Tops Q1 EPS by 3c

National Commerce Corporation Announces First Quarter 2016 Earnings

April 20, 2016 6:30 PM EDT

BIRMINGHAM, Ala., April 20, 2016 (GLOBE NEWSWIRE) -- National Commerce Corporation (Nasdaq: NCOM) (the Company or NCC), the parent company of National Bank of Commerce, today reported first quarter 2016 net income to common shareholders of $3.8 million, compared to $1.9 million for the first quarter of 2015.  Diluted net earnings per share were $0.34 in the first quarter of 2016, compared to $0.28 in the fourth quarter of 2015 and $0.25 in the first quarter of 2015.

We are pleased with the start to the year, and our improving profitability metrics give us some encouragement about the direction in which... More