Park Sterling (PSTB) Tops Q1 EPS by 4c
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Park Sterling Corporation Announces Results for First Quarter 2016
April 28, 2016 7:00 AM EDTCHARLOTTE, NC -- (Marketwired) -- 04/28/16 -- Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the first quarter of 2016. Highlights at and for the three months ended March 31, 2016 include:
Three Month Highlights
Net income of $2.7 million, or $0.05 per share, compared to $3.8 million, or $0.09 per share, in the quarter ended December 31, 2015 Adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities, increased $1.4 million... More