Cascade Bancorp (CACB) Tops Q2 EPS by 1c
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Cascade Bancorp Reports Second Quarter 2016 Earnings Per Share Of $0.07 Driven By Double-Digit Revenue And Loan Growth
July 27, 2016 4:01 PM EDTBEND, Ore., July 27, 2016 /PRNewswire/ --Â Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"), the holding company for Bank of the Cascades ("Bank"), today announced its financial results for the three and six months ended June 30, 2016.
Second Quarter 2016 Financial Highlights
Net income for the second quarter of 2016 was $4.8 million, or $0.07 per share, compared to $1.9 million, or $0.03 per share, for the first quarter of 2016 ("linked quarter") which included non-recurring net expense items of $3.1 million (pretax), or $0.03 per share... More