National Commerce (NCOM) Tops Q3 EPS by 5c

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National Commerce Corporation Announces Third Quarter 2016 Earnings

October 25, 2016 6:30 PM EDT

BIRMINGHAM, Ala., Oct. 25, 2016 (GLOBE NEWSWIRE) -- National Commerce Corporation (Nasdaq: NCOM) (the Company or NCC), the parent company of National Bank of Commerce, today reported third quarter 2016 net income to common shareholders of $4.8 million, compared to $2.5 million for the third quarter of 2015.  Diluted net earnings per share were $0.43 in the third quarter of 2016, compared to $0.39 in the second quarter of 2016 and $0.26 in the third quarter of 2015.  For the nine months ended September 30, 2016, NCC earned $12.9 million, or $1.17 in diluted earnings per share, up from $6.7 million, or $0.74 per diluted share, for the nine months ended September 30,... More