Park Sterling (PSTB) Tops Q3 EPS by 1c
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Park Sterling Corporation Announces Results for Third Quarter 2016
October 27, 2016 7:02 AM EDTCHARLOTTE, NC -- (Marketwired) -- 10/27/16 -- Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the third quarter of 2016. Highlights at and for the three months ended September 30, 2016 include:
Highlights
Net income of $6.3 million, or $0.12 per share, compared to $5.6 million, or $0.11 per share, in the quarter ended June 30, 2016Adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities, increased $869 thousand (13%) to $7.3 million, or... More