State Bank Financial (STBZ) Reports In-Line Q1 EPS

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Go back to State Bank Financial (STBZ) Reports In-Line Q1 EPS

State Bank Financial Corporation Reports First Quarter 2017 Financial Results

April 27, 2017 7:30 AM EDT

First quarter 2017 net income of $11.6 million, or $.30 per diluted shareSuccessful integration of two acquisitions, with conversion completed in February10% linked-quarter revenue growthLoan growth of $46.7 million, or 7% annualized, excluding purchased credit impaired loansAsset-sensitive balance sheet contributed to net interest margin expansion

ATLANTA, April 27, 2017 (GLOBE NEWSWIRE) -- State Bank Financial Corporation (NASDAQ: STBZ) today announced unaudited financial results for the first quarter ended March 31, 2017.  Net income for the first quarter of 2017 was $11.6 million, compared to $10.3 million in the fourth quarter... More