FCB Financial Holdings (FCB) Tops Q2 EPS by 10c

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FCB Financial Holdings, Inc. Surpasses $9.9 Billion in Assets and Reports Second Quarter 2017 Financial Results

July 25, 2017 4:05 PM EDT

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE: FCB) (the "Company") today reported second quarter 2017 net income of $35.1 million, or $0.76 per share on a fully diluted basis, and adjusted net income of $32.5 million, or $0.71 per share on a fully diluted basis. Net income rose 49% year-over-year and net income per diluted share rose 39%. Adjusted net income rose 34% year-over-year and adjusted net income per diluted share rose 25%. This resulted in a ROA of 147 basis points and an adjusted ROA of 136 basis points.

Fully tax equivalent net revenue of $83.0 million;... More