IBERIABANK Corp. (IBKC) Misses Q3 EPS by 16c
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Go back to IBERIABANK Corp. (IBKC) Misses Q3 EPS by 16c
October 23, 2017 3:22 AM EDT
Baird downgraded IberiaBank (NASDAQ: IBKC) from Outperform to Neutral with a price target of $78.00 (from $97.00).
For an analyst ratings summary and ratings history on IberiaBank click here. For more ratings news on IberiaBank click here.
Shares of IberiaBank closed at $75.45 Friday.
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October 20, 2017 5:37 AM EDT
IBERIABANK Corporation (NASDAQ: IBKC) holding company of the 130-year-old IBERIABANK and Gibraltar Private Bank & Trust Co. ("Gibraltar"), jointly announced today the signing of a definitive agreement for IBKC to acquire Gibraltar through the merger of Gibraltar with and into IBERIABANK. The proposed merger has been approved by the Board of Directors of each company and is expected to close in the first quarter of 2018. Completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Gibraltar's shareholders.
Angel Medina, Jr., President and Chief... More
