FCB Financial Holdings (FCB) Reports In-Line Q3 EPS

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FCB Financial Holdings, Inc. Surpasses $10 Billion in Assets and Reports Third Quarter 2017 Financial Results

October 24, 2017 4:05 PM EDT

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE: FCB) (the "Company") today reported third quarter 2017 net income of $32.2 million, or $0.70 per share on a fully diluted basis, and adjusted net income of $34.2 million, or $0.74 per share on a fully diluted basis. Net income rose 23% year-over-year and net income per diluted share rose 15%. Adjusted net income rose 35% year-over-year and adjusted net income per diluted share rose 26%. This resulted in a ROA of 128 basis points and an adjusted ROA of 136 basis points.

Fully tax equivalent net revenue of $86.5 million;... More