Spirit of Texas Bancshares Inc. (STXB) Tops Q1 EPS by 3c
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Spirit of Texas Bancshares, Inc. Reports First Quarter 2019 Financial Results
April 29, 2019 4:30 PM EDTCONROE, Texas, April 29, 2019 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit" or the "Company"), the bank holding company for Spirit of Texas Bank, today reported its results as of and for the quarter ended March 31, 2019.
First Quarter 2019 Financial and Operational Highlights
Net income for the first quarter of 2019 increased to $3.8 million, compared to $2.0 million in the first quarter of 2018. Adjusted net income(1) for the first quarter of 2019 was $4.1 million, which excluded $1.4 million of after-tax, merger-related expenses and $1.1 million of gain on sale of... More