24.07.2013 00:49:11

IBERIABANK Q2 Profit Rises - Quick Facts

(RTTNews) - IBERIABANK Corporation (IBKC) Tuesday reported a second-quarter net income attributable to common shareholders of $15.6 million, or $0.53 per share compared with $12.6 million, or $0.43 per share last year.

On an adjusted basis, earnings were $0.73 per share, same as last year.

On average, nine analysts polled by Thomson Reuters expected the company to earn $0.72 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter rose to $96.5 million from $93.2 million, while total non-interest income was $42.5 million, down from $41.7 million in the year-ago period.

Meanwhile, the company recorded a $2 million loan loss provision in the second quarter of 2013.

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