Louisiana Bancorp (LABC) 20.90 $LABC
Louisiana Bancorp, Inc. Announces Earnings for the Third Quarter
GlobeNewswire - Fri Oct 31, 5:59AM CDT
Louisiana Bancorp, Inc. (the "Company"
(Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended September 30, 2014 was $879,000, or $0.33 per diluted share, compared to quarterly net income of $576,000, or $0.22 per diluted share during the third quarter of 2013. The primary drivers of the increase in net income between the respective quarterly periods were a $42,000 increase in net interest income, a $66,000 decrease in our provision for loan losses, and a $426,000 increase in non-interest income. These increases were partially offset by a $92,000 increase in non-interest expense and a $139,000 increase in income tax expense. For the nine months ended September 30, 2014, the Company reported net income of $2.0 million, or $0.76 per diluted share, a decrease of $52,000 compared to the nine months ended September 30, 2013.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Declares Cash Dividend
GlobeNewswire - Wed Oct 29, 12:00PM CDT
Louisiana Bancorp, Inc. (Nasdaq:LABC) announced today that its Board of Directors at their meeting on October 28, 2014, declared a cash dividend of $.05 per share on the common stock of the Company, payable on November 25, 2014 to the shareholders of record at the close of business on November 10, 2014.
LABC: 20.90 (unch)
Louisiana Bancorp (LABC) Upgraded From Hold to Buy
at The Street - Fri Oct 17, 8:16AM CDT
Louisiana Bancorp (LABC) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B+.
LABC: 20.90 (unch)
Louisiana Bancorp (LABC) Downgraded From Buy to Hold
at The Street - Tue Sep 30, 8:03AM CDT
Louisiana Bancorp (LABC) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the Second Quarter
GlobeNewswire - Fri Aug 01, 6:00AM CDT
Louisiana Bancorp, Inc. (the "Company" (Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended June 30, 2014 was $519,000, or $0.20 per diluted share, compared to quarterly net income of $994,000, or $0.38 per diluted share during the second quarter of 2013. The variance between the respective quarterly periods was primarily attributable to a decrease in net interest income of $109,000, a decrease in gains on the sale of mortgage loans of $301,000, and a $234,000 non-recurring gain on the Company's equity investment in a small business investment company recognized during the second quarter of 2013. We did not recognize any such gain in the second quarter of 2014. For the six months ended June 30, 2014, the Company reported net income of $1.1 million, or $0.43 per diluted share, a decrease of $355,000 compared to the six months ended June 30, 2013.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the First Quarter
GlobeNewswire - Fri May 03, 6:00AM CDT
Louisiana Bancorp, Inc. (the "Company" (Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended March 31, 2013 was $500,000, or $0.19 per diluted share, a decrease of $19,000 from the first quarter of 2012. Net interest income was approximately $2.4 million during each of the respective three month periods ended March 31, 2013 and 2012. Our provision for loan losses increased by $86,000, to $141,000, during the first quarter of 2013 compared to the first quarter of 2012. This increase in our provision for loan losses primarily reflects the growth of our loan portfolio. Non-interest income for the March 31, 2013 quarter increased by $223,000 compared to the March 31, 2012 quarter due primarily to an increase in commissions earned on brokered loans and an increase in gains on loans sold. Total non-interest expense was $2.0 million for the first quarter of 2013, an increase of $173,000 compared to the first quarter of 2012. Th
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Stock Repurchase Program
GlobeNewswire - Wed Feb 27, 11:33AM CST
Louisiana Bancorp, Inc. (Nasdaq:LABC), the holding company for Bank of New Orleans, announced today that it has completed its previously announced stock repurchase program and that it will initiate a new stock repurchase program to acquire up to 150,000 shares of its outstanding common stock. These shares may be purchased in the open market or privately negotiated transactions, as and when deemed appropriate by management over the next six months.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the Fourth Quarter and Year
GlobeNewswire - Fri Feb 01, 6:00AM CST
Louisiana Bancorp, Inc. (the "Company" (Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended December 31, 2012 was $725,000, or $0.26 per diluted share, an increase of $140,000 from the fourth quarter of 2011. Net interest income was approximately $2.5 million during each of the respective three month periods ended December 31, 2012 and 2011. Non-interest income for the December 31, 2012 quarter increased by $450,000 compared to the December 31, 2011 quarter due primarily to an increase in commissions earned on brokered loans and an increase in gains on loans sold. For the year ended December 31, 2012, the Company reported net income of $2.5 million, or $0.90 per diluted share, compared to net income of $2.1 million, or $0.70 per diluted share for the year ended December 31, 2011.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the Third Quarter
GlobeNewswire - Fri Oct 31, 5:59AM CDT
Louisiana Bancorp, Inc. (the "Company"
(Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended September 30, 2014 was $879,000, or $0.33 per diluted share, compared to quarterly net income of $576,000, or $0.22 per diluted share during the third quarter of 2013. The primary drivers of the increase in net income between the respective quarterly periods were a $42,000 increase in net interest income, a $66,000 decrease in our provision for loan losses, and a $426,000 increase in non-interest income. These increases were partially offset by a $92,000 increase in non-interest expense and a $139,000 increase in income tax expense. For the nine months ended September 30, 2014, the Company reported net income of $2.0 million, or $0.76 per diluted share, a decrease of $52,000 compared to the nine months ended September 30, 2013. LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Declares Cash Dividend
GlobeNewswire - Wed Oct 29, 12:00PM CDT
Louisiana Bancorp, Inc. (Nasdaq:LABC) announced today that its Board of Directors at their meeting on October 28, 2014, declared a cash dividend of $.05 per share on the common stock of the Company, payable on November 25, 2014 to the shareholders of record at the close of business on November 10, 2014.
LABC: 20.90 (unch)
Louisiana Bancorp (LABC) Upgraded From Hold to Buy
at The Street - Fri Oct 17, 8:16AM CDT
Louisiana Bancorp (LABC) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B+.
LABC: 20.90 (unch)
Louisiana Bancorp (LABC) Downgraded From Buy to Hold
at The Street - Tue Sep 30, 8:03AM CDT
Louisiana Bancorp (LABC) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the Second Quarter
GlobeNewswire - Fri Aug 01, 6:00AM CDT
Louisiana Bancorp, Inc. (the "Company"
(Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended June 30, 2014 was $519,000, or $0.20 per diluted share, compared to quarterly net income of $994,000, or $0.38 per diluted share during the second quarter of 2013. The variance between the respective quarterly periods was primarily attributable to a decrease in net interest income of $109,000, a decrease in gains on the sale of mortgage loans of $301,000, and a $234,000 non-recurring gain on the Company's equity investment in a small business investment company recognized during the second quarter of 2013. We did not recognize any such gain in the second quarter of 2014. For the six months ended June 30, 2014, the Company reported net income of $1.1 million, or $0.43 per diluted share, a decrease of $355,000 compared to the six months ended June 30, 2013. LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the First Quarter
GlobeNewswire - Fri May 03, 6:00AM CDT
Louisiana Bancorp, Inc. (the "Company"
(Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended March 31, 2013 was $500,000, or $0.19 per diluted share, a decrease of $19,000 from the first quarter of 2012. Net interest income was approximately $2.4 million during each of the respective three month periods ended March 31, 2013 and 2012. Our provision for loan losses increased by $86,000, to $141,000, during the first quarter of 2013 compared to the first quarter of 2012. This increase in our provision for loan losses primarily reflects the growth of our loan portfolio. Non-interest income for the March 31, 2013 quarter increased by $223,000 compared to the March 31, 2012 quarter due primarily to an increase in commissions earned on brokered loans and an increase in gains on loans sold. Total non-interest expense was $2.0 million for the first quarter of 2013, an increase of $173,000 compared to the first quarter of 2012. Th LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Stock Repurchase Program
GlobeNewswire - Wed Feb 27, 11:33AM CST
Louisiana Bancorp, Inc. (Nasdaq:LABC), the holding company for Bank of New Orleans, announced today that it has completed its previously announced stock repurchase program and that it will initiate a new stock repurchase program to acquire up to 150,000 shares of its outstanding common stock. These shares may be purchased in the open market or privately negotiated transactions, as and when deemed appropriate by management over the next six months.
LABC: 20.90 (unch)
Louisiana Bancorp, Inc. Announces Earnings for the Fourth Quarter and Year
GlobeNewswire - Fri Feb 01, 6:00AM CST
Louisiana Bancorp, Inc. (the "Company"
(Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank", announced today that the Company's net income for the quarter ended December 31, 2012 was $725,000, or $0.26 per diluted share, an increase of $140,000 from the fourth quarter of 2011. Net interest income was approximately $2.5 million during each of the respective three month periods ended December 31, 2012 and 2011. Non-interest income for the December 31, 2012 quarter increased by $450,000 compared to the December 31, 2011 quarter due primarily to an increase in commissions earned on brokered loans and an increase in gains on loans sold. For the year ended December 31, 2012, the Company reported net income of $2.5 million, or $0.90 per diluted share, compared to net income of $2.1 million, or $0.70 per diluted share for the year ended December 31, 2011. LABC: 20.90 (unch)
