Iberiabank Corp (IBKC) 68.87 $IBKC
Look for Shares of Iberiabank to Potentially Pullback after Yesterday's 1.67% Rise
Comtex SmarTrend(R) - Mon Aug 29, 2:44PM CDT
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $67.92 to a high of $69.93. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $68.50 on volume of 398,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
IBKC: 68.87 (+0.48)
Jones Resigns From Board Of Directors
PR Newswire - Thu Aug 11, 10:52AM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), recently announced the election of Dr. Eli Jones to the IBERIABANK Corporation Board of Directors and the IBERIABANK Board of Directors. However, as a current independent trustee of Invesco's open and closed-end funds, it was subsequently determined that membership on the IBERIABANK boards may present a conflict with the independence requirements under the Investment Company Act of 1940. Effective August 8, 2016, Dr. Jones resigned from the IBERIABANK boards of directors.
IBKC: 68.87 (+0.48)
Upgrade Alert for Iberiabank (IBKC)
Comtex SmarTrend(R) - Tue Aug 09, 4:04AM CDT
Iberiabank (NASDAQ:IBKC) was upgraded from Market Perform to Outperform at Fig Partners today. The stock closed yesterday at $64.26 on volume of 250,000 shares, below average daily volume of 314,000. IBERIABANK Corporation is the holding company for IBERIABANK, a commercial bank conducting business from a network of offices located throughout Louisiana. The Bank attracts deposits from the general public and uses those funds to originate consumer and commercial loans. IBERIABANK also offers discount brokerage services through a wholly owned subsidiary.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports Second Quarter Results
PR Newswire - Wed Jul 27, 5:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), reported financial results for the second quarter ended June 30, 2016. For the quarter, the Company reported income available to common shareholders of $50.0 million, or $1.21 fully diluted earnings per common share ("EPS"
. On a non-GAAP basis, EPS excluding non-core revenues and non-core expenses ("Core EPS" in the second quarter of 2016 was $1.18 per common share (refer to press release supplemental tables for a reconciliation of GAAP to non-GAAP metrics). Both EPS and Core EPS in the second quarter of 2016 were within management's guidance range and exceeded consensus analyst expectations.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Declares Cash Dividend on Common Stock
PR Newswire - Mon Jun 20, 4:35PM CDT
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.34 per common share. The dividend is payable on July 29, 2016, to shareholders of record as of June 30, 2016. This dividend level equates to an annualized dividend rate of $1.36 per share. Based on the closing common stock price on June 20, 2016, of $61.31 per common share, the indicated dividend yield on the Company's common stock was 2.22%.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Announces Proposed Schedule to Declare Preferred Dividends
PR Newswire - Mon May 16, 6:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 129-year-old IBERIABANK, today announced a planned declaration schedule of cash dividends payable on its preferred shares, subject to the discretion of the Board of Directors, in an effort to facilitate the investment community's understanding of the timing and impact of the preferred dividends on the Company's results of operations in 2016.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Announces Common Stock Repurchase Program
PR Newswire - Wed May 04, 3:30PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), announced today that the Board of Directors of the Company authorized the repurchase of up to 950,000 shares of the Company's outstanding common stock. This repurchase authorization equates to approximately 2.3% of total shares outstanding.
IBKC: 68.87 (+0.48)
IBERIABANK Announces Pricing of $50 Million Preferred Stock Offering
PR Newswire - Tue May 03, 6:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 129-year-old IBERIABANK, today announced it has priced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/400th interest in a share of 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share, with a liquidation preference of $10,000 per share of Series C preferred stock (equivalent to $25 per depositary share). IBERIABANK has granted the underwriters a 30-day option to purchase 300,000 additional depositary shares, solely to cover over-allotments, if any.
IBKC: 68.87 (+0.48)
Iberiabank tops Street 1Q forecasts
Automated Insights - Wed Apr 27, 5:39PM CDT
LAFAYETTE, La. (AP) _ Iberiabank Corp. (IBKC) on Wednesday reported first-quarter profit of $42.8 million.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports First Quarter Results
PR Newswire - Wed Apr 27, 4:45PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), reported operating results for the first quarter ended March 31, 2016. For the quarter, the Company reported income available to common shareholders of $40.2 million, or $0.97 fully diluted earnings per common share ("EPS". In the first quarter of 2016, the Company incurred non-operating expenses net of non-operating revenue and income taxes equal to $1.6 million, or $0.04 per common share. Excluding non-operating items, operating EPS in the first quarter of 2016 was $1.01 per common share on a non-GAAP operating basis (refer to press release supplemental table). The $1.01 operating EPS results in the first quarter of 2016 were within management's guidance range and exceeded consensus analyst expectations.
IBKC: 68.87 (+0.48)
Iberiabank Rises 3.34% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Mar 31, 3:24PM CDT
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $49.52 to a high of $51.96. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $51.42 on volume of 273,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation to Announce First Quarter Results
PR Newswire - Tue Mar 29, 12:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the parent holding company of IBERIABANK (www.iberiabank.com), announced today that it will release first quarter 2016 results after the close of business on Wednesday, April 27, 2016, and follow with a conference call the next morning.
IBKC: 68.87 (+0.48)
IBERIABANK reports net income of USD44m in Q4 2015
M2 - Thu Feb 04, 6:59AM CST
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 128-year-old IBERIABANK, has reported fourth quarter 2015 income available to common shareholders of USD44.4 million, or USD1.08 fully diluted earnings per common share, the company said. In the fourth quarter of 2015, the company incurred non-operating expenses net of non-operating revenue and income taxes equal to USD1.0 million, or USD0.03 per common share. Excluding non-operating items, operating EPS in the fourth quarter of 2015 was USD1.11 per common share on a non-GAAP operating basis. Highlights for the fourth quarter and full year 2015: Energy-related loans declined USD39 million, or five percent, between September 30, 2015 and December 31, 2015, and equated to 4.8 percent of total loans at December 31, 2015. At December 31, 2015, USD8.4 million in energy loans were on non-accrual status (1.2 percent of total energy loans). The company had approximately USD27 million in aggregate reserves for energy-related loans and unfunded commitments, an increase of USD8 million, or 41 percent, since September 30, 2015. At year-end, energy-related reserves equated to 3.9 percent of energy loans outstanding. The company's net interest margin increased 14 basis points on a linked quarter basis to 3.64 percent, which was well above management's expectations. The company's cash margin improved seven basis points on a linked quarter basis. On a linked quarter basis, the company's operating revenues increased USD3.1 million, or 1 percent, while its operating expenses decreased USD6.4 million, or 5 percent. The tangible efficiency ratio improved from 64.8 percent to 61.1 percent on a linked quarter basis. During 2015, the company closed or consolidated 11 bank branches, acquired 36 branches, and opened five branches. An additional 19 branches are scheduled to be closed or consolidated in the first quarter of 2016, resulting in projected annual net run-rate savings of at least USD1 million per quarter starting in the second quarter of 2016. The company incurred USD3.4 million in pre-tax non-operating expenses in the fourth quarter of 2015 associated with branch closures. An additional USD2.7 million in pre-tax non-operating expenses is estimated to be incurred in the first quarter of 2016. The estimated pay-back period associated with the branch closures and consolidations in 2016 is approximately two years. Total deposits decreased USD124 million, or less than one percent, between quarter-ends, and decreased USD77 million, or less than one percent, on an average balance basis. On a linked quarter basis, average loan volume increased USD170 million, or one percent, and the associated yield increased eight basis points. Over that period, average legacy loans increased USD377 million, or four percent, with an increase in yield of two basis points, and acquired loans decreased USD208 million, or six percent, and the yield increased 38 basis points due to pool closings, ongoing recoveries, and other factors. All other average earning assets, including investment securities, mortgage loans held for sale, and interest-bearing deposits in other institutions, decreased a total of USD193 million, or five percent. On a linked quarter basis, average earning assets decreased USD24 million, or less than 1 percent, and the average earning asset yield increased 13 basis points. Average interest-bearing liabilities decreased USD295 million, or two percent, and the cost of interest-bearing liabilities decreased one basis point. As a result, the net interest spread and margin each increased 14 basis points. On a linked quarter basis, tax-equivalent net interest income increased USD6.0 million, or four percent, primarily due to the net interest margin improvement. In the fourth quarter of 2015, non-interest income decreased USD5.0 million, or nine percent, compared to the third quarter of 2015. Non-operating non-interest income totaled USD0.2 million in the fourth quarter of 2015. Operating non-interest income decreased USD2.9 million, or five percent, on a linked quarter basis. The primary changes in operating non-interest income due to seasonal influences on a linked quarter basis included: Assets under management at IBERIA Wealth Advisors were USD1.4 billion at December 31, 2015, up one percent compared to September 30, 2015. Revenues for IWA were unchanged on a linked quarter basis, and were up 11 percent compared to the fourth quarter of 2014. IBERIA Financial Services revenues increased 4 percent on a linked quarter basis, and were up 45 percent compared to the fourth quarter of 2014. IBERIA Capital Partners revenues increased 24 percent on a linked quarter basis, and were down 49 percent compared to the fourth quarter of 2014. IBERIABANK Corporation is a financial holding company with 319 combined offices, including 219 bank branch offices and three loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, and Georgia.
IBKC: 68.87 (+0.48)
Iberiabank beats 4Q profit forecasts
Automated Insights - Wed Jan 27, 5:57PM CST
LAFAYETTE, La. (AP) _ Iberiabank Corp. (IBKC) on Wednesday reported fourth-quarter earnings of $44.4 million.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports Record Operating Results
PR Newswire - Wed Jan 27, 5:39PM CST
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 128-year-old IBERIABANK (www.iberiabank.com), reported operating results for the fourth quarter ended December 31, 2015. For the quarter, the Company reported income available to common shareholders of $44.4 million, or $1.08 fully diluted earnings per common share ("EPS". In the fourth quarter of 2015, the Company incurred non-operating expenses net of non-operating revenue and income taxes equal to $1.0 million, or $0.03 per common share. Excluding non-operating items, operating EPS in the fourth quarter of 2015 was $1.11 per common share on a non-GAAP operating basis (refer to press release supplemental table.) The $1.11 operating EPS results in the fourth quarter of 2015 were within management's guidance range, equated to a 4% improvement on a linked quarter basis, and was a record level of quarterly operating EPS for the Company.
IBKC: 68.87 (+0.48)
SmarTrend Watching for Potential Rebound in Shares of Iberiabank After 6.99% Loss
Comtex SmarTrend(R) - Mon Jan 25, 5:45PM CST
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $42.20 to a high of $46.11. Yesterday, the shares fell 7.0%, which took the trading range below the 3-day low of $43.82 on volume of 374,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
IBKC: 68.87 (+0.48)
Shares of IBKC Down 18.9% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Jan 25, 3:57PM CST
SmarTrend identified a Downtrend for Iberiabank (NASDAQ:IBKC) on January 4th, 2016 at $53.95. In approximately 3 weeks, Iberiabank has returned 18.85% as of today's recent price of $43.78.
IBKC: 68.87 (+0.48)
IBERIABANK declares preferred stock dividend
M2 - Thu Jan 07, 5:10AM CST
Board of directors of IBERIABANK Corporation (NASDAQ: IBKC) declared a semi-annual cash dividend on the outstanding shares of its 6.625 percent fixed-to-floating non-cumulative perpetual preferred stock, Series B, par value USD1.00 per share, the company said. The declared cash dividend on the Series B Preferred Stock is for the time period between the initial issuance of the depositary shares on August 5, 2015, up to, but excluding, the first dividend payment date of February 1, 2016. The cash dividend is payable on February 1, 2016, to shareholders of record as of the close of business on January 15, 2016. IBERIABANK Corporation is a financial holding company based in Lafayette, Louisiana with locations in 10 states.
IBKC: 68.87 (+0.48)
IBERIABANK announces preferred stock half yearly dividend of USD322.05 per share
M2 - Tue Jan 05, 4:02AM CST
IBERIABANK Corporation (NASDAQ:IBKC) reported on Monday that its board of directors authorised a semi-annual cash dividend of USD322.05 per share on the outstanding shares of the company's 6.625% fixed-to-floating non-cumulative perpetual preferred stock, series B (Nasdaq GS Market:IBKCP) of par value USD1.00 per share or equal to about USD0.805 per depositary share.
IBKC: 68.87 (+0.48)
Look for Shares of Iberiabank to Potentially Pullback after Yesterday's 1.67% Rise
Comtex SmarTrend(R) - Mon Aug 29, 2:44PM CDT
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $67.92 to a high of $69.93. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $68.50 on volume of 398,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
IBKC: 68.87 (+0.48)
Jones Resigns From Board Of Directors
PR Newswire - Thu Aug 11, 10:52AM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), recently announced the election of Dr. Eli Jones to the IBERIABANK Corporation Board of Directors and the IBERIABANK Board of Directors. However, as a current independent trustee of Invesco's open and closed-end funds, it was subsequently determined that membership on the IBERIABANK boards may present a conflict with the independence requirements under the Investment Company Act of 1940. Effective August 8, 2016, Dr. Jones resigned from the IBERIABANK boards of directors.
IBKC: 68.87 (+0.48)
Upgrade Alert for Iberiabank (IBKC)
Comtex SmarTrend(R) - Tue Aug 09, 4:04AM CDT
Iberiabank (NASDAQ:IBKC) was upgraded from Market Perform to Outperform at Fig Partners today. The stock closed yesterday at $64.26 on volume of 250,000 shares, below average daily volume of 314,000. IBERIABANK Corporation is the holding company for IBERIABANK, a commercial bank conducting business from a network of offices located throughout Louisiana. The Bank attracts deposits from the general public and uses those funds to originate consumer and commercial loans. IBERIABANK also offers discount brokerage services through a wholly owned subsidiary.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports Second Quarter Results
PR Newswire - Wed Jul 27, 5:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), reported financial results for the second quarter ended June 30, 2016. For the quarter, the Company reported income available to common shareholders of $50.0 million, or $1.21 fully diluted earnings per common share ("EPS"
. On a non-GAAP basis, EPS excluding non-core revenues and non-core expenses ("Core EPS" in the second quarter of 2016 was $1.18 per common share (refer to press release supplemental tables for a reconciliation of GAAP to non-GAAP metrics). Both EPS and Core EPS in the second quarter of 2016 were within management's guidance range and exceeded consensus analyst expectations. IBKC: 68.87 (+0.48)
IBERIABANK Corporation Declares Cash Dividend on Common Stock
PR Newswire - Mon Jun 20, 4:35PM CDT
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.34 per common share. The dividend is payable on July 29, 2016, to shareholders of record as of June 30, 2016. This dividend level equates to an annualized dividend rate of $1.36 per share. Based on the closing common stock price on June 20, 2016, of $61.31 per common share, the indicated dividend yield on the Company's common stock was 2.22%.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Announces Proposed Schedule to Declare Preferred Dividends
PR Newswire - Mon May 16, 6:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 129-year-old IBERIABANK, today announced a planned declaration schedule of cash dividends payable on its preferred shares, subject to the discretion of the Board of Directors, in an effort to facilitate the investment community's understanding of the timing and impact of the preferred dividends on the Company's results of operations in 2016.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Announces Common Stock Repurchase Program
PR Newswire - Wed May 04, 3:30PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), announced today that the Board of Directors of the Company authorized the repurchase of up to 950,000 shares of the Company's outstanding common stock. This repurchase authorization equates to approximately 2.3% of total shares outstanding.
IBKC: 68.87 (+0.48)
IBERIABANK Announces Pricing of $50 Million Preferred Stock Offering
PR Newswire - Tue May 03, 6:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 129-year-old IBERIABANK, today announced it has priced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/400th interest in a share of 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share, with a liquidation preference of $10,000 per share of Series C preferred stock (equivalent to $25 per depositary share). IBERIABANK has granted the underwriters a 30-day option to purchase 300,000 additional depositary shares, solely to cover over-allotments, if any.
IBKC: 68.87 (+0.48)
Iberiabank tops Street 1Q forecasts
Automated Insights - Wed Apr 27, 5:39PM CDT
LAFAYETTE, La. (AP) _ Iberiabank Corp. (IBKC) on Wednesday reported first-quarter profit of $42.8 million.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports First Quarter Results
PR Newswire - Wed Apr 27, 4:45PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 129-year-old IBERIABANK (www.iberiabank.com), reported operating results for the first quarter ended March 31, 2016. For the quarter, the Company reported income available to common shareholders of $40.2 million, or $0.97 fully diluted earnings per common share ("EPS"
. In the first quarter of 2016, the Company incurred non-operating expenses net of non-operating revenue and income taxes equal to $1.6 million, or $0.04 per common share. Excluding non-operating items, operating EPS in the first quarter of 2016 was $1.01 per common share on a non-GAAP operating basis (refer to press release supplemental table). The $1.01 operating EPS results in the first quarter of 2016 were within management's guidance range and exceeded consensus analyst expectations. IBKC: 68.87 (+0.48)
Iberiabank Rises 3.34% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Mar 31, 3:24PM CDT
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $49.52 to a high of $51.96. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $51.42 on volume of 273,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation to Announce First Quarter Results
PR Newswire - Tue Mar 29, 12:00PM CDT
IBERIABANK Corporation (NASDAQ: IBKC), the parent holding company of IBERIABANK (www.iberiabank.com), announced today that it will release first quarter 2016 results after the close of business on Wednesday, April 27, 2016, and follow with a conference call the next morning.
IBKC: 68.87 (+0.48)
IBERIABANK reports net income of USD44m in Q4 2015
M2 - Thu Feb 04, 6:59AM CST
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 128-year-old IBERIABANK, has reported fourth quarter 2015 income available to common shareholders of USD44.4 million, or USD1.08 fully diluted earnings per common share, the company said. In the fourth quarter of 2015, the company incurred non-operating expenses net of non-operating revenue and income taxes equal to USD1.0 million, or USD0.03 per common share. Excluding non-operating items, operating EPS in the fourth quarter of 2015 was USD1.11 per common share on a non-GAAP operating basis. Highlights for the fourth quarter and full year 2015: Energy-related loans declined USD39 million, or five percent, between September 30, 2015 and December 31, 2015, and equated to 4.8 percent of total loans at December 31, 2015. At December 31, 2015, USD8.4 million in energy loans were on non-accrual status (1.2 percent of total energy loans). The company had approximately USD27 million in aggregate reserves for energy-related loans and unfunded commitments, an increase of USD8 million, or 41 percent, since September 30, 2015. At year-end, energy-related reserves equated to 3.9 percent of energy loans outstanding. The company's net interest margin increased 14 basis points on a linked quarter basis to 3.64 percent, which was well above management's expectations. The company's cash margin improved seven basis points on a linked quarter basis. On a linked quarter basis, the company's operating revenues increased USD3.1 million, or 1 percent, while its operating expenses decreased USD6.4 million, or 5 percent. The tangible efficiency ratio improved from 64.8 percent to 61.1 percent on a linked quarter basis. During 2015, the company closed or consolidated 11 bank branches, acquired 36 branches, and opened five branches. An additional 19 branches are scheduled to be closed or consolidated in the first quarter of 2016, resulting in projected annual net run-rate savings of at least USD1 million per quarter starting in the second quarter of 2016. The company incurred USD3.4 million in pre-tax non-operating expenses in the fourth quarter of 2015 associated with branch closures. An additional USD2.7 million in pre-tax non-operating expenses is estimated to be incurred in the first quarter of 2016. The estimated pay-back period associated with the branch closures and consolidations in 2016 is approximately two years. Total deposits decreased USD124 million, or less than one percent, between quarter-ends, and decreased USD77 million, or less than one percent, on an average balance basis. On a linked quarter basis, average loan volume increased USD170 million, or one percent, and the associated yield increased eight basis points. Over that period, average legacy loans increased USD377 million, or four percent, with an increase in yield of two basis points, and acquired loans decreased USD208 million, or six percent, and the yield increased 38 basis points due to pool closings, ongoing recoveries, and other factors. All other average earning assets, including investment securities, mortgage loans held for sale, and interest-bearing deposits in other institutions, decreased a total of USD193 million, or five percent. On a linked quarter basis, average earning assets decreased USD24 million, or less than 1 percent, and the average earning asset yield increased 13 basis points. Average interest-bearing liabilities decreased USD295 million, or two percent, and the cost of interest-bearing liabilities decreased one basis point. As a result, the net interest spread and margin each increased 14 basis points. On a linked quarter basis, tax-equivalent net interest income increased USD6.0 million, or four percent, primarily due to the net interest margin improvement. In the fourth quarter of 2015, non-interest income decreased USD5.0 million, or nine percent, compared to the third quarter of 2015. Non-operating non-interest income totaled USD0.2 million in the fourth quarter of 2015. Operating non-interest income decreased USD2.9 million, or five percent, on a linked quarter basis. The primary changes in operating non-interest income due to seasonal influences on a linked quarter basis included: Assets under management at IBERIA Wealth Advisors were USD1.4 billion at December 31, 2015, up one percent compared to September 30, 2015. Revenues for IWA were unchanged on a linked quarter basis, and were up 11 percent compared to the fourth quarter of 2014. IBERIA Financial Services revenues increased 4 percent on a linked quarter basis, and were up 45 percent compared to the fourth quarter of 2014. IBERIA Capital Partners revenues increased 24 percent on a linked quarter basis, and were down 49 percent compared to the fourth quarter of 2014. IBERIABANK Corporation is a financial holding company with 319 combined offices, including 219 bank branch offices and three loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, and Georgia.
IBKC: 68.87 (+0.48)
Iberiabank beats 4Q profit forecasts
Automated Insights - Wed Jan 27, 5:57PM CST
LAFAYETTE, La. (AP) _ Iberiabank Corp. (IBKC) on Wednesday reported fourth-quarter earnings of $44.4 million.
IBKC: 68.87 (+0.48)
IBERIABANK Corporation Reports Record Operating Results
PR Newswire - Wed Jan 27, 5:39PM CST
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 128-year-old IBERIABANK (www.iberiabank.com), reported operating results for the fourth quarter ended December 31, 2015. For the quarter, the Company reported income available to common shareholders of $44.4 million, or $1.08 fully diluted earnings per common share ("EPS"
. In the fourth quarter of 2015, the Company incurred non-operating expenses net of non-operating revenue and income taxes equal to $1.0 million, or $0.03 per common share. Excluding non-operating items, operating EPS in the fourth quarter of 2015 was $1.11 per common share on a non-GAAP operating basis (refer to press release supplemental table.) The $1.11 operating EPS results in the fourth quarter of 2015 were within management's guidance range, equated to a 4% improvement on a linked quarter basis, and was a record level of quarterly operating EPS for the Company. IBKC: 68.87 (+0.48)
SmarTrend Watching for Potential Rebound in Shares of Iberiabank After 6.99% Loss
Comtex SmarTrend(R) - Mon Jan 25, 5:45PM CST
Iberiabank (NASDAQ:IBKC) traded in a range yesterday that spanned from a low of $42.20 to a high of $46.11. Yesterday, the shares fell 7.0%, which took the trading range below the 3-day low of $43.82 on volume of 374,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
IBKC: 68.87 (+0.48)
Shares of IBKC Down 18.9% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Jan 25, 3:57PM CST
SmarTrend identified a Downtrend for Iberiabank (NASDAQ:IBKC) on January 4th, 2016 at $53.95. In approximately 3 weeks, Iberiabank has returned 18.85% as of today's recent price of $43.78.
IBKC: 68.87 (+0.48)
IBERIABANK declares preferred stock dividend
M2 - Thu Jan 07, 5:10AM CST
Board of directors of IBERIABANK Corporation (NASDAQ: IBKC) declared a semi-annual cash dividend on the outstanding shares of its 6.625 percent fixed-to-floating non-cumulative perpetual preferred stock, Series B, par value USD1.00 per share, the company said. The declared cash dividend on the Series B Preferred Stock is for the time period between the initial issuance of the depositary shares on August 5, 2015, up to, but excluding, the first dividend payment date of February 1, 2016. The cash dividend is payable on February 1, 2016, to shareholders of record as of the close of business on January 15, 2016. IBERIABANK Corporation is a financial holding company based in Lafayette, Louisiana with locations in 10 states.
IBKC: 68.87 (+0.48)
IBERIABANK announces preferred stock half yearly dividend of USD322.05 per share
M2 - Tue Jan 05, 4:02AM CST
IBERIABANK Corporation (NASDAQ:IBKC) reported on Monday that its board of directors authorised a semi-annual cash dividend of USD322.05 per share on the outstanding shares of the company's 6.625% fixed-to-floating non-cumulative perpetual preferred stock, series B (Nasdaq GS Market:IBKCP) of par value USD1.00 per share or equal to about USD0.805 per depositary share.
IBKC: 68.87 (+0.48)
