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Stock impact report

FCB Financial Holdings, Inc. Reports Record Third Quarter 2018 Financial Results

FCB FINANCIAL HOLDINGS INC (FCB) 
Last fcb financial holdings inc earnings: 10/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.floridacommunitybank.com
Company Research Source: Business Wire
WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE:FCB) (the "Company") today reported third quarter 2018 net income of $43.5 million, or $0.89 per share on a fully diluted basis, and adjusted net income of $47.3 million, or $0.97 per share on a fully diluted basis. Net income rose 35% year-over-year and pre-tax income increased by 23% to $56.9 million. Adjusted net income rose 38% year-over-year and adjusted net income per diluted share rose 31%. This resulted in a ROA of 142 basis points and an adjusted ROA of 155 basis points. Fully tax equivalent net revenue of $102.6 million; Reported and Adjusted EPS of $0.89 and $0.97 per share, respectively, on a fully diluted basis; New loan portfolio grew sequentially at an annualized rate of 20%; New loan fundings of $491.0 million during the quarter; Deposits grew sequentially a Show less Read more
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