Fidelity Southern Corporation Reports Earnings for Fourth Quarter of $9.9 Million
Lionheart III Corp (LION)
Last lionheart iii corp earnings: 4/18 12:23 pm
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US:NASDAQ Investor Relations:
lionbank.com/southern
Company Research
Source: PR Newswire
ATLANTA, Jan. 17, 2019 /PRNewswire/ -- Fidelity Southern Corporation ("Fidelity" or the "Company") (NASDAQ: LION), holding company for Fidelity Bank (the "Bank"), today reported net income of $9.9 million, or $0.36 per diluted share, for the fourth quarter of 2018, compared with $12.7 million, or $0.47 per diluted share, for the third quarter of 2018, and with $12.4 million or $0.46 per diluted share for the fourth quarter of 2017. For the year to date ended December 31, 2018, the Company reported net income of $43.8 million, or $1.61 per diluted share, compared with $39.8 million, or $1.49 per diluted share, for the same period in 2017.Fidelity's Chairman, Jim Miller, and President Palmer Proctor noted, "Our team is doing a great job of implementing our balance sheet transformation that contributed to our net interest margin expansion during a period where many in the industry are experiencing the opposite. We are working diligently to ensure our announced merger with Ameris Bancorp
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