IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 133-year-old IBERIABANK (www.iberiabank.com), reports updated results related to the Small Business Association's Paycheck Protection Program (SBA PPP).
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend on the Company's outstanding shares of 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share (the "Series C Preferred Stock").
Shares of IBERIABANK (NASDAQ:IBKC) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 61.05% year over year to $0.67.Revenue of $294,998,000 lower by 2.64% year over year, which beat the estimate of $286,510,000.Guidance Earnings guidance hasn't been issued by the company for now.IBERIABANK hasn't issued any revenue guidance for the time being.View more earnings on IBKC Recent Stock Performance Company's 52-week high was at $81.86Company's 52-week low was at $25.65Price action over last quarter: down 52.90%Company Profile Iberiabank is a bank holding company that concentrates on commercial banking in the southeastern United States. In addition, the company provides other comprehensive financial services, including retail banking, private banking, and mortgages. The company's strategy emphasizes growth, organically and through acquisitions. The company also emphasizes efficient operations through expense reduction and revenue enhancement. Iberiabank, the company's bank subsidiary, has hundreds of locations. Most of its income is net interest income. Nearly half of its commercial loan portfolio is in real estate.See more from Benzinga * Recap: Murphy USA Q1 Earnings * Procter & Gamble: Q3 Earnings Insights * Recap: Intuitive Surgical Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
First Horizon National Corp and IBERIABANK Corp said on Monday they had agreed to merge to create one of the largest banks based in the southeast of the United States. The transaction, the second-largest U.S. bank merger this year by assets, received a positive response from both sets of shareholders: First Horizon and IBERIABANK stock ended 3.2% and 2.8% higher respectively on Monday. Structured as a merger of equals, albeit with legacy First Horizon shareholders controlling 56% of the new entity, the combined bank - called First Horizon - will have around $75 billion in assets and a presence in 11 southeastern U.S. states.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of IBERIABANK Corporation ("IBKC" or the "Company") (NASDAQ: IBKC) in connection with the proposed acquisition of the Company by First Horizon National Corp. ("FHN") (NYSE: FHN). Under the terms of the acquisition agreement, IBKC shareholders will receive 4.584 shares of FHN for each IBKC share they own, representing consideration of $77.19 based on FHN's November 4 closing price.
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.45 per common share. The dividend is payable on January 24, 2020 to shareholders of record as of December 31, 2019.
LAFAYETTE, La. , Sept. 23, 2019 /PRNewswire/ -- IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 132-year-old IBERIABANK ( www.iberiabank.com ), announced today that it will release third ...
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
First Horizon and IberiaBank were both rising Monday after the two banks said they had agreed to combine.
IBKC earnings call for the period ending June 30, 2019.
IBERIABANK Corporation (NASDAQ: IBKC) holding company of the 132-year-old IBERIABANK (www.iberiabank.com) announced today that it will release financial results for the fourth quarter of 2019 on Friday, January 24, 2020, before market opens. Given the pending merger with First Horizon National Corporation, IBERIABANK Corporation will not hold future earnings conference calls.
IBERIABANK Corporation (NASDAQ: IBKC) holding company of the 133-year-old IBERIABANK (www.iberiabank.com) announced today that it will release financial results for the first quarter of 2020 on Friday, April 17, 2020 before market opens. The company will not host a conference call.
IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 133-year-old IBERIABANK (www.iberiabank.com), received shareholder approval for the merger of equals between IBERIABANK Corporation and First Horizon National Corporation (NYSE: FHN). At a special meeting of shareholders held today, 95.67% of the shares voted were cast in favor of the all-stock merger of equals with First Horizon.
Iberiabank (IBKC) delivered earnings and revenue surprises of -49.62% and 4.42%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend on the outstanding shares of its 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share (the "Series C Preferred Stock").
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.47 per common share, an increase of approximately 4% compared to the common dividend paid on January 24, 2020. The dividend is payable on April 1, 2020, to shareholders of record as of March 13, 2020.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 133-year-old IBERIABANK (www.iberiabank.com), is pleased to report results related to the Small Business Association's Paycheck Protection Program (SBA PPP). In approximately two weeks, IBERIABANK provided support to a significant number of eligible clients that applied for funding through this program.
Iberiabank (IBKC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.