Top-News

Solarboom 2024: 5 Gründe die für diese Aktie sprechen…(Anzeige)

Ein Arzt berät einen Patienten (Symbolbild).

Mittwoch, 27.04.2016 23:10 von PR Newswire | Aufrufe: 84

Talmer Bancorp, Inc. reports first quarter 2016 net income of $19.7 million, representing $0.28 of earnings per diluted average common share

Ein Arzt berät einen Patienten (Symbolbild). © TommL / Vetta / Getty Images https://www.gettyimages.de/

PR Newswire

TROY, Mich., April 27, 2016

TROY, Mich., April 27, 2016 /PRNewswire/ -- Talmer Bancorp, Inc. (NASDAQ: TLMR) ("Talmer") today reported first quarter 2016 net income of $19.7 million, compared to $13.1 million for the fourth quarter of 2015 and $9.4 million for the first quarter of 2015. Earnings per diluted common share were $0.28 for the first quarter of 2016, compared to $0.19 for the fourth quarter of 2015 and $0.12 for the first quarter of 2015. Core earnings per diluted average share, a non-GAAP financial measurement, was $0.31 per diluted average common share for the first quarter of 2016, compared to $0.38 and $0.20 per diluted average common share for the fourth quarter of 2015 and the first quarter of 2015, respectively. In addition, on April 27, 2016, the Board of Directors of Talmer declared a quarterly cash dividend on its Class A common stock of $0.05 per share. The dividend will be paid on May 25, 2016, to our Class A common shareholders of record as of May 11, 2016. Please see the section entitled "Reconciliation of Non-GAAP Financial Measures", for a discussion on the limitations of our core earnings per average diluted share and a reconciliation of this non-GAAP financial measure to the most comparable GAAP measure.

Quarterly Results Summary

(Dollars in thousands, except per share data)

1st Qtr 2016

4th Qtr 2015

1st Qtr 2015

Earnings Summary

ARIVA.DE Börsen-Geflüster

Kurse

Chemical Financial

0,00%

Talmer Bancorp

0,00%

Net interest income

56,098

58,378

51,032

Total provision (benefit) for loan losses

(1,111)

(4,583)

1,993

Noninterest income

13,624

23,575

21,430

Noninterest expense

48,270

68,602

56,595

Income before income taxes

22,563

17,934

13,874

Income tax provision

2,880

4,821

4,441

Net income

19,683

13,113

9,433

Per Share Data

Diluted earnings per common share

0.28

0.19

0.12

Core earnings per common share (1)

0.31

0.38

0.20

Tangible book value per share (1)

10.97

10.72

10.37

Average diluted common shares (in thousands)

69,706

69,973

75,103

Performance and Capital Ratios

Return on average assets (annualized)

1.19

0.80

0.62

Return on average equity (annualized)

10.69

7.25

4.97

Net interest margin (fully taxable equivalent) (2)

3.73

3.89

3.80

Core efficiency ratio (1)

59.46

59.51

68.61

Tangible average equity to tangible average assets (1)

10.88

10.79

12.31

Common equity tier 1 capital (3)

12.15

11.99

13.87

Tier 1 leverage ratio (3)

10.30

10.21

11.65

Tier 1 risk-based capital (3)

12.15

11.99

13.87

Total risk-based capital (3)

13.13

13.00

14.97

Mehr Nachrichten zur Chemical Financial Aktie kostenlos abonnieren

E-Mail-Adresse

Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.