Hancock Holding (HBHC) Reports In-Line Q3 EPS
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Hancock Reports Third Quarter 2015 Financial Results
October 22, 2015 5:00 PM EDTHighlights of the companys third quarter of 2015 results (compared to second quarter 2015):
Earnings increased $6.3 million, or 18%E.P.S. of $.52 increased 18% Pre-tax, pre-provision earnings grew 22%Provision reflects additional $5 million build for energy portfolio with reserve exceeding 2% Loans increased $418 million, or 12% (annualized)Deposits increased $138 million, or 3% (annualized)Core revenue increased $6.2 millionCore NIM of 3.15% increased 1 basis point; core loan yield expanded 4 basis points Operating expense up less... More