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IBERIABANK Corp (IBKC.OQ)

IBKC.OQ on NASDAQ Stock Exchange Global Select Market

77.25USD
18 Apr 2018
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Latest Key Developments (Source: Significant Developments)

IBERIABANK Corp Raises Cash Dividend On Common Stock By 3 Pct
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Iberiabank Corp ::IBERIABANK CORPORATION INCREASES CASH DIVIDEND ON COMMON STOCK BY 3%.IBERIABANK - ANNOUNCED DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.38/SHARE.  Full Article

Iberiabank Corp Provides 2018 Financial Guidance
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - Iberiabank Corp ::IBERIABANK CORPORATION PROVIDES 2018 FINANCIAL GUIDANCE.IBERIABANK CORP - SEES FY 2018 NET INTEREST MARGIN 3.55% - 3.63%.IBERIABANK CORP - SEES FY 2018 CONSOLIDATED LOAN GROWTH 15% - 17%.IBERIABANK CORP SEES FY 2018 NON-INTEREST INCOME ON CORE BASIS TO BE $210 MILLION TO $220 MILLION.  Full Article

Iberiabank Corp announces agreement to acquire Gibraltar Private Bank & Trust Co
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Iberiabank Corp ::Iberiabank Corporation announces agreement to acquire Gibraltar Private Bank & Trust Co.Iberiabank Corp - ‍each share of Gibraltar common stock, including restricted stock awards will be exchanged for 1.9749 shares of IBKC common stock​.Iberiabank Corp - ‍gibraltar shareholders will receive IBKC shares valued at approximately $158.29 per Gibraltar common share​.Iberiabank Corp - ‍IBKC expects to issue approximately 2.79 million shares of IBKC common stock in transaction, valuing transaction at $223 million for equity​.Iberiabank Corp - ‍deal will be accretive to EPS in first full year​.Iberiabank Corp - ‍transaction is expected to be less than 1pct dilutive to tangible book value per share on a pro forma basis at deal closing​.Iberiabank Corp - ‍tangible book value dilution from deal is anticipated to be earned back in approximately two years after deal closing​.Iberiabank Corp - ‍currently estimates annual pre-tax expense reductions for deal will be in excess of 60pct of Gibraltar's run-rate expenses in 2017​.Iberiabank Corp - ‍transaction is expected to be 2pct-3pct accretive to IBKC's fully diluted earnings per share in 2019 and 2020​.  Full Article

Iberiabank Q3 earnings per share $0.49
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Iberiabank Corp ::Iberiabank Corporation reports third quarter results.Q3 earnings per share $0.49.Q3 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.Iberiabank Corp - qtrly net interest income $216.9 million versus $163.4 mln‍​.Iberiabank Corp - qtrly nongaap core earnings per share diluted $1.00‍​.  Full Article

IBERIABANK provides updates on hurricanes Harvey and Irma, HUD lawsuit
Thursday, 5 Oct 2017 

Oct 4 (Reuters) - IBERIABANK Corp :IBERIABANK corporation provides updates on key topics: hurricanes harvey and irma, HUD lawsuit, energy portfolio, and Sabadell United Bank acquisition-related expense.IBERIABANK suffered minimal damage and incremental expense related to its physical infrastructure as a result of storms.IBERIABANK corp - IBERIABANK expects to accrue $8.5 million of incremental provision for credit losses tied to these two named storms during Q3 of 2017.Consolidated provision for credit losses in Q3 is expected to be $19 million.Net charge-offs for Q3 are not expected to exceed $29 million.IBERIABANK corp - has negotiated settlement amount of $11.7 million that counsel for us are recommending for approval by appropriate government decision makers.  Full Article

Iberiabank Corporation Q2 earnings per share $0.99
Friday, 21 Jul 2017 

July 20 (Reuters) - Iberiabank Corp :Iberiabank Corporation reports second quarter results.Q2 earnings per share $0.99.Q2 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.Acquisition of Sabadell United Bank remains on track as well.  Full Article

IBERIABANK Announces Pricing of $50 Million Preferred Stock Offering
Wednesday, 4 May 2016 

IBERIABANK:Priced an underwritten registered public offering of 2 mln depositary shares.Says each depositary share representing a 1/400th interest in a share of 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share, with a liquidation preference of $10,000 per share of Series C preferred stock.IBERIABANK expects to use the net proceeds from the offering for general corporate purposes.Keefe, Bruyette & Woods, A Stifel Company and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as joint book-running managers.Offering is expected to close on May 9, 2016, subject to customary closing conditions.  Full Article

BRIEF-Iberiabank Corp Says CEO's 2017 Compensation Was $7.7 Mln

* IBERIABANK CORP SAYS CEO DARYL G. BYRD'S 2017 TOTAL COMPENSATION WAS $7.7 MLN VS $4.4 MLN IN 2016 - SEC FILING‍​ Source text: [https://bit.ly/2GPX6Ic] Further company coverage: