Oct 26 (Reuters) - State Bank Financial Corp :State Bank Financial Corporation reports third quarter 2017 financial results.Q3 earnings per share $0.37.Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.State Bank Financial Corp - qtrly net interest income $44.3 million versus $38.1 mln.
State Bank Financial Corp : State Bank Financial Corporation and S Bankshares Inc announce definitive merger agreement . Cash and stock transaction with a purchase price of approximately $11 million on a fully diluted basis, or $56.70 per share . Transaction is expected to be 2% accretive to 2017 earnings per share . Deal expected to be approximately 0.3% dilutive to tangible book value per share with an earn-back period of less than two years . Transaction structure provides for shareholders of S Bankshares to elect between cash and stock . Merger agreement has been approved by boards of directors of both companies and is anticipated to close in q3 of 2016 .S Bankshares will merge into state bank financial, immediately followed by merger of S bank into state bank and trust.