Edition:
United States

Capital Bank Financial Corp (CBF.OQ)

CBF.OQ on NASDAQ Stock Exchange Global Select Market

40.00USD
24 Nov 2017
Change (% chg)

$-0.35 (-0.87%)
Prev Close
$40.35
Open
$40.45
Day's High
$40.45
Day's Low
$40.00
Volume
110,878
Avg. Vol
107,723
52-wk High
$44.97
52-wk Low
$35.25

Latest Key Developments (Source: Significant Developments)

First Horizon and Capital Bank agree to sell 2 branches to Apex Bank
Friday, 17 Nov 2017 04:30pm EST 

Nov 17 (Reuters) - First Horizon National Corp : :First Horizon and Capital Bank agree to sell 2 branches to Apex Bank.  Full Article

Capital Bank Financial reports Q3 GAAP earnings per share $0.48
Thursday, 19 Oct 2017 04:05pm EDT 

Oct 20 (Reuters) - Capital Bank Financial Corp :Capital Bank Financial Corp reports third quarter gaap eps of $0.48 and core eps of $0.50.Q3 core earnings per share $0.50.Q3 GAAP earnings per share $0.48.Capital Bank Financial Corp - qtrly ‍net interest income increased $23.3 million to $85.9 million from $62.6 million for Q3 of 2016​.  Full Article

Capital Bank Financial reports Q2 GAAP earnings per share $0.45
Thursday, 20 Jul 2017 04:30pm EDT 

July 20 (Reuters) - Capital Bank Financial Corp :Capital Bank Financial Corp. reports second quarter GAAP EPS of $0.45 and core eps of $0.50.Q2 core earnings per share $0.50.Q2 GAAP earnings per share $0.45.Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Qtrly net interest income increased $23.7 million to $85.2 million from from $61.5 million.  Full Article

First horizon to buy Capital Bank in deal valued at $2.2 bln
Thursday, 4 May 2017 07:00am EDT 

May 4 (Reuters) - First Horizon National Corp :First horizon and capital bank merger to create fourth largest regional bank in southeast.First horizon, which has $30 billion in assets, will acquire capital bank, which has $10 billion in assets.First horizon national corp - combined organization will have $40 billion in assets, $32 billion in deposits, $27 billion in loans.Total transaction value, at yesterday's first horizon closing stock price, is $2.2 billion.First horizon - each holder of capital bank common stock will be entitled to receive cash or stock with value equivalent to 1.750 first horizon shares & $7.90 in cash for each share.First horizon national corp - in aggregate, capital bank shareholders will receive a mix of approximately 80 percent stock and 20 percent cash.Agreement calls for two members of capital bank's board of directors to join first horizon board.Gene taylor, capital bank chairman and ceo, who will become vice chairman of first horizon.First horizon national- after closing, capital bank shareholders collectively will own approximately 29 percent of first horizon's common shares.First horizon national corp - merger agreement has been approved by boards of both companies.In aggregate, capital bank shareholders will receive a mix of approximately 80 percent stock and 20 percent cash.First horizon national corp - barclays capital inc. And morgan stanley & co. Llc served as financial advisors to first horizon.  Full Article

Capital Bank Financial reports Q1 GAAP earnings per share $0.39
Friday, 21 Apr 2017 06:30am EDT 

April 21 (Reuters) - Capital Bank Financial Corp :Reports first quarter GAAP and core EPS of $0.39 and $0.45.Q1 core earnings per share $0.45.Q1 GAAP earnings per share $0.39.Q1 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Qtrly net interest income increased $4.3 million to $82.1 million from $77.8 million for Q4 of 2016.  Full Article

Capital Bank Financial considers a sale after approach - Bloomberg, citing sources
Wednesday, 15 Mar 2017 09:26am EDT 

:Capital Bank Financial considers a sale after approach - Bloomberg, citing sources.  Full Article

Capital Bank Financial Corp posts Q4 earnings $0.24/shr
Thursday, 26 Jan 2017 06:30am EST 

Capital Bank Financial Corp : Capital Bank Financial Corp reports 4Q GAAP and core EPS of $0.24 and $0.44 . Q4 core earnings per share $0.44 . Q4 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Q4 GAAP earnings per share $0.24 . Qtrly net interest income increased $15.2 million to $77.8 million from $62.6 million for Q3 of 2016 .Net interest margin for Q4 of 2016 was 3.67 pct, an increase of nine basis points sequentially.  Full Article

Capital Bank Financial Q2 EPS $0.40
Thursday, 21 Jul 2016 06:30am EDT 

Capital Bank Financial Corp : Capital Bank Financial Corp. reports Q2 eps of $0.40, up 43% year over year, and core EPS of $0.42, up 40% year over year . Q2 core earnings per share $0.42 . Q2 earnings per share $0.40 . Q2 earnings per share view $0.38 -- Thomson Reuters I/B/E/S .Qtrly net interest income increased $0.1 million to $61.5 million from $61.4 million for q1 of 2016.  Full Article

U.S. Fed approves bid by First Horizon to buy Capital Bank

WASHINGTON The Federal Reserve announced on Monday it had approved a bid by First Horizon National Corporation to acquire Capital Bank Financial Corp of Charlotte, as the regional bank looks to expand its presence in the U.S. southeast.