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IBERIABANK Corp (IBKC.OQ)

IBKC.OQ on NASDAQ Stock Exchange Global Select Market

82.85USD
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

IBERIABANK Corporation Announces Acquisition Approvals
Thursday, 22 Feb 2018 04:05pm EST 

Feb 22 (Reuters) - Iberiabank Corp ::IBERIABANK CORPORATION ANNOUNCES ACQUISITION APPROVALS.IBERIABANK - REGARDING PENDING ACQUISITION WITH GIBRALTAR PRIVATE BANK & TRUST, CO RECEIVES ALL NECESSARY REGULATORY & GIBRALTAR SHAREHOLDER APPROVALS.  Full Article

Iberiabank Corp Provides 2018 Financial Guidance
Tuesday, 19 Dec 2017 04:40pm EST 

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
Thursday, 19 Oct 2017 08:57pm EDT 

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
Thursday, 19 Oct 2017 05:25pm EDT 

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 Corp- No Houston franchise branches were impacted by Hurricane Harvey
Thursday, 7 Sep 2017 09:01am EDT 

Sept 7 (Reuters) - Iberiabank Corp :Iberiabank -energy related loan balances have decreased by $9 million to $552 million at June 30th 2017 due to impact of Hurricane Harvey versus year end 2016 ‍​.Iberiabank Corp- no Houston franchise branches were impacted by Hurricane Harvey flooding; limited business interruption.  Full Article

Iberiabank Q1 earnings per share $1.00
Thursday, 27 Apr 2017 06:00pm EDT 

April 27 (Reuters) - Iberiabank Corp ::Iberiabank Corporation reports first quarter results.Q1 earnings per share $1.00.Iberiabank Corp qtrly non-gaap core earnings per common share $1.02.Iberiabank Corp - expects effective tax rate in remaining three quarters of 2017 to be approximately 33.5 pct.Iberiabank qtrly total revenues $220.2 million versus $214.9 million.Q1 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.Q1 revenue view $219.6 million -- Thomson Reuters I/B/E/S.  Full Article

Iberiabank announces common stock offering
Tuesday, 28 Feb 2017 05:57pm EST 

Iberiabank Corp : Iberiabank Corporation announces common stock offering .Iberiabank Corp says commenced an underwritten public offering of $500 million of company's common stock.  Full Article

Iberiabank announces agreement to buy Sabadell United Bank
Tuesday, 28 Feb 2017 05:53pm EST 

Iberiabank Corp : Iberiabank Corporation announces agreement to acquire Sabadell United Bank, N.A. . Iberiabank Corp - deal for a stock and cash transaction valued at $1.025 billion . Iberiabank Corp- deal accretive to EPS in 2018, 19%+ irr, and limited impact to tangible book value per share . Iberiabank Corp says upon completion of acquisition, Sabadell United will be merged with and into Iberiabank . Iberiabank Corp - IBKC will purchase Sabadell United for $803 million in cash and approximately 2.61 million IBKC shares . Says will purchase sabadell united for $803 million in cash and approximately 2.61 million IBKC shares . Iberiabank Corp - proposed acquisition of Sabadell United by IBKC has been approved by board of directors of IBKC and Banco Sabadell . Says IBKC plans to use $280 million net proceeds of December 2016 common equity sale to support acquisition . Iberiabank Corp - expects to finance cash portion of transaction, in part, through a public common stock offering of approximately $500 million . Banco Sabadell will own approximately 4.9 percent of IBKC common stock at transaction close . Iberiabank Corp - plans to use $280 million net proceeds of December 2016 common equity sale to support acquisition . Iberiabank Corp - Banco Sabadell will own approximately 4.9 percent of IBKC common stock at transaction close.  Full Article

Iberiabank Corp announces early termination of FDIC loss share agreements
Wednesday, 21 Dec 2016 04:05pm EST 

Iberiabank Corp : Iberiabank corp -Iberiabank entered agreement with FDIC on Dec 20, 2016, to terminate twelve loss share agreements with fdic ahead of contractual maturities .Press release - Iberiabank Corporation announces early termination of FDIC loss share agreements.  Full Article

IBERIABANK expects FY 2017 loan growth in mid to upper single digits - SEC filing
Thursday, 27 Oct 2016 03:26pm EDT 

IBERIABANK Corp : Currently expects consolidated loan growth for full year 2017 to be in mid to upper single digits - SEC filing .Expects tax-equivalent net interest margin for quarter ending Dec 31, 2016 to decrease five to six basis points from quarter ended Sept 30, 2016.  Full Article

BRIEF-Iberiabank Corp Announces Branch Closures And Consolidations

* IBERIABANK CORPORATION ANNOUNCES BRANCH CLOSURES AND CONSOLIDATIONS