State Bank Financial Corporation operates as the bank holding company for State Bank and Trust Company, and First Bank of Georgia that provide various community banking services to individuals and businesses. The company offers a range of deposit products and services, including checking accounts, commercial operating accounts, savings and money market accounts, and short-term to longer-term certificates of deposits, as well as time deposit products and retirement account services. It also provides loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mor...
3399 Peachtree Road, NE
Atlanta, GA 30326
Founded in 2005
State Bank Financial Corporation Declares Quarterly Dividend, Payable on December 22, 2015
Nov 18 15
On November 18, 2015, the board of directors of State Bank Financial Corporation declared a quarterly dividend of $0.14 per common share to be paid on December 22, 2015 to the common stock shareholders of record as of December 14, 2015.
State Bank Financial Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Announces Net Charge Off for the Third Quarter of 2015
Oct 22 15
State Bank Financial Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net interest income of $37,447,000 against $37,960,000 a year ago. Net interest income after provision for loan losses and lease losses was $37,712,000 against $37,544,000 a year ago. Net income was $9,119,000 or $0.25 per diluted share compared to $11,504,000 or $0.35 per diluted share a year ago. Tangible book value per share as on September 30, 2015 was $13.78 against $13.83 as on September 30, 2014. Book value per share as on September 30, 2015 was $14.88 compared to $14.20 as on September 30, 2014. Return on average assets was 1.08% compared to 1.75% a year ago. Return on average equity was 6.83% compared to 10.17% a year ago. Income before income taxes was $14,190,000 compared to $11,504,000 for the last year.
For the nine months, the company reported net interest income of $110,034,000 against $113,456,000 a year ago. Net interest income after provision for loan losses and lease losses was $107,042,000 against $111,749,000 a year ago. Income before income taxes was $25,157,000 compared to $36,745,000 a year ago. Net income was $16,302,000 or $0.45 per diluted share compared to $23,333,000 or $0.70 per diluted share a year ago.
The company announced net charge-offs on allowance for loan and lease losses organic loans of $32,000 and net charge-offs on allowance for loan and lease losses on purchased loans of $342,000.
State Bank Financial Corporation to Report Q3, 2015 Results on Oct 22, 2015
Oct 9 15
State Bank Financial Corporation announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on Oct 22, 2015