July 28, 2016 2:40 AM ET

Banks

Company Overview of State Bank Financial Corporation

Company Overview

State Bank Financial Corporation operates as the bank holding company for State Bank and Trust Company that provides 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 mortgage loans, home equity l...

3399 Peachtree Road, NE

Suite 1900

Atlanta, GA 30326

United States

Founded in 2005

Phone:

404-475-6599

Key Executives for State Bank Financial Corporation

Chairman, Chief Executive Officer, Chairman of Executive Committee and Chairman of State Bank & Trust Company
Age: 66
Total Annual Compensation: $500.0K
Vice Chairman, President, Principal Operating Officer, Member of Executive Committee, Vice Chairman of State Bank & Trust Company, Chief Executive Officer of State Bank & Trust Company, President of State Bank & Trust Company and Principal Operating Officer of State Bank & Trust Company
Age: 63
Total Annual Compensation: $450.0K
Chief Financial Officer, Executive Vice President, Secretary, Chief Financial Officer of State Bank & Trust Company, Executive Vice President of State Bank & Trust Company and Secretary of State Bank & Trust Company
Age: 58
Total Annual Compensation: $250.0K
Executive Vice President and President of State Bank & Trust Company
Age: 55
Total Annual Compensation: $336.0K
Vice Chairman, Executive Risk Officer, Vice Chairman of State Bank & Trust Company and Executive Risk Officer of State Bank & Trust Company
Age: 57
Total Annual Compensation: $360.0K
Compensation as of Fiscal Year 2015.

State Bank Financial Corporation Key Developments

State Bank Financial Corporation Declares Quarterly Cash Dividend, Payable on June 14, 2016

The Board of Directors of State Bank Financial Corporation declared a quarterly dividend of $0.14 per common share. The dividend will be paid on June 14, 2016 to the common stock shareholders of record as of June 6, 2016.

State Bank Financial Corporation Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2016; reports

State Bank Financial Corporation announced unaudited consolidated financial results for the first quarter ended March 31, 2016. Net income for the first quarter of 2016 was $10.8 million, compared to $9.2 million in the first quarter of 2015 and $12.1 million in the fourth quarter of 2015. Fully diluted earnings per share were $0.29 in the first quarter of 2016 compared to $0.26 in the first quarter of 2015 and $0.33 in the fourth quarter of 2015. Net interest income of $36.6 million in the first quarter of 2016 decreased $39.1 million in the first quarter of 2015 primarily due to lower accretion income on loans. Tangible book value per share was $13.49 at the end of the first quarter of 2016. Operating income before taxes was $17,439,000 compared to $2,198,000 a year ago. Operating income was $10,838,000 compared to $1,326,000 a year ago. Book value per share was $14.73 compared to negative $0.08 a year ago. Tangible book value per share was $13.49 compared to negative $0.21 a year ago. Return on average assets was 1.25% compared to 0.13% a year ago. Return on average equity was 8.04% compared to 0.93% a year ago. Income before income taxes was $17,272,000 compared to $2,658,000 a year ago.

State Bank Financial Corporation Presents at 2016 Gulf South Bank Conference, May-02-2016

State Bank Financial Corporation Presents at 2016 Gulf South Bank Conference, May-02-2016 . Venue: The Ritz Carlton New Orleans, 921 Canal Street, New Orleans, LA 70112, United States.

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