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 March 15, 2016
Feb 11 16
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 March 15, 2016, to the common stock shareholders of record as of March 7, 2016.
State Bank Financial Corporation Reports Unaudited Consolidated Earnings Results for the fourth Quarter and full year Ended December 31, 2015; Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2015
Jan 27 16
State Bank Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported total interest income of $42,774,000 against $34,552,000 a year ago. Net interest income was $40,780,000 against $32,629,000 a year ago. Operating income before taxes was $18,852,000 against $14,378,000 a year ago. Operating income was $12,121,000 against $8,689,000 a year ago. Net income available to common shareholders was $12,121,000 against $7,585,000 a year ago. Basic and diluted earnings per share were $0.33 against $0.23 per share diluted a year ago. Diluted operating income per share was $0.33 against $0.26 a year ago. Book value per share was $14.47 against $14.38 a year ago. Tangible book value per share was $13.22 against $13.97 a year ago. Operating return on average assets was 1.39% against 1.21% a year ago. Operating return on average equity was 8.99% against 7.48% a year ago. Return on average assets was 1.39% against 1.05% a year ago. Return on average equity was 8.99% against 6.53% a year ago. Higher accretion income, due in part to gains on loan pools that closed and recovery income, drove the increase in operating income.
For the year, the company reported net interest income of $150,677,000 against $146,001,000 a year ago. Net interest income after provision for loan and lease losses was $147,191,000 against $143,105,000 a year ago. Income before income taxes was $43,872,000 against $49,239,000 a year ago. Net income was $28,423,000 against $30,918,000 a year ago. Diluted net income per share was $0.77 against $0.93 a year ago.
Net charge-offs were $447,000 for the fourth quarter ended December 31, 2015.
State Bank Financial Corporation Presents at FIG Partners 7th Annual West Coast CEO Forum, Feb-03-2016
Jan 12 16
State Bank Financial Corporation Presents at FIG Partners 7th Annual West Coast CEO Forum, Feb-03-2016 . Venue: Millennium Biltmore Hotel, Los Angeles, California, United States.