Fidelity Southern Profit Falls, Yet Tops Estimate - Quick Facts

(RTTNews) - Fidelity Southern Corp (LION), the holding company for Fidelity Bank, Thursday reported second-quarter net earnings of $8 million or $0.34 per share, down from $9.4 million or $0.46 per share a year ago. Analysts polled by Thomson Reuters expected earnings of $0.25 per share.

Net interest income for the quarter climbed to $23.4 million from $20.1 million last year, topping analysts' expectations of $20.86 million.

Net interest margin improved to 3.92% from 3.42% a year ago.

Non interest income was $23.3 million, compared with $28.2 million in the prior year.

Non interest expense climbed to $33.7 million from $33.1 million last year.