30.01.2015 22:44:39
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Talmer Bancorp Profit Misses Estimate
(RTTNews) - Talmer Bancorp Inc (TLMR) on Friday reported fourth-quarter net earnings of $12.5 million or $0.16 per share compared with $12.6 million or $0.18 per share last year.
Analysts polled by Thomson Reuters estimated earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income for the quarter rose to $51.5 million from $39.3 million a year ago, while non interest income slid to $15.8 milllion from $23.6 million.
Analysts estimated revenues of $70.6 million for the quarter.
The company's provision for loan losses for the quarter fell to $3 million from $3.3 million last year.
Talmer has declared a cash dividend on its Class A common stock of $0.01 per share.
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