LAFAYETTE, LA (AP) — Lafayette-based IberiaBank Corp. said its third-quarter earnings climbed to $29.7 million, or 89 cents per diluted share, compared to $23.2 million, or 78 cents per share, during the same period in 2013.
The holding company for IberiaBank said Wednesday the results included non-operating costs of 11 cents per share. Without those costs, IberiaBank would have generated a profit of $1 per share.
The Advocate reports IberiaBank had projected operating earnings per share to end 2014 in the range of $3.65 to $3.70 per share. In a statement IberiaBank President and Chief Executive Officer Daryl G. Byrd said he expects the bank will finish the year "on the upper end" of the guidance range.
