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Iberiabank: 4Q Earnings Snapshot

LAFAYETTE, La. (AP) _ Iberiabank Corp. (IBKC) on Friday reported fourth-quarter profit of $130 million.

The bank, based in Lafayette, Louisiana, said it had earnings of $2.32 per share. Earnings, adjusted for non-recurring gains, were $1.86 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The financial holding company posted revenue of $331.2 million in the period. Its revenue net of interest expense was $266 million, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $308.2 million.

For the year, the company reported profit of $370.2 million, or $6.46 per share. Revenue was reported as $1.17 billion.

Iberiabank shares have increased 13 percent since the beginning of the year. The stock has fallen 13 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IBKC at https://www.zacks.com/ap/IBKC