ATLANTA (AP) _ State Bank Financial Corp. (STBZ) on Monday reported third-quarter profit of $18 million.
The Atlanta-based bank said it had earnings of 46 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 60 cents per share.
The holding company for State Bank & Trust Co. posted revenue of $76.4 million in the period. Its revenue net of interest expense was $68.3 million, which missed Street forecasts.
State Bank Financial shares have declined 15 percent since the beginning of the year. The stock has declined 13 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STBZ at https://www.zacks.com/ap/STBZ