Fidelity Southern Corp. (LION) Thursday said its first-quarter profit surged to $5.3 million or $0.29 per share from $1.8 million or $0.08 per share in the prior-year quarter, helped mainly by revenues.
Net-interest income for the period increased to $19.65 million from $17.17 million last year. Net interest margin increased 4 basis points to 3.86 percent from 3.82 percent last year. Non-interest income increased to $17.7 million from $11.7 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.