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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.