logo
Share SHARE
FONT-SIZE Plus   Neg

Fidelity Southern Q1 Profit Rises

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Even after two years of thoroughly searching across the Indian Ocean, using modern technologies and devices, there is no clue about the Malaysian airline that vanished on March 8, 2014. Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform.
comments powered by Disqus
Follow RTT