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Taylor Capital Group Turns To Profit In Q2 - Quick Facts

Taylor Capital Group Inc. (TAYC) reported that its second-quarter net income applicable to common stockholders was $12.48 million, or $0.41 per share, compared to a loss of $3.86 million or $0.19 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.24 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter rose to $36.38 million from $32.24 million in the prior year quarter. Total non-interest income was $31.89 million, up from $6.39 million in year ago quarter. Revenue totaled $65.2 million for the second quarter of 2012.

by RTTNews Staff Writer

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