Fidelity Bank, a subsidiary of Fidelity Southern Corp. (LION) posted first-quarter net income available to common shareholders of $5.7 million or $0.33 per share, compared to $4.5 million or $0.28 per share in the previous year quarter.
On average, three analysts polled by Thomson Reuters expected the company to earn $0.26 per share. Analysts' estimates typically exclude special items.
Net interest income for the quarter was $21.1 million, up from $19.7 million in the comparable quarter last year, while non-interest income rose to $25.0 million from $17.7 million last year.
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