Loan portfolio grew sequentially at an annualized rate of 16%;
Record new loans of $442 million during the quarter; up 75% and 46% sequentially and year over year, respectively;
Legacy credit expense declined 32% and 67% on a sequential and year-over-year basis;
Efficiency and core efficiency ratio declined to 70.5% and 69.3%, respectively;
ROA and core ROA increased to 76 and 80 basis points, respectively; and
Tangible book value per share increased to $18.85.
CORAL GABLES, Fla., July 24, 2014 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp.
for Capital Bank Financial Corp. Reports Second Quarter Net Income of $12.4 Million or $0.25 Per Diluted Share, Up 47% Year Over Year investment picks