IBERIABANK Corporation reported consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net interest income of $259,225,000 compared to $216,883,000 a year ago. Total revenues were $312,312,000 compared to $267,726,000 a year ago. Net income available to common shareholders was $97,866,000 compared to $26,046,000 a year ago. Diluted earnings per share available to common shareholders were $1.73 compared to $0.49 a year ago. Core earnings per share (Non-GAAP) were $1.74 against of $1.00 a year ago. Book value per share was $68.03 against of $66.74 a year ago. Tangible book value per share (Non-GAAP) was $44.72 against of $43.04 a year ago. Return on average assets was 1.34% against of 0.45% a year ago. Return on average common equity was 10.21% against of 2.92% a year ago. Core return on average tangible common equity (Non-GAAP) was 16.34% against of 8.95% a year ago. Core revenues were $312,311,000 compared to $267,968,000 a year ago. Core earnings per common share – diluted were $1.74 against of $1.00 a year ago. Core return on average common equity was 10.27% against of 5.99% a year ago. Core return on average assets was 1.35% against of 0.87% a year ago. Non-GAAP Core earnings pre-tax was $132,565,000. Non-GAAP Core earnings after tax were $98,400,000.

For the nine months, the company reported net interest income of $748,227,000 compared to $573,344,000 a year ago. Net interest income after provision for loan losses was $721,549,000 compared to $536,626,000 a year ago. Title revenue was $18,153,000 compared to $16,574,000 a year ago. Net income available to common shareholders was $232,064,000 compared to $123,989,000 a year ago. Diluted earnings per share were $4.14 against of $2.45 a year ago. Earnings per share - diluted, excluding non-core items (Non-GAAP) was $4.83 against of $3.13 a year ago. Pre-tax Core earnings (Non-GAAP) were $359,646,000 compared to $248,695,000 a year ago. After tax Core earnings (Non-GAAP) was $270,294,000 compared to $158,088,000 a year ago. Interest income was $891,433,000 against $644,080,000 reported last year.

The company provided earnings guidance for the full year of 2019. For the period, the company expects net interest margin expected to be in the range of 3.60% to 3.70%. Tax rate is expected to be in the range of 22.5% to 23.5%. The company expects continued revenue growth. At the midpoint of the range, the company expects an EPS about $7.30.