IberiaBank says its third quarter earnings were $24.3 million, up 186% over what it brought in during the same period in 2008. The Lafayette-based bank was boosted by a stock offering that brought in $165 million, along with its acquisition of CapitalSouth Bank, which has 10 branches in Alabama. IberiaBank earned $1.22 per diluted share, compared with the 66 cents it earned per diluted share in the third quarter 2008. Net-interest income for the quarter was up 15.6% from $35.2 million to $40.7 million.
IberiaBank reports record earnings
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