Business NewsMarketWire • Stonegate Bank Announces Fourth Quarter 2016 Operating Results

Stonegate Bank Announces Fourth Quarter 2016 Operating Results

Stonegate Bank Announces Fourth Quarter 2016 Operating Results

POMPANO BEACH, FL--(Marketwired - Jan 27, 2017) - Stonegate Bank (NASDAQ: SGBK) ("Stonegate") reported net income of $9.0 million for the fourth quarter of 2016 or $0.62 per diluted common share ($0.62 per common share net operating income, a non-GAAP measurement described below), as compared to net income of $6.6 million for the third quarter of 2016 or $0.49 per diluted common share. 

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