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Financial Highlights

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ4
12/31/2018
Y-Y Ch (%)
2019 FQ3
9/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 12,457,254 9,884,716 26.03 12,325,061 4.29
Total Net Loans 8,388,063 7,148,693 17.34 8,226,599 7.85
Total Deposits 9,839,956 7,754,593 26.89 9,765,451 3.05
Equity Attributable to Parent Company 1,786,437 1,408,260 26.85 1,749,012 8.56
Total Equity 1,786,437 1,408,260 26.85 1,749,012 8.56
Profitability (%)
Net Income($000) 47,830 41,713 14.66 36,757 120.50
Net Income Attributable to Parent($000) 47,830 41,713 14.66 36,757 120.50
ROAA 1.53 1.68 (15) bp 1.30 23 bp
Core ROAA 1.59 1.73 (14) bp 1.64 (5) bp
ROAE 10.82 12.10 (128) bp 9.21 161 bp
ROATCE 16.51 18.93 (242) bp 14.10 241 bp
Core ROAE 11.24 12.41 (117) bp 11.62 (38) bp
Net Interest Margin 3.62 4.04 (42) bp 3.62 0 bp
Reported: Net Interest Margin 3.62 4.04 (42) bp 3.62 0 bp
Efficiency Ratio 49.63 50.97 (134) bp 47.78 185 bp
Noninterest Inc/ Operating Rev 19.21 17.72 149 bp 19.63 (42) bp
Balance Sheet Ratios (%)
Loans/ Deposits 85.97 93.16 (719) bp 84.99 98 bp
Securities/ Assets 21.09 16.79 430 bp 20.45 64 bp
Total Equity/ Total Assets 14.34 14.25 9 bp 14.19 15 bp
Tangible Equity/ Tangible Assets 10.17 9.97 20 bp 9.96 21 bp
Tang Common Equity/ Tang Assets 10.16 9.97 19 bp 9.95 21 bp
Asset Quality (%)
NPAs/ Assets 0.20 0.30 (10) bp 0.25 (5) bp
NPA Excl Restructured/ Assets 0.19 0.29 (10) bp 0.24 (5) bp
NPAs & 90+ PD/ Assets 0.20 0.32 (12) bp 0.25 (5) bp
NPAs/ Loans & REO 0.29 0.41 (12) bp 0.37 (8) bp
Nonaccrual & 90+ & OREO/ Assets 0.19 0.31 (12) bp 0.24 (5) bp
NPAs & 90+ PD/ Loans & REO 0.29 0.43 (14) bp 0.37 (8) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 1.89 3.07 (118) bp 2.44 (55) bp
NCOs/ Avg Loans 0.04 (0.03) 7 bp 0.07 (3) bp
Loan Loss Reserves/ Gross Loans 0.95 1.11 (16) bp 0.97 (2) bp
Reserves/ NPAs 330.16 273.71 5,645 bp 264.51 6,565 bp
Loan Loss Provision/ NCO 63.53 NM NM 46.05 1,748 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 1,188,970 966,032 23.08 1,149,681 13.67
Tier 1 Capital($000) 1,255,333 1,032,173 21.62 1,215,989 12.94
Tier 2 Capital($000) 145,284 145,552 (0.18) 145,571 (0.79)
Total Capital($000) 1,400,617 1,177,725 18.93 1,361,560 11.47
Total Risk-weighted Assets($000) 9,799,329 8,060,882 21.57 9,474,126 13.73
Tier 1 Common Capital (CET1) Ratio(%) 12.13 11.98 15 bp 12.14 (1) bp
Tier 1 Ratio(%) 12.81 12.80 1 bp 12.83 (2) bp
Total Capital Ratio(%) 14.29 14.61 (32) bp 14.37 (8) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.54 10.91 (37) bp 11.36 (82) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 55,368,482 49,349,800 12.20 55,345,672 0.16
Avg Diluted Shares(actual) 55,519,953 49,511,233 12.14 51,569,557 30.64
Basic Book Value per Share 32.26 28.53 13.07 31.60 8.35
Book Value per Share, As Reported 32.26 28.54 13.03 31.60 8.35
Basic Tangible Book Value per Share 21.81 19.01 14.73 21.12 13.07
Tangible Book Value per Share, As Reported 21.94 19.12 14.75 21.26 12.79
Common Dividends Declared per Share 0.26 0.22 18.18 0.26 0
EPS after Extra 0.87 0.85 2.35 0.71 90.14
EPS after Extra Growth(%) 2.40 73.50 (7,112) bp (14.50) 1,681 bp
Core EPS 0.90 0.87 3.45 0.90 0
Core EPS Growth(%) 3.60 39.90 (3,630) bp 7.20 (352) bp
Diluted EPS before Amortization 0.90 0.88 2.27 0.74 86.49
Pre-Provision Earnings per Share 0.82 0.79 3.80 0.83 (4.82)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.