With a price/earnings ratio of 7.79, Iberiabank Corp P/E ratio is greater than that of about merely 14.11% of stocks in our set with positive earnings.
With a year-over-year growth in debt of -34.97%, Iberiabank Corp's debt growth rate surpasses just 8.1% of about US stocks.
Iberiabank Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 49.82%, greater than the shareholder yield of 93.98% of stocks in our set.
Stocks that are quantitatively similar to IBKC, based on their financial statements, market capitalization, and price volatility, are CVBF, OSBC, COLB, PPBI, and BMTC.
IberiaBank Corporation provides commercial and retail banking products and services in Louisiana, Arkansas, Florida, Alabama, Tennessee, and Texas. The company was founded in 1887 and is based in Lafayette, Louisiana.
First Horizon National Corp. ("First Horizon") (FHN) and IBERIABANK Corporation ("IBERIABANK") (IBKC) today announced completion of their previously announced all-stock merger of equals. The combined company, with $79 billion in assets, $60 billion in deposits and $58 billion in loans as of March 31, 2020, will be headquartered in Memphis, Tennessee and operate under the First Horizon name. “The completion of this merger marks a significant milestone for our clients, associates, shareholders and communities,” said Bryan Jordan, President and CEO of First Horizon.
First Horizon National (NYSE: FHN), the holding company for First Horizon Bank, got approval from the Federal Reserve Board to acquire IberiaBank (NASDAQ: IBKC). When the deal officially closes on July 1, the combined bank will have about $75 billion in assets – including $43 billion from First Horizon Bank and $32 billion from IberiaBank. Memphis-based First Horizon has roughly 270 branches in Tennessee, Florida, Texas, South Carolina, and North Carolina, while IberiaBank, based in Lafayette, Louisiana, has 190 branches in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, South Carolina, North Carolina, Mississippi, Missouri, and New York.