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Iberiabank Corp.'s reported increased quarterly earnings Wednesday, though merger-related costs and impairment charges caused the company to fall shy of Wall Street's expectations.
January 25 -
IberiaBank Corp. in Lafayette, La., is eyeing expansion in Birmingham and other metropolitan markets in Alabama.
January 12 -
Many failed and open banks will be up for grabs across the South, the company says.
October 27 -
Iberiabank Corp. has agreed to pay $2.5 million to settle claims the Lafayette, La., company illegally charged customers excessive overdraft fees.
October 20 -
Whitney's sale to Hancock put it in direct battlegrounds for business with Iberiabank.
September 8
Perhaps readying itself for further expansion, Iberiabank Corp. in Lafayette, La., has filed a shelf registration with the Securities and Exchange Commission that would allow it to quickly raise capital for use in pursuing deals.
The $11.8 billion-asset company said late Friday that the shelf registration will take effect immediately and will expire in three years. It replaces a previous shelf registration that was set to expire later this year.
"Although we have no current plans to issue any securities at this time, it is our long-standing practice to maintain an effective and up-to-date shelf registration statement to ensure flexibility should the need arise," Daryl G. Byrd, Iberiabank's president and chief executive, said in a news release.
Iberiabank has roughly doubled its assets over the last three years through acquisitions of both healthy and failed banks in recent years and now has nearly 175 branches in Louisiana, Arkansas, Alabama, Texas, Florida and Tennessee. The company recently announced that it