Talmer Bancorp Inc (TLMR) Releases Earnings Results, Beats Expectations By $0.03 EPS

Talmer Bancorp Inc (TLMR) reported quarterly earnings results on Wednesday, Apr-27-2016. The company said it had a profit of $0.31 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.28. Analysts expectations of $80.23 million. During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on Talmer Bancorp Inc. Talmer Bancorp Inc was Upgraded by Raymond James to ” Strong Buy” on Mar 2, 2016.

Talmer Bancorp Inc opened for trading at $19.4 and hit $19.64 on the upside on Friday, eventually ending the session at $19.5, with a gain of 0.21% or 0.04 points. The heightened volatility saw the trading volume jump to 7,15,054 shares. Company has a market cap of $1,303 M.

In a different news, on Feb 10, 2016, Gary Torgow (CHAIRMAN) purchased 1,800 shares at $15.71 per share price. According to the SEC, on Feb 3, 2016, Gary S Collins (Vice Chairman) purchased 3,000 shares at $16.16 per share price. On Feb 2, 2016, Barbara J Mahone (director) purchased 5,000 shares at $16.22 per share price, according to the Form-4 filing with the securities and exchange commission.

Talmer Bancorp Inc. is a bank holding company. The Company operates through its wholly owned subsidiaries Talmer Bank and Trust Talmer West Bank and First Place Holdings. The Company is a full service community bank offering commercial and retail banking mortgage banking wealth management and trust services to small and medium-sized businesses and individuals within its geographic footprint. Its product line includes loans to small and medium-sized businesses residential mortgage loans commercial real estate loans residential and commercial construction and development loans consumer loans home equity loans agricultural loans and a variety of commercial and consumer demand savings and time deposit products. Substantially all loans are secured by specific items of collateral including business assets consumer assets and commercial and residential real estate. The Company also engages in mortgage banking activities.

Talmer Bancorp Inc

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