National Penn Bancshares Posts Flat Q3 EPS - Quick Facts

(RTTNews) - National Penn Bancshares, Inc. (NPBC) said it earned $24.6 million, or $0.17 per share of net profit in the third quarter, versus $26.02 million, or $0.17 per share a year ago. On average, 9 analysts polled by Thomson Reuters expected earnings per share of $0.17 for the quarter. Analysts' estimates typically exclude one-time items.

Compared with last year, quarterly net interest income after provision for loan losses remained nearly flat at $61.86 million. Analysts estimated revenues of $91.10 million for the quarter.

Additionally, the board declared a fourth-quarter 2013 cash dividend of ten cents per share, payable on November 15, 2013 to shareholders of record as of November 2, 2013. At September 30, 2013, the company's tier 1 common and tangible common equity1 to tangible assets ratios were a strong 14.38% and 10.61%, respectively.