Teche Holding Company Named to Keefe, Bruyette and Wood's "Bank Honor Roll" of Superior Performers for Second Consecutive Year
(firmenpresse) - NEW IBERIA, LA -- (Marketwire) -- 04/10/12 -- (NYSE Amex: TSH) Teche Holding Company, parent company for Teche Federal Bank, was again named to Keefe, Bruyette and Wood's (KBW) prestigious 2012 "Bank Honor Roll." KBW is a national full-service investment bank that specializes in the financial services sector.
Teche Holding Company, for the second consecutive year, is the only publicly owned Louisiana bank holding company included on this year's list. The group includes all different sizes and categories of bank holding companies throughout the United States. Nearly 400 banks from throughout the United States with $500 million or more in total assets were considered for the Honor Roll. This list is selected primarily on the basis of the Bank's earnings record. Teche has maintained consistent earnings over the last decade even during the 2008 financial crisis. Teche was also one of only a few publicly traded bank holding companies in the southeast whose financial strength allowed them to decline TARP.
"Being named to this elite group of 45 high performing American banks for a consecutive year is indeed an honor," said Patrick Little, President & CEO of the Company.
KBW Honor Roll members are publicly traded banking companies with a $500 million or more in total assets that meet the following three conditions:
No annual loss reported in net income per share before extraordinary items over the past 10 years.
2011 annual reported net income per-share before extraordinary items must have been equal to or greater than peak net income per-share over the past 10 years.
Consecutive increases in net income per-share before extraordinary items since 2009.
More information including press releases and annual reports of Teche are available on our website at .
Teche Federal presently operates nineteen offices in the Louisiana parishes of St. Mary, Iberia, Lafayette, St. Martin, Terrebonne, Lafourche, St. Landry and East Baton Rouge. The Company's common stock is listed as Teche Holding Company and is traded under the symbol "TSH" on the NYSE - AMEX. The Federal Deposit Insurance Corporation (FDIC) insures deposits at Teche Federal Bank up to the legal maximum limits.
Statements contained in this news release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by Teche Holding Company with the Securities and Exchange Commission from time to time. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.
Contact:
Patrick Little
President & CEO
Teche Holding Company
(337) 560-7151
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Datum: 10.04.2012 - 16:33 Uhr
Sprache: Deutsch
News-ID 133549
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NEW IBERIA, LA
Kategorie:
Retail Banking
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