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Bank hitting an all time high -- of the regional -- reporting better than expected first quarter earnings and announcing a new dividend joining us now a Fox Business exclusive.
As investors like CEO Kevin -- Kevin congratulations you have a strong report.
I noticed it was the fifteenth consecutive quarter where earnings per share.
Increased by 15% or -- -- roe -- is very impressive.
-- EPS this time around 25 cents it beat the street.
-- -- -- -- Well with the -- and hard work staying close to our customers.
And you know looking for acquisition opportunities.
We announced seventh and eighth acquisition Roma bank -- accounting.
And then also -- gateway financial anyway community financial down in that Philadelphia suburbs.
So those deals are help -- us of promoting the growth.
And we're pretty good position right now.
An important part of a strategy to continue to look for opportunities to build.
Sure we're lucky we have we're only fifty 45%.
Public until we have the opportunity to raise additional capital.
And I don't give us a war chest when the wave of -- consolidation comes through.
We'll be great position to more acquisitions you say that the big banks are competing for making loans to what you call middle market companies that once.
Borrowed from the regional community banks how much of -- challenge is that the -- -- the marketplace in new York New Jersey is very competitive and multifamily space -- in the middle market.
But we feel -- -- we can make two million dollar loan of 500000 dollar loan in the thirty million dollar loan and still have that high touch from management.
How concerned are you about the those regulations out -- Basel III which really -- regional banks because unlike the huge too big to fail banks.
You know that's -- perhaps.
But your ability to make profits -- to loan out money and the regulatory.
Environment is always a challenge we look at as an opportunity because the smaller banks the burden of the regulation.
Is gonna maybe.
Forced them into to be Seles and that's a great opportunity just for us but we've been a pretty good -- -- of banks.
Very good and by the way should be noted -- -- -- took any top money did you.
You know we never did and that we had the capital and we've -- -- capital over the last five -- very careful congratulations Kevin thank you so.
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