Reports Q1 revenue $540.36M, consensus $533.2M. Reports Q1 tangible book value per share $9.94. Reports Q1 CET1 capital ratio 10.91%. Reports Q1 net charge-offs .14%. Ira Robbins, CEO, commented, “We continue to execute on our strategic priorities by growing low-cost core deposits and further diversifying our loan portfolio. These efforts have strengthened our balance sheet metrics and enhanced the sustainability of our earnings and profitability. Through targeted hiring efforts of strategically focused bankers, we are positioned to build on the momentum that we have established in recent years.”
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