Comment on ViewPoint's Q1 earnings down, becomes a commercial bank

ViewPoint's Q1 earnings down, becomes a commercial bank

Plano-based ViewPoint Bank had a net income of $7.7 million for first quarter 2014, a drop from the same quarter a year earlier. The figure reflected a 6 percent increase over the fourth quarter 2013, but was a 4.7 percent decrease from first quarter 2013. Earnings per share were 20 cents, up 1 cent from the previous quarter, but down 1 cent from first quarter 2013. “We had a spectacular loan growth quarter, with $104 million from local energy and middle market companies,”  ViewPoint CEO Kevin…

 

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