TIB Financial Corp, issued its financial results for the first quarter. TIB Financial Corp trades on the “NASDAQ” under the Stock Symbol “TIBB”. For More information regarding “TIBB” or the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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TIB Financial Corp. (NASDAQ:TIBB), the parent company of TIB Bank and Naples Capital Advisors issued its financial results for the first quarter. The net loss for the quarter was $5.1 million compared to $3.5 million for the first quarter of 2009. The increased loss is primarily due to no tax benefits recorded in the most recent quarter as a result of the Company's deferred income tax assets being fully reserved.
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