IberiaBank posts quarterly profit

IberiaBank Corp., holding company of IberiaBank reported fourth-quarter net income of $23 million, or 79 cents per share, up 9 percent from $17.4 million, or 59 cents per share, in fourth-quarter 2011.

“We finished 2012 with extraordinary client growth, a fairly stable margin, and favorable operating results in our new businesses and expanded operations,” Daryl G. Byrd, president and CEO, said in a new release.