Feature News

LAFAYETTE, La., Aug. 24 /PRNewswire-FirstCall/ -- IBERIABANK Corporation (Nasdaq: IBKC), the 122-year old holding company of IBERIABANK (www.iberiabank.com) and IBERIABANK fsb (www.iberiabankfsb.com), announced at its special meeting of stockholders, that the Company's shareholders have overwhelmingly approved an amendment to the Company's articles of incorporation to increase the authorized common stock from 25,000,000 to 50,000,000 shares. As of July 20, 2009, the Company had 22,104,159 shares of common stock issued and outstanding or reserved for issuance.

Approximately 89% of the Company's outstanding shares of common stock were cast on the proposal. Of the votes cast, approximately 89% voted in favor of the proposal.

Daryl G. Byrd, President and Chief Executive Officer of IBERIABANK Corporation stated, "Our tremendous organic and acquisition growth opportunities stand in stark contrast to the challenges facing much of our industry. We believe the approval of this proposal demonstrates the support of our shareholders in our Company's high quality expansion opportunities and strategic direction."

IBERIABANK Corporation

IBERIABANK Corporation is a multi-bank financial holding company headquartered in Lafayette, Louisiana. The Company has 162 combined offices, including 101 bank branch offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 26 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 35 locations in eight states. The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC" and the Company's market capitalization of approximately $1 billion, based on the closing stock price on August 24, 2009.

The following eleven investment firms currently provide equity research coverage on IBERIABANK Corporation:

• B. Riley & Company
• FIG Partners, LLC
• Howe Barnes Hoefer & Arnett, Inc.
• Keefe, Bruyette & Woods
• Robert W. Baird & Company
• Soleil Securities Corporation/Tenner Investment Research
• Stephens, Inc.
• Sterne, Agee & Leach
• Stifel Nicolaus & Company
• SunTrust Robinson-Humphrey
• Wunderlich Securities
  

Forward Looking Statements

To the extent that statements in this press release relate to future plans, objectives, financial results or performance of IBERIABANK Corporation, these statements are deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, which are based on management's current information, estimates and assumptions and the current economic environment, are generally identified by the use of the words "plan", "believe", "expect", "intend", "anticipate", "estimate", "project" or similar expressions. IBERIABANK Corporation's actual strategies and results in future periods may differ materially from those currently expected due to various risks and uncertainties.

Actual results could differ materially because of factors such as the current level of market volatility and our ability to execute our growth strategy, risks relating to the integration of acquired companies that have previously been operated separately, credit risk of our customers, effects of the on-going correction in residential real estate prices and reduced levels of home sales, sufficiency of our allowance for loan losses, changes in interest rates, access to funding sources, reliance on the services of executive management, competition for loans, deposits and investment dollars, reputational risk and social factors, changes in government regulations and legislation, increases in FDIC insurance assessments, geographic concentration of our markets, rapid changes in the financial services industry, dependence on our operational, technological, and organizational infrastructure, hurricanes and other adverse weather events, the volatility of our common stock, and valuation of intangible assets. These and other factors that may cause actual results to differ materially from these forward-looking statements are discussed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission, available at the SEC's website, www.sec.gov, and the Company's website, www.iberiabank.com. All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.