IBERIABANK Corporation Announces Quarterly Cash Dividend

The Board of Directors of IBERIABANK Corporation , announced the declaration of a quarterly cash dividend of $0.34 per share, up 6% compared to the same quarter last year. The dividend is payable on October 19, 2007 to shareholders of record as of September 28, 2007. This dividend level equates to an annualized dividend rate of $1.36 per share. Based on the closing stock price on September 18, 2007 of $52.00 per share, the indicated dividend yield is 2.62%.

Daryl G. Byrd, President and Chief Executive Officer of IBERIABANK Corporation commented, "We are pleased to provide this quarterly cash dividend to our shareholders."

At June 30, 2007, IBERIABANK Corporation had total assets of $4.7 billion, shareholders' equity of $472 million and a Tier 1 Leverage capital ratio of 6.91%. The Company's common stock trades on the NASDAQ Stock Market under the symbol "IBKC."

IBERIABANK Corporation shareholders may take advantage of the Company's Dividend Reinvestment Plan. This program provides a convenient, economical way for shareholders to increase their holdings of the Company's common stock. The shareholder pays no brokerage commissions or service charges while participating in the plan.

To enroll in IBERIABANK Corporation's Dividend Reinvestment Plan, shareholders must have their stock certificate numbers and complete an enrollment form. Enrollment forms and a summary of the plan are available from the Registrar and Transfer Company by calling (800) 368-5948.

IBERIABANK Corporation is a financial holding company based in Lafayette, Louisiana with offices serving an eight-state region. IBERIABANK Corporation and its predecessor organizations have served clients for 120 years. The Company's market capitalization is approximately $670 million.

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 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, sufficiency of our allowance for loan losses, changes in interest rates, reliance on the services of executive management, competition for loans, deposits and investment dollars; changes in government regulations and legislation, geographic concentration of our markets, rapid changes in the financial services industry, and hurricanes and other adverse weather events. 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, http://www.sec.gov/, and the Company's website, http://www.iberiabank.com/. All information in this release is as of September 19, 2007. 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.

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CONTACT: Daryl G. Byrd, President and CEO, +1-337-521-4003, or John R.
Davis, Senior Executive Vice President, +1-337-521-4005, both of IBERIABANK