Chemical Financial (CHFC) Tops Q1 EPS by 3c

Chemical Financial (NASDAQ: CHFC) reported Q1 EPS of $1.02, $0.03 better than the analyst estimate of $0.99.

"Results for the quarter continue the path of our sound operating performance reflecting strong deposit growth, low loan charge-off rates and disciplined expense management," noted David T. Provost, Chief Executive Officer of Chemical and Thomas C. Shafer, Vice Chairman of Chemical and Chief Executive Officer of Chemical Bank. "As we look forward to the remainder of the year, we believe we have a solid loan pipeline to improve loan growth and continue to grow our net interest income. As we combine this loan growth with the focused control of our core operating expenses while maintaining other solid fundamentals, we believe we are in a solid position for a successful 2019."

For earnings history and earnings-related data on Chemical Financial (CHFC) click here.

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