Chemical Financial (CHFC) Tops Q1 EPS by 6c
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Chemical Financial Corporation Reports 2015 First Quarter Operating Results
April 17, 2015 4:01 PM EDTMIDLAND, Mich., April 17, 2015 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (the "Corporation") (Nasdaq: CHFC) today announced 2015 first quarter net income of $17.8 million, or $0.54 per diluted share, compared to 2014 first quarter net income of $13.8 million, or $0.46 per diluted share, and 2014 fourth quarter net income of $15.3 million, or $0.46 per diluted share.
Excluding nonrecurring transaction-related expenses, net income in the first quarter of 2015 was $18.7 million, or $0.57 per diluted share, up 33% over net income of $14.0 million in the first quarter of 2014 and up 1.7% over net income in the fourth quarter of 2014.
Nonrecurring transaction-related expenses attributable to the April 1, 2015... More
