First Niagara Financial Group (FNFG) Tops Q1 EPS by 2c
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First Niagara Reports First Quarter 2015 Results
April 24, 2015 7:03 AM EDTFirst Quarter 2015 Highlights:
First quarter operating earnings of $0.15 per diluted share, excluding restructuring charges GAAP earnings of $0.12 per diluted share Operating revenues of $345 million were consistent with prior quarter and year-ago quarter Net interest margin declined 4 basis point QOQ reflecting low interest rate environment Average loans up 4% annualized QOQ Average commercial business and real estate loans increased 5% QOQ Average consumer loan growth increased 2% QOQ driven by Indirect Auto and Home Equity balances Average consumer checking balances increased 11% annualized QOQ and 5% YOY Transactional deposits... MoreFirst Niagara Reports First Quarter 2015 Results
April 24, 2015 7:03 AM EDTFirst Quarter 2015 Highlights:
First quarter operating earnings of $0.15 per diluted share, excluding restructuring charges GAAP earnings of $0.12 per diluted share Operating revenues of $345 million were consistent with prior quarter and year-ago quarter Net interest margin declined 4 basis point QOQ reflecting low interest rate environment Average loans up 4% annualized QOQ Average commercial business and real estate loans increased 5% QOQ Average consumer loan growth increased 2% QOQ driven by Indirect Auto and Home Equity balances Average consumer checking balances increased 11% annualized QOQ and 5% YOY Transactional deposits... MoreOnline Account Opening Adds Convenience, Speed to First Niagara's Expanding Array of Digital Services
April 22, 2015 8:45 AM EDTBUFFALO, N.Y., April 22, 2015 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc.'s rapidly expanding array of digital banking services now includes a fast and easy online account opening platform.
With an online application process designed to be completed in around 5 minutes for most products and customers, the bank now facilitates more convenient online account opening for its full range of deposit products.
"Customers want the highest quality digital experience from their bank, and this expectation is by no means limited to any specific group of customers," said First Niagara... More
