First Niagara Financial Group (FNFG) Declares $0.08 Quarterly Dividend; 3.6% Yield
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First Niagara Financial Group, Inc. Declares Quarterly Dividend
April 24, 2015 9:00 AM EDTBUFFALO, N.Y., April 24, 2015 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc. (Nasdaq: FNFG) today announced that the Company's Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.
The Company's Board of Directors also declared a... More
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... More