Cardinal Financial (CFNL) Tops Q2 EPS by 5c

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Cardinal Announces Second Quarter 2015 Earnings

July 15, 2015 12:08 PM EDT

Company Experiences Record Loan Growth, Credit Quality Remains Pristine

TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cardinal Financial Corporation (NASDAQ: CFNL) (the Company) today reported that second quarter of 2015 earnings increased 59% from a year ago, to $13.4 million, or $0.40 per diluted share, compared to $8.4 million, or $0.26 per diluted share, for the quarterly period ended June 30, 2014. For the six month year to date period, earnings increased 113%, and was $27.1 million, or $0.82 per diluted share, compared to $12.7 million, or $0.39 per diluted share, for the six month year to date period of 2014.

Certain non-operating items... More