First Niagara Financial Group (FNFG) Reports In-Line Q3 EPS
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First Niagara Reports Third Quarter 2015 Results
October 23, 2015 7:00 AM EDTThird quarter GAAP earnings of $0.15 per diluted share Average loans increased 5% annualized QOQ Average C&I loans increased 10% annualized QOQ Indirect Auto and Home Equity drove 4% annualized increase in average consumer loans QOQ Average transactional deposit balances increased 10% annualized QOQ and 7% YOY Average business noninterest-bearing deposit balances increased 26% annualized QOQ and 9% YOY Average noninterest-bearing deposit balances increased 17% annualized QOQ and 8% YOY Strong credit quality maintained Originated net charge-offs averaged 0.31% of total originated loans, unchanged QOQ Criticized loans decreased 9% QOQ
BUFFALO, N.Y.,... More
First Niagara Reports Third Quarter 2015 Results
October 23, 2015 7:00 AM EDTThird quarter GAAP earnings of $0.15 per diluted share Average loans increased 5% annualized QOQ Average C&I loans increased 10% annualized QOQ Indirect Auto and Home Equity drove 4% annualized increase in average consumer loans QOQ Average transactional deposit balances increased 10% annualized QOQ and 7% YOY Average business noninterest-bearing deposit balances increased 26% annualized QOQ and 9% YOY Average noninterest-bearing deposit balances increased 17% annualized QOQ and 8% YOY Strong credit quality maintained Originated net charge-offs averaged 0.31% of total originated loans, unchanged QOQ Criticized loans decreased 9% QOQ
BUFFALO, N.Y.,... More
