Cardinal Financial (CFNL) Tops Q1 EPS by 7c
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Cardinal Announces First Quarter 2016 Earnings
April 20, 2016 12:46 PM EDTTYSONS CORNER, Va.--(BUSINESS WIRE)-- Cardinal Financial Corporation (NASDAQ: CFNL) (the Company) today reported that earnings for the quarter ended March 31, 2016 were $13.1 million, compared to $9.0 million for the previous quarter ended December 31, 2015 and $13.7 million for the year ago quarter ended March 31, 2015. Diluted earnings per share were $0.39, $0.27 and $0.42 for these same respective periods.
Selected Highlights
Total assets of the Company grew to $4.07 billion, increasing 18% from March 31, 2015. Loans held for investment were $3.10 billion, also increasing 18% from a year ago. Customer deposits, including... More