Cardinal Financial (CFNL) Declares $0.12 Quarterly Dividend; 2.2% Yield

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Cardinal Financial Corporation Declares Quarterly Dividend

April 21, 2016 10:04 AM EDT

TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cardinal Financial Corporation (NASDAQ: CFNL) (the Company) today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. This dividend will be paid on May 20, 2016 to shareholders of record as of the close of business on... More

Cardinal Announces First Quarter 2016 Earnings

April 20, 2016 12:46 PM EDT

TYSONS 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