First Niagara Financial Group (FNFG) Misses Q2 EPS by 4c
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First Niagara Reports Second Quarter 2016 Results
July 29, 2016 7:00 AM EDTSecond quarter operating earnings of $0.18 per diluted share Second quarter GAAP earnings of $0.11 per diluted share, including merger-related integration expenses and loss associated with de-risking high-yield energy bond exposure Average loans increased 4% YOY Average commercial loans (CRE and commercial business) up 5% YOYAverage consumer loans increased 4% YOY Average transactional deposit balances increased 6% YOY Average interest-bearing checking deposit balances increased 6% YOYAverage noninterest-bearing deposit balances increased 5% YOY Originated net charge-offs averaged 0.27% of originated loans, down 4 basis points YOY
BUFFALO, N.Y., July 29, 2016 (GLOBE NEWSWIRE) --... More
