Chemical Financial (CHFC) Misses Q3 EPS by 1c

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Chemical Financial Corporation reports 2018 third quarter net income of $70.4 million, representing $0.98 of earnings per diluted share

October 23, 2018 4:15 PM EDT

Chemical Financial Corporation declares cash dividend on common stock of $0.34 per share

DETROIT, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Chemical Financial Corporation ("Chemical," "we," "us" or "our") (NASDAQ: CHFC) today announced 2018 third quarter net income of $70.4 million, or $0.98 per diluted share, compared to 2018 second quarter net income of $69.0 million, or $0.96 per diluted share and 2017 third quarter net income of $40.5 million, or $0.56 per diluted share. Net income in the third quarter of 2017 excluding merger and restructuring expenses ("significant items"), a non-GAAP financial measure, was $54.2 million, or $0.76 per diluted share.(1)  In... More