Chemical Financial (CHFC) Tops Q4 EPS by 3c
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Chemical Financial Corporation reports fourth quarter 2018 net income of $73.0 million, representing $1.01 of earnings per diluted average share
January 28, 2019 6:03 AM ESTDETROIT, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Chemical Financial Corporation ("Corporation" or "Chemical") (NASDAQ: CHFC) today announced 2018 fourth quarter net income of $73.0 million, or $1.01 per diluted share, compared to 2018 third quarter net income of $70.4 million, or $0.98 per diluted share, and 2017 fourth quarter net income of $9.4 million, or $0.13 per diluted share. Net income in the fourth quarter of 2017, excluding merger and restructuring expenses, the revaluation of our net deferred tax assets following the signing of the Tax Cuts and Jobs Act in December 2017 and losses on sales of investment securities taken as part of our... More
