Cardinal Financial (CFNL) Declares $0.11 Quarterly Dividend; 2.2% Yield
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Cardinal Financial Corporation Declares Quarterly Dividend
April 22, 2015 4:24 PM EDTTYSONS 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 $0.11 per share. This dividend will be paid on May 22, 2015 to shareholders of record as of the close of business on... More
Cardinal Announces First Quarter 2015 Earnings
April 22, 2015 12:47 PM EDTTYSONS CORNER, Va.--(BUSINESS WIRE)-- Cardinal Financial Corporation (NASDAQ: CFNL) (the Company) today reported a 220% increase in reported earnings to $13.7 million, or $0.42 per diluted share, for the quarterly period ended March 31, 2015, compared to reported earnings of $4.3 million, or $0.13 per diluted share, for the first quarter of 2014.
Selected Highlights
Operating net income (a non-GAAP measure) increased 137% to $9.7 million, or $0.30 per share, for the current quarter versus $4.1 million, or $0.13 per share, for the year ago quarter. Operating net income for the first quarter of 2015 excludes $313,000 of after-tax acquisition... More