Cardinal Financial (CFNL) Tops Q1 EPS by 2c

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Go back to Cardinal Financial (CFNL) Tops Q1 EPS by 2c

Cardinal Financial Corporation Declares Quarterly Dividend

April 22, 2015 4:24 PM 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 $0.11 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 EDT

TYSONS 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