First Niagara Financial Group (FNFG) Declares $0.08 Quarterly Dividend; 3% Yield
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First Niagara Financial Group, Inc. Declares Quarterly Dividend
October 23, 2015 9:00 AM EDTBUFFALO, N.Y., Oct. 23, 2015 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that the Company's Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.
The Company's Board of Directors also declared a... More
First Niagara Reports Third Quarter 2015 Results
October 23, 2015 7:00 AM EDTThird quarter GAAP earnings of $0.15 per diluted share Average loans increased 5% annualized QOQ Average C&I loans increased 10% annualized QOQ Indirect Auto and Home Equity drove 4% annualized increase in average consumer loans QOQ Average transactional deposit balances increased 10% annualized QOQ and 7% YOY Average business noninterest-bearing deposit balances increased 26% annualized QOQ and 9% YOY Average noninterest-bearing deposit balances increased 17% annualized QOQ and 8% YOY Strong credit quality maintained Originated net charge-offs averaged 0.31% of total originated loans, unchanged QOQ Criticized loans decreased 9% QOQ
BUFFALO, N.Y.,... More
First Niagara Reports Third Quarter 2015 Results
October 23, 2015 7:00 AM EDTThird quarter GAAP earnings of $0.15 per diluted share Average loans increased 5% annualized QOQ Average C&I loans increased 10% annualized QOQ Indirect Auto and Home Equity drove 4% annualized increase in average consumer loans QOQ Average transactional deposit balances increased 10% annualized QOQ and 7% YOY Average business noninterest-bearing deposit balances increased 26% annualized QOQ and 9% YOY Average noninterest-bearing deposit balances increased 17% annualized QOQ and 8% YOY Strong credit quality maintained Originated net charge-offs averaged 0.31% of total originated loans, unchanged QOQ Criticized loans decreased 9% QOQ
BUFFALO, N.Y.,... More
