First Niagara Financial Group (FNFG) Reports In-Line Q4 EPS
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First Niagara Reports Fourth Quarter and Full Year 2015 Results
February 5, 2016 7:30 AM ESTFourth quarter operating earnings of $0.15 per diluted share Full Year 2015 operating earnings of $0.61 per diluted share Fourth quarter GAAP earnings of $0.12 per diluted share, including merger-related and restructuring expenses Full Year 2015 reported GAAP earnings of $0.54 per diluted share Average loans increased 6% annualized QOQ Average commercial loans (CRE and commercial business) up 6% annualized QOQIndirect Auto and Home Equity loans drove 6% annualized increase in average consumer loans QOQ Average transactional deposit balances increased 14% annualized QOQ Average business noninterest-bearing deposit balances increased 12% annualized QOQAverage noninterest-bearing deposit balances increased 15% annualized... More
