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United States

Cardinal Financial Corp (CFNL.OQ)

CFNL.OQ on NASDAQ Stock Exchange Global Select Market

28.79USD
24 Mar 2017
Change (% chg)

$0.19 (+0.66%)
Prev Close
$28.60
Open
$28.75
Day's High
$28.89
Day's Low
$28.54
Volume
41,947
Avg. Vol
62,944
52-wk High
$34.75
52-wk Low
$19.23

Latest Key Developments (Source: Significant Developments)

Cardinal Financial posts Q4 earnings per share $0.32
Wednesday, 25 Jan 2017 12:05pm EST 

Cardinal Financial Corp: Cardinal's 2016 record earnings surpass $50 million . Q4 adjusted earnings per share $0.37 excluding items . Q4 earnings per share $0.32 . Q4 earnings per share view $0.37 -- Thomson Reuters I/B/E/S . Qtrly net interest income increased 7.2%, to $32.7 million from $30.5 million, for quarters ended december 31, 2016 and 2015, respectively .Qtrly tax equivalent net interest margin was 3.37%, an increase from 3.35% for prior sequential quarter.  Full Article

United Bankshares to be paid termination fees of $36 mln if Cardinal terminates deal
Thursday, 18 Aug 2016 08:28am EDT 

United Bankshares Inc :If merger deal terminated by Cardinal, Cardinal shall pay United a termination fee of $36 million - SEC filing.  Full Article

United Bankshares says merger agreement with Cardinal Financial Corp
Thursday, 18 Aug 2016 08:00am EDT 

United Bankshares Inc - : United Bankshares, Inc. and Cardinal Financial Corporation announce merger agreement . United will acquire 100% of outstanding shares of Cardinal in exchange for common shares of United . Aggregate consideration of transaction is approximately $912 million . Transaction was unanimously approved by United's and Cardinal's boards of directors . Exchange ratio for deal will be fixed at 0.71 of United's shares for each share of Cardinal .Upon completion of deal, United's assets will grow to approximately $20 billion with projected market capitalization of about $3.9 billion.  Full Article

United Bankshares in talks to acquire Cardinal Financial in an all stock deal- source
Wednesday, 17 Aug 2016 08:25am EDT 

: United Bankshares in talks to acquire Cardinal Financial in an all stock deal- source ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

United Bankshares said in talks to acquire Cardinal Financial- Bloomberg
Wednesday, 17 Aug 2016 07:45am EDT 

: United bankshares said in talks to acquire Cardinal Financial- Bloomberg, citing sources . United could announce a deal to buy Cardinal, which has total assets of $4.2 billion, as soon as this week- Bloomberg, citing sources Source (http://bloom.bg/2bdvNdo) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Cardinal Financial Q2 share $0.42
Wednesday, 20 Jul 2016 12:13pm EDT 

Cardinal Financial Corp : Cardinal announces second quarter 2016 earnings . Q2 earnings per share $0.42 . Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S .Qtrly net interest income increased 9%, to $31.5 million from $28.9 million.  Full Article

Cardinal Financial Corporation appoints Christopher W. Bergstrom to President and CEO
Thursday, 11 Feb 2016 04:27pm EST 

Cardinal Financial Corporation:Bernard H. Clineburg has been appointed Executive Chairman of the Board of Directors for both Cardinal Financial Corporation and Cardinal Bank and Christopher W. Bergstrom is now President and Chief Executive Officer.This is the completion of a transition announced November 4, 2015.  Full Article

Cardinal Financial Corp declares quarterly dividend
Wednesday, 20 Jan 2016 04:55pm EST 

Cardinal Financial Corp:Declared a quarterly cash dividend of $0.12 per share.Dividend will be paid on February 22.Record date as of February 4.  Full Article

Cardinal Financial Corp announces executive changes
Wednesday, 4 Nov 2015 09:00am EST 

Cardinal Financial Corp:Announces Bernard H. Clineburg to assume Executive Chairman role.Says Christopher Bergstrom will be appointed acting president and Chief Executive Officer of the companies reporting to Clineburg.Says Clineburg will remain principal executive officer.Adjustments to contractual compensation will be determined at a later date prior to the effective date of the transition.  Full Article

Cardinal Financial Corporation Declares Quarterly Dividend
Wednesday, 21 Oct 2015 04:33pm EDT 

Cardinal Financial Corporation:declared a quarterly cash dividend of $0.11 per share. This dividend will be paid on November 20, 2015 to shareholders of record as of the close of business on November 5, 2015.  Full Article

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