Cardinal Financial posts 4Q profit
Cardinal Financial posts 4th-quarter profit of $10.8 million
MCLEAN, Va. (AP) _ Cardinal Financial Corp. (CFNL) on Wednesday reported fourth-quarter net income of $10.8 million.
The bank, based in McLean, Virginia, said it had earnings of 32 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 37 cents per share.
For the year, the company reported profit of $50.5 million, or $1.50 per share. Revenue was reported as $190.2 million.
Cardinal Financial shares have fallen 4 percent since the beginning of the year. The stock has climbed 75 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFNL at https://www.zacks.com/ap/CFNL
_____
Keywords: Cardinal Financial, Earnings Report
