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Cardinal Financial Corporation (CFNL)

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  • American City Business Journals4 months ago

    Greater Washington's biggest bank deal in recent memory is finally complete

    United Bankshares Inc. (UBSI), the parent company of United Bank, has officially competed its $912 million purchase of McLean-based Cardinal Financial Corp., the parent company of Cardinal Bank. The successful purchase marks the 31st acquisition overall for United under the leadership of CEO Richard Adams and its 10th in Greater Washington. United Bank, which maintains dual headquarters in McLean and Charleston, West Virginia, also adds 22 local bank branches to its footprint, though a few Cardinal branches have closed in the process.

  • Associated Press4 months ago

    Cardinal Financial posts 1Q profit

    The McLean, Virginia-based bank said it had earnings of 36 cents per share. Cardinal Financial shares have dropped 12 percent since the beginning of the year. In the final minutes of trading on Tuesday, ...

  • Reuters4 months ago

    Federal Reserve approves United Bankshares buyout of Cardinal Bank

    The Federal Reserve on Friday said it approved a buyout of Cardinal Financial Corp of McLean, Virginia, by United Bankshares Inc of Charleston, West Virginia. UBV Holding Company, LLC of Fairfax, Virginia, ...