Chemical Financial Corporation reports first quarter 2019 net income of $62.9 million, representing $0.87 of earnings per diluted share
CHEMICAL FINANCIAL (CHFC)
Last chemical financial earnings: 7/24 04:20 pm
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US:NASDAQ Investor Relations:
chemicalbank.com/about/news-and-events/chemical-financial-corporation-announces-fourth-quarter-and-full-year-2014-earnings-conference-call
Company Research
Source: GlobeNewswire
DETROIT, April 23, 2019 (GLOBE NEWSWIRE) -- Chemical Financial Corporation ("Chemical") (NASDAQ:CHFC) today announced 2019 first quarter net income of $62.9 million, or $0.87 per diluted share, compared to 2018 fourth quarter net income of $73.0 million, or $1.01 per diluted share, and 2018 first quarter net income of $71.6 million, or $0.99 per diluted share. Net income, excluding the change in fair of value in loan servicing rights and merger expenses (collectively, "significant items"), a non-GAAP financial measure, was $73.3 million, or $1.02 per diluted share, in the first quarter of 2019, compared to $75.3 million, or $1.04 per diluted share, in the fourth quarter of 2018 and $68.6 million, or $0.95 per diluted share, in the first quarter of 2018.(1) In addition, on April 23, 2019, our Board of Directors declared a second quarter dividend on our common stock of $0.34 per share. The dividend will be payable on June 21, 2019, to shareholders of record on June 7, 2019. "Results
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