charter financial corp (CHFN) Key Developments
Charter Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014
Jan 29 15
Charter Financial Corporation reported unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported net interest income of $7,633,323 compared to $7,721,246 a year ago. Income before income taxes was $2,459,501 compared to $2,335,468 a year ago. Net income was $1,673,503 or $0.10 per basic and diluted share compared to $1,637,068 or $0.07 per basic and diluted share a year ago. Tangible book value per share was $12.29 compared to $11.66 a year ago. Return on annualized equity was 3.09% compared to 2.39% a year ago. Return on annualized assets was 0.68% compared to 0.60% a year ago. The increase in net income was primarily attributable to lower noninterest expense and reduced provision for loan losses due to improved credit quality, partially offset by lower purchase discount accretion, net of amortization, of $520,000 for the quarter ended December 31, 2014. Earnings per share for the quarter ended December 31, 2014 also benefited from a lower weighted average number of common shares outstanding as a result of the share repurchases made since December 2013.
Charter Financial Corporation Declares Quarterly Cash Dividend, Payable on February 25, 2015
Jan 27 15
Charter Financial Corporation announced that its board of directors has declared a regular quarterly cash dividend of $0.05 per share. The dividend is payable on February 25, 2015, to stockholders of record as of February 11, 2015.
Charter Financial Corporation, Annual General Meeting, Feb 18, 2015
Jan 16 15
Charter Financial Corporation, Annual General Meeting, Feb 18, 2015., at 10:00 US Eastern Standard Time. Location: CharterBank Corporate Center. Agenda: To elect two directors to serve for a term of three years; to ratify the selection of Dixon Hughes Goodman LLP as independent registered public accounting firm for fiscal year 2015; to hold an advisory, non-binding vote on the executive compensation described in this proxy statement; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof.
Charter Financial Corporation Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015
Jan 1 15
Charter Financial Corporation Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015 . Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States.
Charter Financial Seeks Acquisitions
Dec 12 14
Charter Financial Corporation (NasdaqCM:CHFN) said, "Our management team is taking actions to enhance shareholder value, including consolidating branches, reviewing personnel, developing new products, and continuing to review acquisition opportunities."