Last $8.03 USD
Change Today +0.15 / 1.90%
Volume 6.4M
FNFG On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 01/23/15 All times are local (Market data is delayed by at least 15 minutes).

first niagara financial grp (FNFG) Snapshot

Open
$8.05
Previous Close
$7.88
Day High
$8.07
Day Low
$7.76
52 Week High
04/2/14 - $9.61
52 Week Low
10/27/14 - $7.00
Market Cap
2.9B
Average Volume 10 Days
6.0M
EPS TTM
$-0.04
Shares Outstanding
355.3M
EX-Date
11/3/14
P/E TM
--
Dividend
$0.32
Dividend Yield
3.99%
Current Stock Chart for FIRST NIAGARA FINANCIAL GRP (FNFG)

first niagara financial grp (FNFG) Related Businessweek News

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first niagara financial grp (FNFG) Details

First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. The company’s deposit products include savings and money market, and certificate of deposit accounts, as well as municipal deposits. Its loan portfolio include commercial business loans; commercial real estate and multi-family lending products; residential real estate lending products; home equity lending products; indirect automobile lending products; credit cards; and consumer loans, including personal secured and unsecured loans, and overdraft lines of credit. The company also offers wealth management services to manage client funds utilizing various third party investment vehicles comprising separately managed accounts, bonds, exchange traded funds, and mutual funds, as well as provides retirement planning, education funding, and wealth protection products and services, such as stocks, bonds, mutual funds, annuities, life insurance, long term care insurance, and advisory products. In addition, it sells insurance products comprising business and personal insurance, surety bonds, life, disability, and long-term care coverage products; and offers risk management advisory services, such as alternative risk and self-insurance, claims investigation and adjusting, and third party administration of self-insured workers’ compensation plans, as well as provides treasury management services, such as account reconciliation, remote deposit capture, ACH payments, and cash vault services. As of January 24, 2014, the company operated 420 branches in New York, Pennsylvania, Connecticut, and Massachusetts. First Niagara Financial Group, Inc. was founded in 1870 and is headquartered in Buffalo, New York.

first niagara financial grp (FNFG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.8M
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $528.0K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $469.2K
Executive Vice President of Retail Banking
Total Annual Compensation: $416.7K
Compensation as of Fiscal Year 2013.

first niagara financial grp (FNFG) Key Developments

First Niagara Financial Group Inc. Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Announces Net Charge Offs for the Fourth Quarter Ended December 31, 2014

First Niagara Financial Group Inc. announced earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of $269,783,000 against $280,278,000 a year ago. Income before tax was $89,748,000 against $110,442,000 a year ago. Net income available to common stockholders was $70,021,000 against $70,143,000 a year ago. Earnings per diluted share were $0.20 against $0.20 a year ago. Return on average assets was 0.80% against 0.82% a year ago. Return on average equity was 7.44% against 6.18% a year ago. Operating earnings were $61.7 million or $0.17 per diluted share against $70.1 million or $0.18 per diluted share a year ago. Excluding certain non-recurring items incurred during the fourth quarter of 2014, operating net income available to common shareholders was $61.7 million, or $0.17 per diluted share. Operating net income was $69.2 million against $77.7 million a year ago. For the full year, the company reported net interest income of $1,085,621,000 against $1,093,391,000 a year ago. Loss before tax was $819,917,000 against income before tax of $422,806,000 a year ago. Net loss available to common stockholders was $742,572,000 against net income available to common shareholders of $265,064,000 a year ago. Loss per diluted share was $2.12 against earnings per diluted share of $0.75 a year ago, reflecting third quarter non-cash goodwill impairment charge. Negative return on average assets was 1.86% against positive ROA of 0.80% a year ago. Negative return on average equity was 14.75% against positive of 5.95% a year ago. Book value per common share was $10.71. Operating earnings were $0.71 per diluted share. Excluding these charges, non-GAAP operating net income available to common shareholders in 2014 was $0.71 per diluted share, compared to $0.75 per diluted share in 2013. The company announced net charge offs of $10.8 million for the fourth quarter ended December 31, 2014.

First Niagara Financial Group Inc. to Report Q4, 2014 Results on Jan 23, 2015

First Niagara Financial Group Inc. announced that they will report Q4, 2014 results at 8:30 AM, US Eastern Standard Time on Jan 23, 2015

First Niagara Financial Group Inc., Q4 2014 Earnings Call, Jan 23, 2015

First Niagara Financial Group Inc., Q4 2014 Earnings Call, Jan 23, 2015

 

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FNFG

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Valuation FNFG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.1x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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