Cardinal Financial Corp. (CFNL: Quote) Wednesday reported a second-quarter profit of $10.2 million or $0.34 per share, compared to $5.9 million or $0.20 per share in the comparable quarter last year.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the second quarter. Analysts' estimates typically exclude special items.
Net-interest income increased 15 percent to $21.4 million from $18.7 million last year. Non-interest income was $1.0 million, down from $1.3 million last year.
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by RTT Staff Writer
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