Date archive for July 16th, 2012
First Niagara Financial Group Inc. (FNFG) $7.61
First Niagara Financial Group is a regional bank that is headquartered in Buffalo, New York and the holding company for First Niagara Bank. First Niagara was one of the few banks that managed to increase its dividend through the last housing led recession and managed to grow steadily through a series of acquisitions.
In April 2010, First Niagara acquired Harleysville National Bank in an all-stock transaction valued at approximately $237 million or $5.50 per share. The deal provided First Niagara with $5.6 billion in assets, $3.6 billion in loans and $4.1 billion in ...
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