MIDLAND, Mich., April 21, 2014 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) today announced 2014 first quarter net income of $13.8 million, or $0.46 per diluted share, compared to 2013first quarter net income of $13.2 million, or $0.48 per diluted share, and 2013 fourth quarter net income of $14.4 million, or $0.48 per diluted share. The decline in per share earnings from the prior year's first quarter was primarily attributable to the higher number of outstanding shares in this year's first quarter due to Chemical Financial Corporation's ("Corporation") September 2013 follow-on common equity offering.
Chemical Financial Corporation Reports 2014 First Quarter Operating Results
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