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Latest Ledyard Financial Gr (LFGP) Headlines

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Posted On: 03/10/2014 10:29:39 AM
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Latest Ledyard Financial Gr (LFGP) Headlines



Ledyard Financial Group Reports Financial Results for the Fourth Quarter

Business Wire - Fri Feb 28, 12:10PM CST

Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today reported its financial results for the fourth quarter of 2013. Net income for the quarter ended December 31, 2013, was $684,277 or $0.68 per share compared to $660,133 or $0.65 per share for the same period in 2012, an increase of $24,144 or 3.66%. Net income for the twelve months ended December 31, 2013 was $3,008,610, or $2.98 per share compared to $2,839,856 or $2.80 per share for the same period in 2012, an increase of $168,754 or 5.94%. The quarterly and full year results were impacted by the sale of approximately $18.3 million in investment securities which resulted in a loss of $238,168. During 2013 some of the highlights for the year were:



Rakuten Acquires Viber for $900 million

Business Wire - Fri Feb 14, 12:40AM CST

Rakuten Inc (4755:Tokyo), one of the world's largest Internet services companies, announced today its acquisition of pioneering messaging and VoIP company, Viber. Rakuten will acquire Viber for a total consideration of $900 million. The acquisition represents another bold step for Rakuten into the digital content space, following its acquisitions of Kobo, Wuaki.tv, and Viki.



Bruce King elected to join board of directors for Ledyard National Bank

M2 - Mon Feb 10, 9:50AM CST

The holding company for US-based Ledyard National Bank, Ledyard Financial Group (Ticker Symbol:LFGP) declared on Friday that Bruce King has joined the board of directors.



Bruce King Joins Ledyard National Bank Board of Directors

Business Wire - Fri Feb 07, 2:42PM CST

Ledyard Financial Group (Ticker Symbol: LFGP) is pleased to announce that Bruce King has joined its Board of Directors.



Ledyard Financial declares higher dividend of USD0.41 per share for quarter

M2 - Mon Feb 03, 4:02AM CST

Ledyard Financial Group (OTC:LFGP), the holding company for Ledyard National Bank, on Friday announced a quarterly dividend of USD0.41 per share, an increase of USD0.04 per share from the dividend paid in the September 2013 quarter.



Increase to Quarterly Dividend Declared by Ledyard Financial Group

Business Wire - Fri Jan 31, 2:04PM CST

Ledyard Financial Group (Ticker Symbol: LFGP) announced today a $0.04 increase to its quarterly dividend. The dividend of $0.41 is payable March 7, 2014 to shareholders of record as of February 14, 2014. Due to its strong financial position, solid earnings for 2013, and a more favorable outlook, the Company was able to increase its dividend two times during 2013. The most recent dividend increase was by $0.02 for the dividend paid during September 2013.



Ledyard Financial's board authorises repurchase plan for up to 40,000 of its common stock

M2 - Fri Nov 01, 4:23AM CDT

The holding company for Ledyard National Bank, Ledyard Financial Group Inc (OTC:LFGP) stated on Thursday that its board of directors approved a stock repurchase plan for up to 40,000 shares of its common stock on 25 October 2013.



Ledyard Financial Group Announces Stock Repurchase Plan

Business Wire - Thu Oct 31, 2:32PM CDT

Ledyard Financial Group, Inc. (Ticker Symbol: LFGP) today announced that its Board of Directors on October 25, 2013 authorized a stock repurchase plan pursuant to which Ledyard Financial Group may repurchase up to 40,000 shares of its common stock. Ledyard's Board of Directors and management team are committed to maximizing shareholder value and feel the recent increase in the dividend along with the stock repurchase plan demonstrate their commitment to this goal.



Ledyard Financial Group Reports Financial Results for the Third Quarter

Business Wire - Wed Oct 30, 10:35AM CDT

Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today reported its financial results for the third quarter of 2013. Net income for the quarter ended September 30, 2013, was $770,834 or $0.76 per share compared to $717,709 or $0.71 per share for the same period in 2012, an increase of $53,124 or 7.40%. Net income for the nine months ended September 30, 2013 was $2,324,331, or $2.30 per share compared to $2,179,723 or $2.14 per share for the same period in 2012, an increase of $144,608 or 6.63%.



Ledyard Financial announces dividend of USD0.37 per share for quarter

M2 - Mon Oct 28, 10:43AM CDT

The holding company for Ledyard National Bank, Ledyard Financial Group (Other OTC:LFGP) on Friday declared a regular quarterly common stock dividend of USD0.37 per share.



Quarterly Dividend Declared by Ledyard Financial Group

Business Wire - Fri Oct 25, 2:40PM CDT

Ledyard Financial Group (Ticker Symbol: LFGP) announced today a regular quarterly dividend of $0.37 per common share. The dividend is payable December 3, 2013 to shareholders of record as of November 8, 2013.



Ledyard Financial Group Reports Financial Results for the Second Quarter

Business Wire - Wed Jul 31, 9:08AM CDT

Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today reported its financial results for the second quarter of 2013. Net income for the quarter ended June 30, 2013, was $794,418 or $0.79 per share compared to $670,206 or $0.66 per share for the same period in 2012, an increase of $124,212 or 18.53%. Net income for the six months ended June 30, 2013 was $1,553,498, or $1.54 per share compared to $1,462,013 or $1.43 per share for the same period in 2012, an increase of $91,485 or 6.26%. The Company continues to improve earnings during a challenging operating environment.



Ledyard Financial releases higher quarterly dividend of USD0.37 per share

M2 - Mon Jul 29, 4:30AM CDT

Ledyard Financial Group (OTC MKT:LFGP), the holding company for Ledyard National Bank, on Friday released a quarterly dividend of USD0.37 per share, up USD0.02 per share from the dividend paid in March 2013.



Ledyard National Bank Named One of Business NH Magazine's Businesses of the Year

Business Wire - Thu Jun 06, 12:12PM CDT

Ledyard National Bank has been named Business NH Magazine's 2013 business of the year in the Financial Services/Insurance category. Business NH Magazine and the NH Association of Chamber of Commerce Executives have been celebrating the NH Businesses of the Year for 22 years. The award is given to organizations who demonstrate the largest impact on their community and industry.



Ledyard Financial Group Reports Financial Results for the First Quarter

Business Wire - Tue Apr 30, 2:42PM CDT

Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today reported its financial results for the first quarter of 2013. Net income for the quarter ended March 31, 2013, was $759,080, or $0.75 per share compared to $791,807 or $0.78 per share for the same period in 2012, a decrease of $32,727 or 4.13%. The difference is due mostly to gains on the sale of securities and OREO that were reflected in the prior year's results.



Ledyard Financial announces quarterly dividend of USD0.35 per share

M2 - Mon Apr 29, 3:00AM CDT

Ledyard Financial Group (OTC Markets:LFGP), a bank holding company, released on Friday a regular common dividend of USD0.35 per share for the quarter.



Ledyard Financial increases dividend to USD0.35 per share for quarter

M2 - Mon Jan 28, 4:48AM CST

Ledyard Financial Group (OTC market:LFGP), holding company for Ledyard National Bank, released on Friday a dividend of USD0.35 per share, up USD0.02 from its earlier quarterly dividend.



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