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First Niagara Reports Second Quarter Earnings

Local News

First Niagara second quarter earnings were released before the stock market opened Friday morning.

The company continues to prepare for its merger with KeyBank, which could close as soon as Monday, August 1.

First Niagara reported net earnings of $.11 per share – the same as the first quarter.

First Niagara’s CEO says the bank’s commercial loans and deposit business was up.

Key Bank plans to close 106 branches beginning in October following the merger.

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