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CARDINAL FINANCIAL CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2016 10-K, filed Mar 15, 2017. Its latest SEC filing is a SC 13G/A from Feb 9, 2018.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Provides commercial and consumer banking, residential mortgages, and investment and financial advisory services to businesses and individuals in the Washington, D.C. region.

How Did They Make Money?

The bank earns interest on loans and investments, plus deposit and loan fees. Its mortgage arm earns customer fees, interest while loans are held, and gains when loans are sold; its wealth business earns commissions when customers buy or sell investments.

FY2016 revenue

Who Were Their Customers?

Commercial and retail banking customers use branches and online banking. Mortgage borrowers work with George Mason through its offices, while business and individual clients can work with financial advisors.

How Were They Changing?

Since the FY2016 annual report
  • Apr 28, 2017 United completed its acquisition of Cardinal Each Cardinal share was converted into the right to receive United shares; Cardinal Bank merged into United Bank.

Grew. Revenue grew 33% in 4 years, from $115.1M in FY2012 to $153.5M in FY2016, about 7% a year.

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