| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Cardinal Financial Corporation |
| 10641 Lee Highway, Fairfax, VA 22030 * (703) 934-9200 |
| The company is a bank holding company which currently operates Cardinal Bank, N.A. in Fairfax VA and intends to organize and establish three community banks in the Manassas/Prince County, Reston/Loudoun County and Alexandria/Arlington County areas. |
| Manager | Tier | Phone |
| Scott & Stringfellow, Inc. | Lead Manager | (804) 780-3267 |
| Ferris, Baker, Watts Inc. | Co-manager | (202) 429-3608 |
| Interstate/Johnson Lane Corp | Co-manager | (404) 840-5030 |
| NASNTL: | CFNL | Financial: | SIC 6021 | |
| Type of Shares: | Common Shares | Filing Date: | 5/8/98 | |
| U.S. Shares: | 2,600,000 | Offer Date: | 7/17/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 2,600,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.70 | |
| Offering Amount: | $26,000,000 | Selling: | $0.42 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Post-IPO Shares: | 4,009,509 | |||
| Employees: | 8 |
| Issuer's Law Firm: | Williams Mullen Christian & Dobbins |
| Bank's Law Firm: | LeClair, Ryan, Joynes, Epps & Framme |
| Auditor: | KPMG Peat Marwick |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 3/31/98 | 3/31/98 | ||||
| Revenue: | $0.10 | Assets: | $10.16 | ||
| Net Income: | -$0.19 | Curr Assets: | |||
| EPS: | -$0.14 | Liabilities: | $0.04 | ||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | $4.10 | Equity: | $10.12 | ||
| Cash Flow/Fin: | $1.57 | Cash: | $9.68 | ||
| Cash Flow/Inv: | -$0.28 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to capitalize and fund costs incurred with the formation and capitalization of the additional banks. |