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First Niagara Financial Group, Inc. Declares Quarterly Dividend

BUFFALO, N.Y., Oct. 24, 2014 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc. (Nasdaq:FNFG) today announced that the Company's Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.

The Company's Board of Directors also declared a quarterly preferred stock dividend of $0.539063 per share on its fixed-to-floating rate perpetual non-cumulative preferred stock, Series B.

Both dividends will be payable on November 17, 2014 to shareholders of record on November 5, 2014.

About First Niagara

First Niagara, through its wholly owned subsidiary, First Niagara Bank, N.A., is a multi-state community-oriented bank with 411 branches, $38 billion in assets, $28 billion in deposits, and approximately 5,800 employees providing financial services to individuals, families and businesses across New York, Pennsylvania, Connecticut and Massachusetts. For additional information on First Niagara, visit us at www.firstniagara.com, follow us on Twitter @FirstNiagara, or like us on Facebook at FirstNiagaraBank.

CONTACT: Investors: Ram Shankar Senior Vice President, Investor Relations (716) 270-8623 ram.shankar@fnfg.com News Media: David Lanzillo Senior Vice President, Corporate Communications (716) 819-5780 david.lanzillo@fnfg.com

Source:First Niagara Financial Group, Inc.