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Is First Niagara Financial Group Inc. Finally a Buy?

By David Hanson and Matt Koppenheffer – Mar 27, 2014 at 6:24PM

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After its rapid expansion during the crisis, First Niagara has underperformed. Is this bank now finally moving in the right direction?

In this segment from today's Where the Money Is, Motley Fool financial analysts David Hanson and Matt Koppenheffer take a question from a WTMI listener with a question about First Niagara Financial Group (NASDAQ: FNFG). The bank expanded rapidly by making several acquisitions of failing banks during the crisis, but has underperformed since then. Was the expansion too overzealous? Has this bank now finally reached a place where it is ready to perform for investors?

In the video, David dives into the story behind First Niagara, and tells investors whether he's interested in this bank stock today.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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