Still heady over the deal it announced last week to swoop into Pennsylvania by buying 57 branches, First Niagara Financial Group Inc. is talking even more boldly now.

In announcing first-quarter earnings that pleased analysts Monday, the $9.6 billion-asset Lockport, N.Y., company also said it would sell $300 million of stock — not only to support its growth, but also to repay the government capital it took in the fall.

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