Astoria Financial 1Q net income more than doubles
Astoria Financial Corp., a savings and loan association, said Wednesday its net income more than doubled as it lowered its provision for loan losses reflecting improving credit quality. The holding...
View ArticleSuffolk National Bank reconsiders 1Q results
Riverhead-based Suffolk County National Bank may have erred in announcing that it had a loss of $12.9 million for the first quarter of 2011, and is having an outside consultant go back and review its...
View ArticleSuffolk Bancorp 2Q earnings slide
Suffolk Bancorp, parent of Suffolk County National Bank, on Wednesday said it expects second quarter earnings to fall from a year ago, while provisions for loan losses surged from a year ago. The...
View ArticleHSBC bank says 1st half profits at $10.2 billion
HSBC said Monday that its first half profit rose 22 percent as it reaped the benefits of restructuring measures and reduced loan losses in the United States.
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