Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
DAMARISCOTTA, Maine -- The First Bancorp (Nasdaq: FNLC), today announced unaudited results for the year ended December 31, 2011. Net income was $12.4 million, up $248,000 or 2.0% from 2010, and earnings per...
TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ: CFNL) (the "Company") today announced earnings of $28.0 million, or $0.94 per diluted share, for year ended December 31, 2011. This is a 51.8% increase...
Book Value Per Share Increases 17% in 2011 2011 Full Year Highlights * Net income was a record $352.1 million and diluted earnings per share ("EPS") were $2.65. * Non-GAAP net income was...
Specialty Loans Feature Competitive Rates and 24/7 Customer Service RIVERWOODS, Ill. -- Discover Student Loans recently added three new private student loans designed for graduate students in health professions, law school and MBA...
Consumers Can Visit BankOnCIT.com to Purchase CDs NEW YORK & SALT LAKE CITY -- CIT Bank (BankOnCIT.com), a Federal Deposit Insurance Corporation (FDIC) insured online bank and wholly-owned subsidiary of CIT Group Inc....
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that it is exiting the business of originating forward residential mortgages. MetLife Home Loans, the residential mortgage division of MetLife Bank, N.A., will no...
NEW YORK -- Fitch Ratings assigns an 'AA+' rating to general obligation (GO) bonds of the state of Alaska (the state), consisting of: --$173.5 million GO refunding bonds, series 2012A. The bonds are...
Consumers' Views About the Economy and Their Finances Are Improving While Post-Holiday Spending Intentions Fall RIVERWOODS, Ill. -- Consumer confidence remained fairly consistent in December, as consumers viewed the economy and their finances...
On June 17, 2011, Gov. Perry signed into law a bill that enables your bank to place deposits of local government agencies not only through CDARS® Reciprocal8" transactions, but also through CDARS* One-...
LOS ANGELES -- Broadway Financial Corporation (the "Company") (Nasdaq Small-Cap: BYFC), parent company of Broadway Federal Bank, f.s.b. (the "Bank"), today reported that it has received a letter, dated December 27, 2011, from...
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that GE Capital Financial Inc. will acquire most of the depository business of MetLife Bank, N.A. Financial terms of the transaction, which is expected...
NEWARK, Del. -- Sallie Mae announced today that its Sallie Mae Money Market Account has been recognized in the December issue of Kiplinger's Personal Finance Magazine as the "Best Money Market Account of...
NEW YORK -- Fitch Ratings has today assigned a 'AAAmmf' rating to Western Asset Institutional Liquid Reserves, a U.S.-registered prime money market fund governed by Rule 2a-7 of the Investment Company Act of...
NEW YORK -- Fitch Ratings has today assigned a 'AAAmmf' rating to Western Asset Institutional Liquid Reserves, Ltd., a Cayman Islands-incorporated prime money market fund and managed by Legg Mason Partners Fund Advisor,...
RIVERHEAD, N.Y. -- Suffolk Bancorp (NASDAQ: SUBK) ("Suffolk") today released results of its operations during the third quarter of 2011 which included earnings-per-share of $0.32, an increase from a loss of ($0.32) (restated)...
Notice of Proposed Rulemaking and Notice of Public Hearing Gross Estate; Election to Value on Alternate Valuation Date AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking and notice of public...
HORSHAM, Pa. -- Capmark Financial Group Inc. (the "Company") today issued its Report on Balance Sheet as of September 30, 2011. The Company and certain of its debtor subsidiaries emerged from bankruptcy on...
Declares Quarterly Dividend of $0.10 Per Share, an Increase of 67% RIVERWOODS, Ill. -- Discover Financial Services (NYSE: DFS) today reported net income of $513 million for the fourth quarter of 2011, as...
NEW YORK -- In the course of routine surveillance, Fitch Ratings takes the following ratings actions on the Aurora West School District No. 129, Kane County, Illinois (the district), obligations: --$2 million lease...