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People's United Financial Reports Q4 EPS of $.09
Thursday, January 20, 2011 - 5:39pm | 49People's United Financial, Inc. (Nasdaq: PBCT) today announced net income of $32.0 million, or $0.09 per share, for the fourth quarter of 2010, compared to $24.1 million, or $0.07 per share, for the third quarter of 2010, and $24.9 million, or $0.07 per share, for the fourth quarter of 2009.
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People's United Financial, Inc. to Acquire Danvers Bancorp for $493M
Thursday, January 20, 2011 - 5:38pm | 91People's United Financial, Inc. (Nasdaq: PBCT), the holding company for People's United Bank, and Danvers Bancorp, Inc. (Nasdaq: DNBK), of Danvers, Massachusetts, the holding company for Danversbank, announced today a definitive agreement pursuant to which People's United Financial will acquire...
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Severn Bancorp Announces Q4 EPS of $.02
Thursday, January 20, 2011 - 2:32pm | 134Severn Bancorp, Inc., (Nasdaq: SVBI) parent company of Severn Savings Bank, FSB, today announced net income of $607,000 for the fourth quarter, an increase of $3.3 million compared to a net loss of $2.7 million for the fourth quarter of 2009 . Net income was $1.2 million, or ($.06) per share for...
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Credit Suisse Lowers HCBK Estimates
Thursday, January 20, 2011 - 12:41pm | 100Credit Suisse is lowering its 2011 and 2012 estimates on Hudson City Bancorp, Inc. (NASDAQ: HCBK) to $0.80 and $0.95 (from $0.90 and $1.00), respectively, to reflect lower net interest margin and slower asset growth assumptions. “Sequential improvements in earnings are reliant upon a drop in the...
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Stock Market News for Jan 20, 2011 - Market News
Thursday, January 20, 2011 - 11:01am | 1330On Wednesday, markets sunk lower to close in the red after disappointing results from Goldman Sachs' (NYSE:GS) and Cree Inc (NASDAQ:CREE). Results from these companies pressured financial and tech stocks to fall and the market slid from the record highs it touched on Tuesday. The Dow Jones...
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Greene County Bancorp, Inc. Announces Dividend of $.175
Thursday, January 20, 2011 - 10:26am | 46Greene County Bancorp, Inc. (NASDAQ: GCBC) today announced that its Board of Directors has approved the continuation of the Company's regular quarterly cash dividend of $0.175 per share. The dividend reflects an annual cash dividend rate of $0.70 per share.
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Stock Market News for Jan 20, 2011 - Market News
Thursday, January 20, 2011 - 10:15am | 1330On Wednesday, markets sunk lower to close in the red after disappointing results from Goldman Sachs' (NYSE:GS) and Cree Inc (NASDAQ:CREE). Results from these companies pressured financial and tech stocks to fall and the market slid from the record highs it touched on Tuesday. The Dow Jones...
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Sterne Agee Lowers Estimates On Hudson City Bancorp
Thursday, January 20, 2011 - 9:59am | 247Sterne Agee has published a research report on Hudson City Bancorp (NASDAQ: HCBK) after the company announced its restructuring of borrowings is to be increasingly likely, thus allowing Sterne Agee to lower estimates. In the report, Sterne Agee writes "Hudson City is at a crossroads in our view....
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Piper Jaffray Reiterates Overweight on Ocwen Financial (OCN)
Thursday, January 20, 2011 - 8:43am | 81Piper Jaffray reiterates Overweight on Ocwen Financial (NYSE: OCN). In a report to clients, Piper Jaffray notes, "We reiterate our Overweight rating. Our price target is $14, which is based on 1.3x our '11 year-end book value of $10.40. We believe OCN can generate a long-term ROE in the mid-teens,...
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New England Bancshares Reports Q3 EPS $0.15 Vs. $0.14 Prior Year (NEBS)
Wednesday, January 19, 2011 - 6:05pm | 19New England Bancshares (NASDAQ: NEBS) Reports Q3 EPS $0.15 Vs. $0.14 Prior Year.
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England Bancshares, Inc. Reports Third Quarter EPS of $.15
Wednesday, January 19, 2011 - 5:52pm | 98New England Bancshares, Inc. (NASDAQ: NEBS), the holding company for New England Bank, today announced net income for the quarter ended December 31, 2010 of $910,000, or $0.15 per diluted share as compared to $856,000, or $0.14 per diluted share, for the quarter ended December 31, 2009. For the...
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Brookline Bancorp Announces Fourth Quarter EPS of $.11
Wednesday, January 19, 2011 - 5:36pm | 162Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today its earnings for the 2010 fourth quarter and year and approval by its Board of Directors of a regular and quarterly dividend of $0.085 per share payable on February 15, 2011 to stockholders of record on January 31, 2011. The Company earned $6,...
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Fidelity Bancorp, Inc. Announces First Quarter EPS of $.04
Wednesday, January 19, 2011 - 5:30pm | 141Fidelity Bancorp, Inc. of Pittsburgh, Pennsylvania (Nasdaq: FSBI), the holding company for Fidelity Bank reported a net loss for the three-month period ended December 31, 2010 of $135,000 or ($0.08) per share (diluted), compared to net income of $232,000 or $0.04 per share (diluted) in the prior...
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Brooklyn Federal Bancorp Receives Notices from NASDAQ
Wednesday, January 19, 2011 - 5:18pm | 140Brooklyn Federal Bancorp, Inc. (Nasdaq: BFSB), the holding company of Brooklyn Federal Savings Bank, today announced that on January 12, 2011, it received a letter from The NASDAQ Stock Market stating that the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1) because the Company did...
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Fidelity Bancorp Reports Q1 EPS ($0.08) Vs. $0.04 Prior (FSBI)
Wednesday, January 19, 2011 - 5:14pm | 1102Fidelity Bancorp, Inc. of Pittsburgh, Pennsylvania (Nasdaq: FSBI), the holding company for Fidelity Bank reported a net loss for the three-month period ended December 31, 2010 of $135,000 or ($0.08) per share (diluted), compared to net income of $232,000 or $0.04 per share (diluted) in the prior...