Posts Tagged “Q1 Profit”

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Washington Post

BofA Posts $3.2bn Q1 Profit on Lower Loan Loss ProvisionsHousing WireBofA extended $150bn in credit during the quarter, including $69.5bn in first mortgages and $10bn in commercial real estate loans. …Bank of America Earns $3.2 Billion in First Quarter MarketWatch (press release)Bank of America: Better Credit Outlook Helps $3.2B Profit eCreditDaily.comEarnings Preview: BofA to report 1Q results BusinessWeek TheStreet.com  - CNBC  - Trading Markets (press release)all 571 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Washington Federal’s quarterly profit falls 60.8%Seattle TimesSharply higher expenses for future loan losses and managing repossessed real estate pushed down Washington Federal’s quarterly profit to $7.9 million, …Washington Federal Reports First Quarter Earnings of $7.9 Million CNNMoney.com (press release)Washington Federal Q1 profit drops 61 pct ReutersWashington Federal Q1 Profit Plunges On Higher Credit Costs - Update RTT News Bizjournals.comall 16 news articles »

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News Sources wrote an interesting post today on
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Washington Federal Q1 Profit Plunges On Higher Credit Costs - UpdateRTT NewsTotal credit costs, including loan loss provisions and Real Estate Owned expenses, were $82.50 million, up 128% or $46.26 million, from the past year. …Washington Federal Reports First Quarter Earnings of $7.9 Million CNNMoney.com (press release)Washington Federal Q1 profit drops 61 pct ReutersWashington Federal earnings drop 61 percent Bizjournals.comall 12 news articles »

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News Sources wrote an interesting post today on
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Mortgage lender Quest Capital’s Q1 profit fallsReutersMay 15 (Reuters) - Mortgage Financier Quest Capital Corp (QC.TO) (QCq.L) posted lower quarterly results on Friday, hurt by weak credit conditions and a deteriorating real estate market. The lender posted a net income of C$1.4 million ($1.20 million), …Quest Capital Corp. Reports Profitable First Quarter 2009 SYS-CON Media (press release) all 9 news articles

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RTT News

Ken Usdin - Banc of America-Merrill LynchSeeking Alpha, NYWe also realized $1.6 billion reduction in construction loan as projects were completed and converted to completed real estate loans. On the consumer side, residential first mortgage production activity was up significantly, spurred by the favorable …Regions posts profit on trading The TennesseanRegions Financial Q1 profit drops sharply Trading Markets (press release) all 103 news articles

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