Amcore Financial 3rd-quarter earnings fall to $1.9 million on ...

Story date: 2007-10-18 08:17:00
Added on: 2007-10-18 08:40:42

CNBC - ... due to rising loan-loss provisions and losses on the pending sale of mortgage-backed ... In the third quarter of 2006, Amcore Financial, set aside only $2.9 million for ... the bonds relates to a balance sheet restructuring that reduces longer-term interest ...


Read more...

Related Stories:

• Brutal First Quarter for BankUnited - Street.Com

  Yesterday, BankUnited Financial Corporation BKUNA said it took a loss in the first quarter amid impairment charges and provisions for loan losses....
  2008-05-13 01:50:00

• (AFX UK Focus) 2008-05-30 18:50 GPSB swings to Q1 net loss of 37.7 mln euros on high provisions from writedowns (Interactive Investor)

  ATHENS (Thomson Financial) - Greek Postal Savings Bank SA (GPSB) said that it has swung to a first-quarter net loss of 37.7...
  2008-05-30 10:51:55

• Nomura Has Unexpected Loss on Provisions, Trading (Update2) - Bloomberg

  July 29 (Bloomberg) -- Nomura Holdings Inc. , Japan's largest brokerage, posted an unexpected first-quarter loss after setting aside 63.1 billion yen...
  2008-07-29 12:16:00

• Countrywide Financial swings to loss of $1.2 billion on weakening mortgage market (International Herald Tribune)

  Countrywide Financial Corp., the largest U.S. mortgage lender, said Friday it swung to a loss of more than $1 billion (€700 million)...
  2007-10-26 06:05:28

• BankUnited has $117.7 million loss (Miami Herald)

  BankUnited Financial, parent company of BankUnited, reported a second-quarter loss of $117.7 million, or $3.35 per share, compared to a profit of...
  2008-08-08 02:22:49

• Mortgage lender Countrywide Financial losses top $1B US in Q3 (CBC)

  Countrywide Financial Corp., the largest U.S. mortgage lender, said Friday it swung to a loss of more than $1 billion US in...
  2007-10-26 09:06:05

• IndyMac Swings to Loss on Mortgage Woes (NYTimes.com via Yahoo! Finance)

  The mortgage lender posted a fourth-quarter loss of $509.1 million as it raised its loan-loss provisions to account for growing defaults...
  2008-02-12 11:41:04

• Countrywide loses $422M amid mortgage meltdown

  USA Today - CALABASAS, Calif. (AP) — Countrywide Financial (CFC) , the nation's largest mortgage lender, said Tuesday that it posted a...
  2008-01-29 05:01:00