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BloggingStocks (Free subscription) | 07/21/2009
Filed under: Earnings reports Despite an increase in the number of bad loans, Hudson City Bancorp Inc. (NASDAQ: HCBK ) managed to exceed analysts' second-quarter earnings estimates. The New Jersey-based bank raked in a quarterly profit of $127.9 million , or 26 cents per share, up 16% from the year-ago period. The results topped Wall Street's consensus estimate for a profit of 24 cents per share....
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Market Watch (Free subscription) | 07/21/2009
NEW YORK (MarketWatch) -- Hudson City Bancorp Inc. said Tuesday that its second-quarter profit rose 15.5% to $127.9 million, or 26 cents a share, from $110.7 million, or 22 cents a share, in the year-ago period. Analysts surveyed by FactSet Research had expected, on average, earnings per share of 26 cents. The Paramus, N.J.,-based parent of Hudson City Savings Bank also declared a quarterly dividend...
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Market Watch (Free subscription) | 03/18/2009
BOSTON (MarketWatch) -- Hudson City Bancorp Inc. on Wednesday said it remains "positive" about the company's results and opportunities for 2009. Chief Executive Ronald Hermance in a press release said the consensus analyst forecast that the bank will earn 25 cents a share in the first quarter is "reasonable." The CEO said the company isn't planning to cut its dividend and doesn't...
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