(Reuters) - Net income for the Westbury, New York-based thrift fell to
$36 million, or 12 cents per share, from $50.6 million, or 18
cents, a year earlier.
Results included a $57 million pre-tax loss from selling
the securities, which the thrift said resulted from changes in
interest rates, not credit quality. Operating profit totaled
$71.8 million, or 23 cents per share, New York Community said.
Read more at Reuters.com Mergers News
$36 million, or 12 cents per share, from $50.6 million, or 18
cents, a year earlier.
Results included a $57 million pre-tax loss from selling
the securities, which the thrift said resulted from changes in
interest rates, not credit quality. Operating profit totaled
$71.8 million, or 23 cents per share, New York Community said.
Read more at Reuters.com Mergers News
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