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Stock Market & Financial Investment News

News Breaks
July 31, 2012
06:35 EDTHCBKHudson City Bancorp upgraded to Buy from Neutral at Guggenheim
Guggenheim expects Hudson City Bancorp's earnings to bottom in Q3 and to resume growth in 2013 given its focus on diversifying income and its balance sheet. Price target is $7.
News For HCBK From The Last 14 Days
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July 29, 2015
08:38 EDTHCBKHudson City Bancorp reports Q2 EPS 7c, consensus 1c
Reports Q2 net charge-offs $4.9M vs. $10.7M a year ago. The bank's Tier 1 leverage capital ratio was 12.14% at June 30, 2015 as compared to 11.26% at June 30, 2014. The Bank's Tier 1 risk-based capital ratio and Common Equity Tier 1 risk-based capital ratio were 32.14% at June 30, 2015. Non-performing loans decreased $50.2M to $801.8M at June 30, 2015 vs. $852.0M at December 31, 2014.

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