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Stock Market & Financial Investment News

News Breaks
December 12, 2012
19:01 EDTPULBPulaski Financial accelerates quarterly dividend
Pulaski Financial Corp., parent company of Pulaski Bank, announced that its board declared its regular quarterly cash dividend of 9.5c per share, which equals an annualized dividend rate of 38c per share. The quarterly dividend is payable December 31 to shareholders of record as of the close of business on December 22.
News For PULB From The Last 14 Days
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January 27, 2015
18:03 EDTPULBPulaski Financial reports Q1 EPS 26c, consensus 23c
Net interest income for the quarter decreased 2% compared with the September 2014 quarter, but increased 7% compared with the same quarter last year. The net interest margin decreased to 3.43% for the December 2014 quarter compared with 3.56% for the September 2014 quarter and 3.53% in the December 2013 quarter primarily as the result of market-driven declines in the average yield on portfolio loans. The combined average balances of portfolio loans and loans held for sale grew 13% in the December 2014 quarter compared with the same quarter last year, which more than offset the negative impact of the decline in the net interest margin on net interest income. However, when compared with the September 2014 quarter, the combined average balance of portfolio loans and loans held for sale grew only 1%, which was not sufficient to offset the negative impact of the decline in the net interest margin. The company’s total cost of funds remained almost constant among the quarters.

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