Provident reports profit increase
-
- April
- 25
Montebello-based Provident New York Bancorp, the parent company of Provident Bank, said it earned $5.1 million, or 13 cents a share, during the second quarter of its fiscal 2008, up from $4.4 million, or 11 cents a share, a year earlier. The company said its net interest margin was 3.89 percent, up from 3.5 percent. Efforts to control expenses resulted in an increase of non-interest expense of less than 2 percent.
This entry was posted
on Friday, April 25th, 2008 at 3:49 pm by Allan Drury.
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