Business in the Burbs

Hudson Valley Holding reports higher earnings

October

Hudson Valley Holding Corp. of Yonkers reported net earnings of $26 million, or $2.54 a share, for the nine months ended Sept. 30, up from $25.8 million, or $2.53 a share, a year earlier. Assets totaled $2.4 billion, deposits totaled $1.8 billion and net loans totaled $1.6 billion on Sept. 30. The bank did not disclose quarterly results in its earnings release. The company is the parent of Hudson Valley Bank, which operates 28 branches in the region.

This entry was posted on Tuesday, October 21st, 2008 at 1:13 pm by Jay Loomis.
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