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Mortgage App Page 1 Eps  Northern Citadel Bancorp  Form

Mortgage App Page 1 Eps Northern Citadel Bancorp Form

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This is the financial news network I'm Christy Duffy US Ban corp reported fourth-quarter earnings results on Wednesday before the opening bell posting an EPS of 46 cents X items which was in line with analysts estimates revenue in the quarter was reported at four point seven two billion dollars better than the 4.5 three billion expected by analysts the bank reported a tier 1 capital ratio of 10.5 percent and a common equity ratio of seven point eight percent book value per share came in at 14 dot 36 cents and a sign that lending is returning us be said that lending activity was strong totaling sixty-five point six billion dollars during the quarter the highest level reported since before the fourth quarter of 2008 chairman president and CEO Richard Davis commented quote I am very proud of our company's fourth-quarter performance that income of 974 million dollars or 49 cents per diluted common share was driven once again by record total net revenue and declining credit costs the result

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