|
|
Article: CapitalSource Reports First Quarter 2009 Results.
- Article from:
- PR Newswire
- Article date:
- May 7, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
- Net Loss of $0.36 Per Share; Negatively Affected By the Convertible Debt for Equity Exchange; Though Exchange Resulted in an Increase to Book Equity
- Charge-offs of $124 Million and a $155 Million Addition to Provision - Substantially Reduced from 4Q Levels
- Approximately $200 Million of New Loans Funded at CapitalSource Bank
- CapitalSource Bank Total Risk-Based Capital Ratio of 17.24% and Tangible Common Equity to Tangible Assets Ratio of 13.12%
- CapitalSource Inc. Tangible Common Equity to Tangible Assets Ratio of 16.85%
CHEVY CHASE, Md., May 7 /PRNewswire-FirstCall/ -- CapitalSource Inc. today announced financial ...