Article: Provident New York Bancorp Announces Fiscal 2009 Earnings of $0.67 per Diluted Share, an Increase of 10%.(Financial report)

Provident New York Bancorp (NASDAQ-Global Select Market: PBNY), the parent company of Provident Bank, announced fourth-quarter results for the fiscal year ending Sept. 30, 2009. Net income for the quarter was $5.1 million, or $0.13 per diluted share, compared to net income of $6.5 million, or $0.17 per diluted share for the fourth quarter of fiscal 2008. Net income for the twelve months ended September 30, 2009 was $25.9 million, or $0.67 per diluted share, compared to $23.8 million, or $0.61 per diluted share for the same period in 2008. President's Comments "While fiscal 2009 proved to be a challenging year for the banking industry as a whole, we continued to perform ...

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