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Article: Independence Community Bank Corp. Reports a 33.3% Increase in Diluted Cash EPS for First Quarter.
- Article from:
- PR Newswire
- Article date:
- July 20, 2000
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Copyright informationCOPYRIGHT 2000 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)
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Cash Earnings Increase by 36.2% for the First Quarter Ended June 30, 2000
NEW YORK, July 20 /PRNewswire/ --
Independence Community Bank Corp. (Nasdaq: ICBC), reported cash earnings for the first quarter of fiscal 2001 increased 36.2% to $21.2 million and increased 33.3% per diluted share to $0.36 compared to the first quarter in the prior fiscal year. Net income increased 21.2% to $14.5 million for the quarter ended June 30, 2000 compared to $12.0 million for the quarter ended June 30, 1999. Diluted earnings per share increased 19.0% to $0.25 per share for the quarter ended June 30, 2000 compared to $0.21 per diluted share for the quarter ended June 30, 1999.
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