|
|
Article: Hudson Valley Holding Corp. Reports Second Quarter Earnings And Announces Cash Dividend.
- Article from:
- PR Newswire
- Article date:
- July 31, 2001
CopyrightCOPYRIGHT 2001 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)
|
YONKERS, N.Y., July 31 /PRNewswire/ --
William E. Griffin, Chairman of the Board, Hudson Valley Holding Corp. (OTC Bulletin Board: HUVL), announces earnings for the first six months of 2001. Earnings for the six month period were $9.4 million, compared to $7.4 million for the same period in 2000. Diluted earnings per share were $1.95 compared to $1.54 for the same period last year. Mr. Griffin noted that earnings were higher than normal due to non-recurring items and are not representative of future earnings.
In addition, James J. Landy, President and Chief Executive Officer, announced that as of June 30, 2001, assets totaled $1.3 billion, deposits ...