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Digest
EARNINGS
By TIMES WIRES
Published January 24, 2007
Bank of America Corp. The nation's No. 2 bank by assets said its fourth-quarter earnings rose 47 percent, reflecting both the addition of the MBNA credit card company and growth in most of its customer segments. 4th Qtr Year Ago Revenue $18.46-bil $13.8-bil Net Income $5.26-bil $3.57-bil Per Share $1.16 88 cents 2006 2005 Revenue $73-bil $56.1-bil Net Income $21.13-bil $16.47-bil Per Share $4.59 $4.04 First Community BankCorp. The Pinellas Park-based bank holding company said net income fell slightly for the fourth quarter but was still up 28 percent for 2006. Assets were $390-million, a 20 percent increase for the year. The bank has seven offices along the west coast of Florida. 4th Qtr Year Ago Net Income $821,000 $853,000 Per Share 20 cents 24 cents 2006 2005 Net Income $3.7-mil $2.9-mil Per Share 91 cents 82 cents Wachovia Corp. The nation's fourth-largest bank said its fourth-quarter profit climbed 35 percent on loan and deposit growth related to the acquisitions of mortgage lender Golden West Financial Corp. andWestcorp. 4th Qtr Year Ago Revenue $8.59-bil $6.56-bil Net Income $2.3-bil $1.71-bil Per Share $1.20 $1.09 2006 2005 Revenue $41-bil $35.9-bil Net Income $7.79-bil $6.64-bil Per Share $4.63 $4.19
[Last modified January 23, 2007, 23:51:48]
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