Losses Ebb a Bit at Anchor Drop in Bad-Loan Write-Offs Cited As Key to Improvement
The Milwaukee Journal Sentinel › July 29, 2009
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Summary
The Madison-based parent of AnchorBank pointed Tuesday to improvements from the previous quarter as signs that economic troubles may be easing.
For its first fiscal quarter, Anchor BanCorp Wisconsin Inc. reported a loss of $11.8 million, or 56 cents a share, compared with year-earlier net income of $5.5 million, or 26 cents a share.See the full content of this document
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Losses Ebb a Bit at Anchor Drop in Bad-Loan Write-Offs Cited As Key to Improvement
But the loss was narrower than the $43.3 million the bank reported losing in the fourth quarter. Also, compared with the ...
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