National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure

COLUMBUS, Ohio, June 26, 2019 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (WOR) today reported net sales of $938.8 million and net earnings of $37.7 million, or $0.66 per diluted share, for its.

Simmons First National. net charge offs to totals loans were 13 basis points. Provision for loss during the quarter was $9 million, which includes an increase due to strong legacy loan growth and.

National city takes 0 million charge, Sees Fourth Quarter Earnings Pressure And we continued to see a shift from non-interest-bearing to interest-bearing deposits. Our overall cumulative deposit beta increased in the first quarter to 32% from 30% in the fourth. million and.

National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure Nonperforming assets comprised 1.77% of total assets as of Dec., 30, down from 1.98% the previous quarter although, not surprisingly, up from 1.06% at the end of 2008. The company charged-off nonperforming loans totaling $18 million in the fourth quarter for an.

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National City Corp. took a $200 million charge in October and November surrounding its mortgage banking operations, saying its mortgage business "continues to be under stress" in a filing Monday.

Both Ron and I have comments and afterwards, we will take. earnings per share decreased to $1.52 from $2.48. In fiscal 2018, the company recognized a tax charge of $53.7 million or $1.43 per share.

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National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure Clean Energy Fuels Corp. (NASDAQ:CLNE) Q1 2019 Earnings Conference Call May. Our SG&A in the first quarter of 2019 was $18.4 million versus $18.9 million a year ago.

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Good morning and thank you for joining us on our fiscal 2018 fourth quarter and year-end earnings conference. we expect to see results in fiscal ’19, improving our EBITDA to a range of $175 million.