Items Tagged with 'Fourth-quarter earnings'

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BB&T reports record year for earnings in 2016

But residential mortgage loans decreased in Q4
BB&T reported record earnings for 2016, and fourth quarter earnings significantly higher than the previous year. However, these increases were not driven by residential mortgage loans which actually decreased in the fourth quarter of 2016.
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U.S. Bancorp net earnings set new record in 2016

Net interest income grows in fourth quarter
U.S. Bancorp produced mixed results in their fourth quarter, but that did not prevent the company from setting a record year in 2016. The company’s net interest income also showed growth not just for the year, but also in the fourth quarter.
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Ambac earnings drop to $68.6 million

Market challenges disrupt earnings
Ambac Financial Group’s net income fell in the fourth quarter 2013 to $68.6 million, or $1.49 per share, from $143.6 million, or 47 cents per share, in 2012, as earnings were impacted by current market challenges.
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Realogy Holdings closes 2013 with strong earnings

Company profits boosted from adding franchises, closing acquisitions
Realogy Holdings witnessed a strong year in 2013 as it recorded net revenue for full year 2013 of $5.3 billion, a 13% increase compared to 2012. And that was not the only area that posted growth.
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Stonegate Mortgage originations increase 152%

Lender navigates tough year with strategic acquisitions

Stonegate Mortgage not only overcame the challenging market conditions during the second half of 2013 but also posted a strong increase in originations and its servicing portfolio due to several strategic acquisitions.


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First American Financial revenue falls to $1.2 billion

Refinance activity, closed title orders drop to lowest year level
First American Financial Corporation’s total revenue for the fourth quarter of 2013 hit $1.2 billion, a decline of 4% compared to a year prior as it deals with a drop-off in refinance activity and closed title orders falling to the lowest level of the year.
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