Texas Regional Bancshares Profit Falls
Earnings slide 3.3%.
Texas Regional Bancshares
(TRBS)
net income fell 3.3% from a year ago in the first quarter.
The company earned $23 million, or 42 cents a share, in the quarter, compared with $23.8 million, or 43 cents a share, a year ago. On that basis, analysts surveyed by Thomson First Call were expecting earnings of 41 cents a share.
Net interest income for the quarter rose 7.4% from a year ago to $61.6 million.
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