Loyola's earnings up

EARNINGS

April 21, 1993

Loyola Capital Corp., the parent of Loyola Federal Savings Bank, reported first-quarter earnings yesterday of $3 million, or 35 cents a share, almost unchanged from the same period a year ago, excluding last year's accounting change.

The change in accounting for income taxes added $2.7 million, or 31 cents a share, to the company's total earnings of $5.7 million, or 65 cents a share, in the first quarter of 1992.

Loyola, with $1.78 billion in assets, also announced a dividend of 6 cents a share to be paid June 30.

Loyola Capital

Corp... ... ... .. Ticker... ... ... ... ... ... ... Yesterday's

... ... ... ... ...Symbol... ... ... ... ... ... ... Cls. ..Chg.

... ... ... ... ...LOYC... ... ... ... ... ... ... ..15 1/2 .. - 1/2

Period ended

March 31

... ... ... ... ... ... 1st qtr... ... ... Year ago... ... Chg.

Net Income... ... ... . $3,012... ... ... .$5,715... ... -47.3%

Primary EPS... ... ... . $0.35... ... ... ..$0.65... ... -46.2%

Annualized return

on assets... ... ... ... 0.68%... ... ... . 1.28%... ... ... ..

Add. to allowance

for loan losses... ... .. $935... ... ... $5,950... ... .-84.3%

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.