Industry News

WaMu earnings shrink

Net income down 11% in 4th quarter
Published on Jan 23, 2004

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by CareyBot

Reflecting the slowdown in the mortgage market in the second half of the year, Washington Mutual (NYSE: WM) announced decreased earnings in the fourth quarter of 2003. WaMu reported fourth-quarter earnings of $842 million, or 93 cents a share as ...