Industry News

Strong real estate loans push up IndyMac profit

Fourth-quarter earnings grow 29% from a year ago
Published on Jan 26, 2006

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by CareyBot

Stronger mortgage production at IndyMac Bancorp Inc. in the fourth quarter pushed profit up 29 percent, the company said today. Profit rose to $72.3 million, or $1.09 per share, from $56 million, or 87 cents, the company said. The quarter ...

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