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Home » Store » News » Second Wave of 2Q03 Earnings Reports Is a Mixed Bag, But Gainers Dominate

Second Wave of 2Q03 Earnings Reports Is a Mixed Bag, But Gainers Dominate

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A fresh round of second-quarter earnings releases by major financial institutions shows most companies reporting solid gains in mortgage banking earnings. But the results were far from uniform, with three of nine firms included in the most recent roundup with declining mortgage banking revenue during the second quarter. As a group, the nine companies reported $1.55 billion in earnings, up 9.1 percent from the previous period.
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