Sovereign Bancorp, Inc. , parent company of Sovereign Bank , today reported net income for the quarter ended June 30, 2008 of $127.4 million or $.22 per diluted share as compared to $100.1 million or $.20 per diluted share in the first quarter of 2008 and $147.5 million or $.29 per diluted share in the second quarter of 2007. www.bankreopropertydeals.com
PASADENA, Calif.----East West Bancorp, Inc. , parent company of East West Bank, one of the nation's premier community banks, today reported selected preliminary financial results for the second quarter 2008 of a net loss of $25.9 million or per share. www.bankreopropertydeals.com
RealtyTrac� , the leading online marketplace for foreclosure properties, today released its Q2 2008 U.S. Foreclosure Market Report, which shows foreclosure filings were reported on 739,714 U.S. properties during the second quarter, a nearly 14 percent increase from the previous quarter and a 121 percent increase from the second quarter of 2007. www.bankreopropertydeals.com
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