Analysts surveyed by Thomson Financial estimated earnings of 72 cents a share. The company plans to release its first-quarter results on April 24.
Cash America has 942 locations in the United States and also offers short-term cash advances over the Internet in 32 states and in the United Kingdom. CapitalSource, a lender and investment credit report Indiana manager based in Chevy Chase, Md., in May agreed to buy TierOne Corp. The company, which manages $20.9 billion in investments, wanted to buy the Nebraska-based bank for its deposits.
Each side claimed responsibility for squashing the agreement. Regardless of who killed the deal, Friedman Billings Ramsey analyst Scott Valentin said it is good news for CapitalSource. Any benefit the company would have enjoyed from the bank's $2.4 billion in deposits credit report Indiana would have been more than outpaced by the deteriorating credit quality of the bank's credit report Indiana loan portfolio, he said. credit score check Of TierOne's $3.34 billion loan portfolio, more than $1 billion are real estate loans, mainly loans credit report Indiana to builders and developers. These loans have suffered a devastating decay in quality because of flagging property values. The bank squirreled away $68 million to cover bad loans last year, credit report Indiana a fivefold increase from 2006 and 2005 combined. CapitalSource's stock jumped $1.15, or 11.2 percent, to close at $11.38 Monday. EmployeeScreen University
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Cash America has 942 locations in the United States and also offers short-term cash advances over the Internet in 32 states and in the United Kingdom. CapitalSource, a lender and investment credit report Indiana manager based in Chevy Chase, Md., in May agreed to buy TierOne Corp. The company, which manages $20.9 billion in investments, wanted to buy the Nebraska-based bank for its deposits.
Each side claimed responsibility for squashing the agreement. Regardless of who killed the deal, Friedman Billings Ramsey analyst Scott Valentin said it is good news for CapitalSource. Any benefit the company would have enjoyed from the bank's $2.4 billion in deposits credit report Indiana would have been more than outpaced by the deteriorating credit quality of the bank's credit report Indiana loan portfolio, he said. Of TierOne's $3.34 billion loan portfolio, more than $1 billion are real estate loans, mainly loans credit report Indiana to builders and developers. These loans have suffered a devastating decay in quality because of flagging property values. The bank squirreled away $68 million to cover bad loans last year, credit report Indiana a fivefold increase from 2006 and 2005 combined. CapitalSource's stock jumped $1.15, or 11.2 percent, to close at $11.38 Monday. EmployeeScreen University
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