Golden West profit grows 17 pct on mortgages - 2004-01-22
Golden West Financial Corp. , the second biggest U.S. savings-and-loan, on Thursday declared fourth-quarter profit rose 17 percent, aided by demand for adjustable-rate mortgages.
The Oakland, California-based parent of World Savings Bank said net income rose to $290.7 million, or $1.88 a share, from $249.4 million, or $1.60 a share, a year earlier.
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