Thursday, April 5, 2007

UPDATE 1-Valley National says Q1 profit to beat analysts' view

(Reuters) - The bank-holding company said the sale resulted in a pre-tax gain of $32.3 million, of which $16.4 million will be recorded in the first quarter.

The gain, on an after-tax basis, will add 9 cents a share to its first-quarter earnings, the company said in a statement.


Read more at Reuters.com Market News

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