Associated Banc-Corp. (
ASBC: chart), banking service operator, said that its earnings fell to $73.4 million, or 57 cents per share, from $81.7 million, or 60 cents per share, during the same period a year ago. Net interest income, or income from loans and deposits, fell 5% to $159 million from $166.9 million last year. Noninterest income, or income from fees and charges, grew 17 percent to $82.7 million from $70.8 million.
Matthews International Corp. (
MATW: chart), maker of memorials, said that its net income for the quarter rose to $18.5 million, or 58 cents per share, compared with $16.9 million, or 52 cents per share, during the same period last year. Revenue grew 12% to $203 million, versus $181.1 million last year.
MoneyGram International Inc. (
MGI: chart), money order and transfer company, said that its quarterly earnings totaled $29.8 million, or 35 cents per share, compared with $30.9 million, or 36 cents per share, in the same period a year ago. The latest quarter included 3 cents per share in cash flow recoveries on previously impaired investments and income from limited partnership interests. Revenue grew 18% to $310.1 million against $263.7 million in the same period a year earlier.
Pool Corp. (
POOL: chart), wholesale distributor of swimming pool supplies, said that it earned $1.4 million, or 3 cents per share, down from $6.4 million, or 12 cents per share, during the same period a year ago. Revenue grew 7% to $373.7 million versus $348.6 million in the same period a year earlier.
Texas Capital Bancshares Inc. (
TCBI: chart), holding company operator, said that its first-quarter net earnings increased to $7.62 million, or 29 cents per share, compared with $6.6 million, or 26 cents per share, in the year-ago period. Net interest income was $31.7 million for the first quarter of 2007, up from $26.9 in the comparable period last year.