Business News • MarketWire • Frontier Financial Corporation Announces Improved Operating Results for the Fourth Quarter 2009 |
Frontier Financial Corporation Announces Improved Operating Results for the Fourth Quarter 2009 |
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Frontier Financial Corporation Announces Improved Operating Results for the Fourth Quarter 2009
EVERETT, WA--(Marketwire - January 29, 2010) - Frontier Financial Corporation (NASDAQ: FTBK)
today announced results for the quarter and year ended December 31, 2009.
For the three months ended December 31, 2009, the Corporation reported a
net loss of $33.9 million, or ($7.19) per diluted share, compared to a net
loss of $141.1 million, or ($29.93) per diluted share, for the three months
ended September 30, 2009, and net loss of $89.5 million, or ($19.03) per
diluted share, for the three months ended December 31, 2008. For the year
ended December 31, 2009, the Corporation reported a net loss of $258.8
million, or ($54.91) per diluted share, compared to a net loss of $89.7, or
($19.10) per diluted share, a year ago. All results reflect the
one-for-ten reverse stock split, which was effective November 24, 2009.
View More : http://www.marketwire.com/mw/release.do?id=1109272&sourceType=3
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