Mixed earnings reports for banking and real estate companies
IN THIS ARTICLE
- Banking & Finance Topic
- Madeleine Benn Author
By Madeleine Benn Friday, November 4th, 2022
With economic uncertainty becoming the new norm, five banks and other financial companies in the tri-county region released earnings reports recently, to varying results. Two of the region’s banks reported earnings growth for the third quarter, while companies in the real estate financial sector face headwinds from rising interest rates. PENNYMAC FINANCIAL PennyMac Financial Services,…