Hudson City Bancorp Q2 Profit Falls - Quick Facts

(RTTNews) - Hudson City Bancorp, Inc. (HCBK), the holding company for Hudson City Savings Bank , reported that its net income for the second-quarter ended June 30, 2015 fell to $35.7 million from $39.2 million last year. Earnings per share amounted to $0.07, compared to earnings per share of $0.08 in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the latest second quarter decreased to $56.6 million from $117.7 million in the comparable quarter last year, while total non-interest income for the current quarter rose to $68.6 million from $21.2 million in the prior year.

Further, the Company also reported that the Board of Directors declared a quarterly cash dividend of $0.04 per share payable on September 2, 2015 to shareholders of record on August 13, 2015.