HCBK (MM)

In recent quarters most companies in the Savings and Loans industry have been setting aside less money to cover loan losses. More thorough and cautious credit checks have led to fewer delinquent loans and greater financial stability. While the improving margins helped narrow losses among these banks, long-term growth worries still loom. Loan growth has steadily declined due to economic uncertainties. As evident from the high unemployment numbers, companies are not hiring at the pace most analysts expected, while capital spending is way down. The Bedford Report examines the outlook for companies in the Savings & Loans Industry and provides research reports on Hudson City Bancorp, Inc. (NASDAQ: HCBK) and New York Community Bancorp, Inc. (NYSE: NYB). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-HCBK www.bedfordreport.com/2011-04-NYB

When Hudson City Bancorp reported a year on year drop in profits in its most recent quarter, the company warned that unemployment and the increased role of government-owned companies in the mortgage market may weigh on its results moving forward.

Housing market reform could create opportunities for companies in the savings and loans industry with marginal debt issues. Smaller banks may be able to originate more housing loans as Washington mulls its options regarding government sponsored enterprises.

The Bedford Report releases regular market updates on the Savings and Loans Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Hudson City Bancorp is known for paying one of the largest dividends in the banking sector. The company currently pays an annual dividend of 60 cents for a yield of around 6.2 percent. Following an announcement from the company last month explaining that it that it had completed a restructuring of its balance sheet in order to lower the company's interest rate risk, there is concern that the bank may be forced to lower its dividend.

HCBK industry peer New York Community Bancorp currently pays an annual dividend of $1.00 for a yield of approximately 5.8 percent.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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