HCBK (MM)

Stocks throughout the Savings and Loans space have been on the downswing of late as a slow economy and uncertainty over government regulations has weighed on these banking shares. While these stocks have been exceptionally volatile of late, companies in the sector have posted strong earnings over the past several quarters thanks to improving credit which allows them to release loan loss provisions to earnings. The Bedford Report examines the outlook for the Savings and Loans Industry and provides equity research 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/HCBK

www.bedfordreport.com/NYB

The Federal Deposit Insurance Corporation (FDIC) explains that banks are posting stronger profits despite weak revenues due to stronger balance sheets and better capital positions. The FDIC said the banking institutions it insures recorded $28.8 billion in net income over the April-June period, up 38 percent year-on-year. The increase marked the eighth straight quarter in which earnings moved in a positive direction, although revenue fell for the second quarter in a row.

The Bedford Report releases stock research 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.

Theoretically, the low interest rate environment -- which the Federal Reserve has insisted will remain intact until at least 2013 -- is intended to encourage the debt appetites of businesses and consumers. However, loan growth continues to lag in the regional banking space.

Despite new government regulations and consistently low interest rates, companies in the Savings & Loans Industry continue to pay some of the largest dividends in the Financial Sector. New York Community Bancorp presently pays an annual dividend of one dollar per share for a hefty yield 8.4 percent. Hudson City Bancorp currently pays an annual dividend of 32 cents a share for a yield of around 5.8 percent.

The Bedford Report provides Market 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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