NewAlliance Bancshares Inc.(NAL) announced that its fourth-quarter net income was $12.1 million, an increase of 25.7% from $9.6 million for the fourth quarter of 2008. Earnings per share were $0.12 compared to $0.10 per share for the prior year fourth quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $53.5 million, an increase of 12.0% over $47.8 million for the same period a year ago. Non-interest income for the fourth quarter of 2009 was $13.2 million, up 7.6% from $12.3 million in the fourth quarter of 2008.
The Company also announced that its Board voted to pay a quarterly dividend of $0.07 per share on February 18, 2010 to shareholders of record on February 8, 2010. This will be the Company's 23rd consecutive quarterly dividend paid.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.