Redwood Capital Bancorp Reveals Retreat In Q1 Profit

Redwood Capital Bancorp (RWCB.OB) revealed a profit for first quarter that decreased from the same period last year

The company's earnings came in at $1.15 million, or $0.59 per share. This compares with $1.36 million, or $0.70 per share, last year.

Redwood Capital Bancorp earnings at a glance (GAAP) :

-Earnings: $1.15 Mln. vs. $1.36 Mln. last year.
-EPS: $0.59 vs. $0.70 last year.

by RTTNews Staff Writer

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