Great Western Financial Corp.: The Beverly Hills-based...
Great Western Financial Corp.: The Beverly Hills-based diversified financial services company reported that second-quarter earnings fell to $51.9 million from $64.7 million a year ago. Net interest income rose 4% to $223 million for the period. Loan sales, which had declined sharply in the first quarter, more than doubled to $712 million in the second quarter, although gains on loan sales in the second quarter were $5 million, compared to $24 million in the year-earlier quarter.
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