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Staten Island Bancorp Closes In On Old High.(B)(NYSE STOCKS IN THE NEWS)
Byline: Christina Wise
Staten Island Bancorp broke out of a 4 1/2-month base in early January. Over the next three weeks, it climbed as high as 20.20 before falling into its current consolidation. It finished Monday 2% short of its high.
The bank, chartered in 1864, serves as the holding company for SI Bank & Trust, which has branches in the New York City area. It also owns SIB Mortgage, which operates under the name Ivy Mortgage.
Its earnings growth has accelerated for the last three quarters, climbing from 21% to 25% to 48% to 61%. The firm is scheduled to report first-quarter earnings on April ...
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