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Golden State Bancorp Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
Publication: Buyside Publication Date: 01-JAN-02 Author: Harting, Bruce ; Micenko, Jack
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COPYRIGHT 2002 Adams Business Media
COMPANY DESCRIPTION:
Based in San Francisco, Golden State Bancorp is the publicly traded parent of California Federal Bank. Cal Fed is the second largest California based depository institution, with $59 billion in assets and 356 branches in California and Nevada. Cal Fed is a full-service, community-oriented bank serving consumers and business customers.
INVESTMENT CONCLUSION:
Despite a focus on California and concerns over the sluggish economy, credit quality at...
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