Halifax shares fell 20 points Friday after posting second quarter results, which fell below industry expectations. Chief executive James Crosby delivered the news Friday, saying pre-tax profits for the first half ending June 30 rose only 8 percent, while the interim dividend rose one point to 8.5.
The retail net interest margin dropped slightly from 2.27 percent to 2.21 percent, helping to double net lending for the first half.
Topics Trends
Was this article valuable?
Here are more articles you may enjoy.
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Update: Florida’s Home Hardening Plan Is Massive, Popular—and Flawed, Critics Say 
Former Farmers Agent Sued by Insurer Over Sharing Confidential Data 
