CapitalSource Swings to FY Profit Helped by Tax Benefit
CapitalSource reported 2012 FY net income was $491 million compared to a net loss of $52 million the previous year. Results included a tax benefit of $370 million and provision charges that were $54 lower. Funded Bank segment Q4 volume of $843 million was up 27% compared to Q4/11.
January 30, 2013
CapitalSource | Tax Benefit CapitalSource
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