Camco Financial Announces Strong Fourth Quarter and Year 2005 Results.

Business Wire › January 20, 2006

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Camco Financial Announces Strong Fourth Quarter and Year 2005 Results.

CAMBRIDGE, Ohio -- Camco Financial Corporation (Nasdaq:CAFI) announced a 32% increase in net earnings for the quarter ended December 31, 2005 of $2.47 million or $.32 per basic share as compared with $1.87 million or $.24 per basic share for the same quarter in 2004 which excludes the impact of certain extraordinary items. Camco's reported net earnings for the quarter ended December 31, 2005 were $2.47 million or $.32 per basic share as compared with a reported net earnings loss of $6.57 million or $.89 per basic share for the same quarter in 2004. The reported earnings in the quarter ended December 31, 2004 included extraordinary items such as the restructuring of a significant portion of Federal Home Loan Bank (FHLB) borrowings amounting to a net loss of $1.63 per share and the sale of two ban...

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