Maryland-based CapitalSource's rocky quarter
Daily Record, The (Baltimore), May 7, 2008
CapitalSource Inc., of Chevy Chase, a commercial lending, investment and asset management business focused on the middle market, reported first-quarter net income fell to $6.8 million, or 3 cents per diluted share, compared to net income of $78.7 million, or 43 cents per diluted share, for the same period last year.
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Net investment income was $144.4 million for the quarter, a decrease of $1.8 million from the prior quarter. Interest income was $224.4 million in the 2008 quarter, a decrease of $18.2 million from the year-ago period.
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