The Ohio regional bank said third-quarter earnings more than doubled as interest income rose and loan defaults eased. The bank reported net income of $373 million, or 40 cents per share, up from $175 million, or 22 cents, a year earlier. Analysts expected 33 cents. CEO Kevin Kabat said a boost in net interest income helped drive growth. The bank also raised its dividend for the second time this year.
For more from BostonGlobe.com, sign up or log in below
To continue, please sign up or log in to BostonGlobe.com
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Sign up
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Are you a Boston Globe home delivery subscriber?
Get FREE access as part of your print subscription.
BostonGlobe.com subscriber
Click to continue reading this article or to log in to BostonGlobe.com.


