Wednesday, 27 July 2016

Prosperity's Energy Exposure Shrinks, But 2Q Profit Drops Anyway

The energy sector downturn led to lower second-quarter profit at Prosperity Bancshares in Houston, which continued to shrink the size of its book of oil and gas loans in response.

source http://www.americanbanker.com/news/national-regional/prosperitys-energy-exposure-shrinks-but-2q-profit-drops-anyway-1090432-1.html

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