/top_stories/article/29727
/top_stories/article/29727

/top_stories/article/29727


From: Reuters
Published January 22, 2008 07:19 AM

National City posts 4th-quarter loss

NEW YORK (Reuters) - National City Corp <NCC.N>, a large U.S. Midwest regional bank battered by the housing downturn, on Tuesday posted a $333 million fourth-quarter loss, hurt by mounting credit losses and write-downs.

The loss for Cleveland-based bank was 53 cents per share, and compared with a profit of $842 million, or $1.36 per share, a year earlier.

(Reporting by Jonathan Stempel; Editing by Derek Caney)

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