Company Profile For Hudson City Bancorp Inc

Hudson City Bancorp, Inc. (Hudson City Bancorp) serves as the holding company of its wholly owned subsidiary, Hudson City Savings Bank (Hudson City Savings), retail savings bank offering traditional deposit products, residential real estate mortgage loans and consumer loans. In addition, the Company purchases mortgages and mortgage-backed securities and other securities issued by United States government-sponsored enterprises, as well as other investments permitted by applicable laws and regulations. Its revenues are derived principally from interest on its mortgage loans and mortgage-backed securities, and interest and dividends on its investment securities.

BRIEF: For the nine months 30 September 2009, Hudson City Bancorp, Inc.'s interest income rose 13% to $2.2B. Net interest income after LLP rose 22% to $819.2M. Net income rose 22% to $390.7M. Net interest income reflects higher interest income from mortgage-backed securities available for sale, also reflects lower interest on deposits. Net income also reflects the presence of gain on securities transactions net and higher service charges & other income.