Execs Cite Efficiencies, Strengthening Economy in Optimistic Forecasts

By Crockett, Barton | American Banker, September 25, 1995 | Go to article overview

Execs Cite Efficiencies, Strengthening Economy in Optimistic Forecasts


Crockett, Barton, American Banker


Top executives at two big western thrifts and Hawaii's biggest bank gave upbeat assessments of their companies' prospects at a Montgomery Securities investment conference here last week.

Richard J. Dahl, president of $12.6 billion-asset Bancorp Hawaii, said his company to benefit from improvements in its asset mix and growth in its trust and mortgage businesses.

Kerry Killinger, chairman and chief executive of Seattle-based Washington Mutual Inc., said his company has a new five-year plan to boost return on assets above 1.2% and return on equity above 18%. At yearend 1994, these important measures of financial performance stood at 1.02% and 14.24%.

Charles R. Rinehart, chairman and chief executive of Irwindale, Calif. based H.F. Ahmanson and Co., said the company expects big efficiency gains from new technologies and a consolidation of back- office operations.

For Bancorp Hawaii, economic growth will be an important factor in increasing earnings. Mr. Dahl said his company now expects annual growth in the range of 1% in 1995 and 2% in 1996, up from the less than 0.5% growth rate of the last four years. Pacing the growth is an uptick in construction, tourism, and nondefense government spending.

"Nineteen ninety-five is turning out, we believe, to be a low point for the construction industry," Mr. Dahl said. A rebound is expected next year.

An increased focus on trust and investment management is expected to grow fees from these services by 12. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Execs Cite Efficiencies, Strengthening Economy in Optimistic Forecasts
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.