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Susquehanna Bancshares Inc

 
Hoover's Profile: Susquehanna Bancshares, Inc.
(NASDAQ (GS):SUSQ)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Susquehanna Bancshares, Inc.
26 N. Cedar St.
Lititz, PA 17543
PA Tel. 717-626-4721
Fax 717-626-1874

Type: Public
On the web: http://www.susquehanna.net
Employees: 3,271
Employee growth: (1.9%)

Like the river it shares a name with, Susquehanna Bancshares rolls down the eastern seaboard. The multibank holding company serves individuals and regional businesses through more than 230 branches in south-central and southeastern Pennsylvania, Maryland, New Jersey, and West Virginia. Subsidiary Susquehanna Bank offers deposit products, loans, and credit cards. Non-banking subsidiaries provide vehicle leasing, property/casualty insurance, asset management, and brokerage services. Commercial mortgage lending accounts for about 30% of the bank's loan portfolio, while commercial, financial, and agricultural (combined) accounts for some 20%.

Key numbers for fiscal year ending December, 2008:
Sales: $540.6M
One year growth: 36.3%
Net income: $82.6M
Income growth: 19.6%

Officers:
Chairman and CEO; Chairman, Susquehanna Bank: William J. Reuter
President and COO, Susquehanna Bancshares and Susquehanna Bank PA, and Director: Eddie L. Dunklebarger
EVP, CFO, and Treasurer: Drew K. Hostetter

Competitors:
Fulton Financial
M&T Bank
Sovereign Bank

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