HomeFed Corp.: HomeFed Corp. announced that its...
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HomeFed Corp.: HomeFed Corp. announced that its first-quarter net income increased to $30.5 million, up 23% from the same period last year. Revenue for the quarter totaled $448.2 million, a gain of 24%. HomeFed is the parent company of Home Federal Savings & Loan, which operates 200 banking offices in California and lending offices in Florida, Georgia and Virginia. The firm credited the earnings increase to healthy gains in all revenue-producing areas.
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