Sunday, Oct 23, 2016
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Sky Financial posts decline for quarter

BOWLING GREEN - Sky Financial Group Inc. reported a second-quarter profit yesterday of $45.1 million, or 41 cents a share, down 6 percent from $47.8 million, or 45 cents a share, for the same period last year.

An accounting change regarding derivatives reduced the profit, the banking firm said. The company reported net interest income of $133 million, up from $128 million a year ago, and assets of $15.7 billion, up from $15.1 billion.


Health Care REIT Inc. of Toledo declared a quarterly dividend yesterday of 64 cents a share, payable Aug. 21 to holders of record July 31.

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