Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

February 06, 2016 11:08 AM ET

Thrifts and Mortgage Finance

Company Overview of Hudson City Bancorp, Inc.

Company Overview

As of November 1, 2015, Hudson City Bancorp, Inc. was acquired by Wilmington Trust Corporation. Hudson City Bancorp, Inc. operates as the holding company of Hudson City Savings Bank that provides various banking products and services in the United States. Its deposit products include passbook and statement savings accounts, interest-bearing transaction accounts, checking accounts, money market accounts, and time deposits, as well as IRA accounts and qualified retirement plans. The company’s loan portfolio comprises one-to four-family residential first mortgage loans; multi-family and commercial mortgage loans; construction loans; consumer loans consisting of fixed-rate second mortgage loans ...

West 80 Century Road

Paramus, NJ 07652

United States

Founded in 1868

1,438 Employees



Key Executives for Hudson City Bancorp, Inc.

Hudson City Bancorp, Inc. does not have any Key Executives recorded.

Hudson City Bancorp, Inc. Key Developments

Hudson City Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Hudson City Bancorp, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company has posted net interest income of $37,231,000 against $104,938,000 a year ago. Loss before income tax expense was $21,193,000 against income before income tax expense of $62,331,000 a year ago. Net loss was $16,814,000 or $0.03 basic and diluted per share against net income of $62,331,000 or $0.03 basic and diluted per share a year ago. For the nine months, the company has posted net interest income of $169,415,000 against $354,956,000 a year ago. Income before income tax expense was $47,121,000 against $198,470,000 a year ago. Net income was $24,733,000 or $0.05 basic and diluted per share against $118,829,000 or $0.24 basic and diluted per share a year ago. Net cash used in operating activities was $23,427,000 against net cash from operating activities of $129,543,000 a year ago. Purchases of premises and equipment, net was $732,000 compared to $2,494,000 a year ago.

M&T Bank Corp. Plans to Eliminate 24% of Hudson City Bancorp Inc.'s Workforce

M&T Bank Corp. is making plans to pay out approximately $7 million in severance packages to eliminate 24% of Hudson City Bancorp Inc.'s workforce. The company will cut 366 jobs between January and August, most of which will be back-office administrative positions that already exist in Buffalo and other parts of M&T's multi-state footprint. That leaves 1,155 former Hudson City positions that M&T will retain, boosting the latter's overall workforce to more than 16,500. M&T plans to hire about 40 business bankers in New Jersey to join the region's existing commercial lending team, which numbers about 140.

Hudson City Bancorp, Inc.(NasdaqGM:HCBK) dropped from Russell 1000 Index

Hudson City Bancorp, Inc. will be removed from Russell 1000 Index.

Similar Private Companies By Industry

Company Name Region
Washington Mutual Preferred Funding Trust III United States
Rocky Ford Financial, Inc. United States
Longbridge Financial, LLC United States
Pathway Financial, LLC United States
Mortgage Delivery Specialists LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Hudson City Bancorp, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at