Cascade Financial Presenting at Sandler O'Neill Financial Services Conference.Business Editors Sandler O'Neill West Coast Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Conference EVERETT, Wash.--(BUSINESS WIRE)--March 3, 2004 Cascade Financial Corp. (Nasdaq: CASB CASB Cost Accounting Standards Board CASB Colorado Association of School Boards CASB Canadian Aviation Safety Board CASB Catalogs and Surveys Branch CASB Chinese Association at Stony Brook CASB Council for the Advancement of Small Business ) today announced that Carol K. Nelson, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , will present at the Sandler O'Neill West Coast Financial Services Conference, taking place at the Four Seasons Resort, Aviara in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. on March 10, 2004. Nelson will review the company's performance drivers and discuss its recently announced plans to acquire Issaquah Bancshares. The company is scheduled to participate in the Pacific Northwest Banking Panel on Wednesday, March 10th at 10:20 a.m. PST PST Paroxysmal supraventricular tachycardia, see there . A live webcast will be available on the Cascade Bank website at www.cascadebank.com or at www.sandleroneill.com. Interested investors may access an audio-only broadcast at 706-645-9215 by requesting the Sandler O'Neill Conference Session 1. For those unable to attend the conference or listen to the live webcast or call, the presentation will be archived through April 10, 2004. Persons interested in listening to the conference should go to the website 15 minutes prior to the start of the conference to register. If necessary, links to download Real Player audio software to hear the presentation will be available as well. Cascade reported record 2003 results on January 27 with improving margin and 10% asset growth contributing to a 19% increase in net income. In 2003, net income increased to $9.6 million, or $1.13 per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share, compared to $8.1 million, or $0.98 per diluted share, in 2002. Return on average equity rose to 15.81% from 15.49% in 2002. Return on average assets grew to 1.13% from 1.05% in 2002. About Cascade Financial Established in 1916, Cascade Bank, the only operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of Cascade Financial Corporation, is a state chartered commercial bank headquartered in Snohomish County, Washington Snohomish County is a county located in the U.S. state of Washington. It is named after the Snohomish tribe. Since 2000, the county's population has grown from 606,024 to 686,300 residents (2007 figures), making it one of the fastest-growing in the state, ranking third in overall . Cascade Bank operates 15 full service offices, located in Everett, Lynnwood, Marysville, Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens and Bellevue. Cascade's newest branch is scheduled to open in Snohomish in May 2004. In June 2003, Washington CEO magazine ranked Cascade Bank the number one medium sized "Best Companies to Work For" in Washington State. About Sandler O'Neill & Partners, L.P. Founded in 1988, Sandler O'Neill & Partners is a full-service investment banking firm dedicated to providing comprehensive, innovative advisory, and transaction execution services to the financial industry. The firm specializes in strategic business planning, mergers and acquisitions, capital markets, mutual-to-stock conversions, investment portfolio and interest rate risk management, fixed income securities transactions, and mortgage finance restructurings. Sandler O'Neill is also a market maker in hundreds of financial stocks and publishes equity and fixed income research focused on selected banks, thrifts and insurance companies, credit card companies, investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , asset managers and specialty finance companies. |
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