IndyMac Bancorp's Earnings Webcast & Teleconference Call for Third Quarter 2005 Financial Results
October 06 2005 - 8:00AM
Business Wire
IndyMac Bancorp, Inc. (NYSE: NDE) ("IndyMac" or the "Company"), the
holding company for IndyMac Bank(R) F.S.B., will hold a
presentation for the investment community on Monday, October 31,
2005, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to review
third quarter 2005 financial results, which are scheduled to be
released before the market opens on October 31st. A live audio
webcast of the presentation will be hosted by Michael W. Perry,
Chairman and Chief Executive Officer. A slide presentation will
accompany the Webcast/conference call and can be accessed along
with IndyMac's Form 10-Q via IndyMac Bank's home page at
www.indymacbank.com. If you would like to participate: -- Please
R.S.V.P. for the call at (800) 289-0579 or (719) 457-2550
(international) access code #8790495. -- Internet Webcast access
will be available at: http://www.indymacbank.com -- The telephone
dial-in number is (800) 500-0177 or (719) 457-2679 (international)
access code #8790495; and -- The replay number is (888) 203-1112 or
(719) 457-0820 (international) access code #8790495 To participate
on the call, please dial in 15 minutes prior to the scheduled start
time. The conference call will be replayed continuously beginning
two hours after the call on October 31st through 1:00 a.m. ET on
Nov. 8 and will be available on IndyMac's Website at
www.indymacbank.com. IndyMac Bancorp, Inc. is the holding company
for IndyMac Bank(R), the largest savings and loan in Los Angeles
County and the tenth largest nationwide (based on assets). Through
its hybrid thrift/mortgage banking business model, IndyMac is in
the business of designing, manufacturing, and distributing
cost-efficient financing for the acquisition, development and
improvement of single-family homes. IndyMac also provides financing
secured by single-family homes to facilitate consumers' personal
financial goals and strategically invests in single-family
mortgage-related assets. IndyMac utilizes its award-winning
e-MITS(R) technology platform to facilitate automated underwriting,
risk-based pricing and rate lock of home loans on a nationwide
basis via the Internet at the point of sale. IndyMac provides
mortgage products and services through various mortgage banking
divisions and invests in certain of its mortgage loan production
and mortgage servicing for long-term returns. IndyMac Bank also
offers a wide array of Web-enhanced banking services, including
deposits, competitive CD and money market accounts, and online bill
payment services. IndyMac Bank is FDIC insured. IndyMac's total
annualized return to shareholders of 24% for the period Dec. 31,
1992 through September 30, 2005, under its current management team,
has exceeded the comparable returns of 12% and 11% for the Dow
Jones Industrial Average and S&P 500, respectively, for the
same period. For more information about IndyMac and its affiliates,
or to subscribe to the Company's Email Alert feature for
notification of Company news and events, please visit our Website
at www.indymacbank.com. FORWARD-LOOKING STATEMENTS Certain
statements contained in this press release may be deemed to be
forward-looking statements within the meaning of the federal
securities laws. The words "anticipate," "believe," "estimate,"
"expect," "project," "plan," "forecast," "intend," "goal,"
"target," and similar expressions identify forward-looking
statements that are inherently subject to risks and uncertainties,
many of which cannot be predicted or quantified. Actual results and
the timing of certain events could differ materially from those
projected in or contemplated by the forward-looking statements due
to a number of factors, including the completion of the quarterly
internal certification process, the effect of economic and market
conditions including industry volumes(1); the level and volatility
of interest rates(1); the Company's hedging strategies, hedge
effectiveness and asset and liability management(1); the accuracy
of subjective estimates used in determining the fair value of
financial assets of IndyMac; the credit risks with respect to our
loans and other financial assets; the impact of changes in
financial accounting standards(1); the actions undertaken by both
current and potential new competitors(1); the availability of funds
from IndyMac's lenders and from loan sales and securitizations, to
fund mortgage loan originations and portfolio investments; the
execution of IndyMac's growth plans and ability to gain market
share in a significant market transition(1); the impact of
disruptions triggered by natural disasters; the impact of current,
pending or future legislation, regulations or litigation; and other
risk factors described in the reports that IndyMac files with the
Securities and Exchange Commission, including the Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q, and its reports on Form
8-K. (1) While all of the above items are important, the
highlighted items represent those that, in management's view, merit
increased focus given current conditions.
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