IndyMac Bancorp, Inc. to Participate in the Fifth Annual JMP Securities Research Conference
March 06 2006 - 7:26PM
Business Wire
IndyMac Bancorp, Inc. (NYSE:NDE) ("Indymac(R)" or the "Company"),
the holding company for IndyMac Bank F.S.B. ("Indymac Bank(R)"),
today announced that it will participate in the Fifth Annual
Research Conference hosted by JMP Securities in San Francisco,
Calif. on Tuesday, March 7, 2006. Michael W. Perry, IndyMac
Bancorp, Inc.'s Chief Executive Officer, will be speaking at the
conference at 7:30 a.m. PT. A simultaneous Webcast of Mr. Perry's
presentation will be available on Indymac's Website at
http://about.indymacbank.com/investors. About Indymac IndyMac
Bancorp, Inc. (NYSE:NDE) (Indymac(R)) is the holding company for
IndyMac Bank F.S.B. (Indymac Bank(R)), the largest savings and loan
in Los Angeles County, and the ninth largest mortgage originator in
the nation. Indymac Bank, operating as a hybrid thrift/mortgage
banker, provides cost-efficient financing for the acquisition,
development, and improvement of single-family homes. Indymac also
provides financing secured by single-family homes and other banking
products to facilitate consumers' personal financial goals. With
this exclusive and disciplined focus on home financing, Indymac
expects to out-execute its peers and become the preeminent provider
of such products in the USA. Indymac's total annualized return to
shareholders of 23 percent for the period 1992 through Feb. 28,
2006, under its current management team, has exceeded the
comparable returns of 12 percent and 11 percent 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
http://about.indymacbank.com/investors. 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 and margins(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 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, including the
assessment of the effects of the Gulf Coast Hurricanes(1) and the
effects of any future hurricanes; the impact of current, pending or
future legislation, regulations(1) 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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