CapitalSource / CSE

About CapitalSource

4445 Willard Ave., 12th Floor, Chevy Chase, Md. 20815
www.capitalsource.com | 301-841-2700 | Founded: 2000

Industry: Financial Services | Category: Public Companies

The lender is giving up its status as a real estate investment trust, buying the assets of a California bank and moving to become a bank holding company. That purchase in July gives CapitalSource access to cash, which is key when lending has dried up. In October, the company delayed the initial public offering of its health-care REIT. CapitalSource has also boosted its allowance for loan losses and strengthened reserves.

2008 Financial Data

Revenues: $1,349,455,000 | Net Income: $-222,624,000
Asssets: $18,414,900,000 | Earnings Per Share: $-0.89
Stockholder Equity: $2,839,121,000 | Annual Dividend: $1.30
Total employees: 716 | Local employees: 300