Corporate Profile for Anchor Financial Corporation, dated May 14.Myrtle Beach, S.C.--(BUSINESS WIRE)--May 14, 1999-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: May 14, 1999
Company Name: Anchor Financial Corporation
Address: 2002 Oak Street
Myrtle Beach, SC 29577
Main Telephone
Number: 843-448-1411
Internet Home
Page Address
(URL) http://www.anchorfinancialcorp.com
Chief Executive
Officer: Stephen L. Chryst
Chief Financial
Officer: Tommy E. Looper
Investor Relations
Contact: Christie Truette
Business number: 843-946-3105
Public Relations
Contact: Beth Branham
Business number: 843-946-3191
Trading Symbol/
Exchange: AFSC/Nasdaq
Industry: Banking
Market Makers: Wachovia Securities
Knight Securities
First Union Capital Markets
Edgar M. Norris & Co. Inc.
Spear, Leeds & Kellogg
Sterne, Agee & Leach
Sandler & O'Neill & Partners
Company description: Anchor Financial Corporation, with assets of $1.2 billion, is the parent company of the Anchor Bank, M.S. Bailey and Son, Bankers, and Saluda County Bank, and is headquartered in Myrtle Beach, SC. The Corporation has 33 offices in North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and offers a full line of 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. and products including mortgage and trust services. It also offers investment services through its subsidiary Anchor Investor Services and its broker/dealer Raymond James  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . and Associates. The Corporation also plans to enter the insurance industry in 1999. In 1998, Anchor earned $11,424,848, compared with $9,236,950 in 1997, an increase of 23.7%, excluding merger related expenses associated with the acquisitions of ComSouth Bankshares and M&M Financial Corporation. Recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. earnings 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 for the twelve months ended December 31, 1998 were $1.70 compared to $1.38 in 1997, an increase of 23.1%. Anchor Financial's stock trades on the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol AFSC AFSC American Friends Service Committee AFSC Alaska Fisheries Science Center AFSC Air Force Systems Command AFSC Air Force Specialty Code AFSC Air Force Space Command AFSC Armed Forces Services Corporation AFSC Army Field Support Command . It traded in the range of $26 to $46 in 1998. The Corporation's web site address is http://www.anchorfinancialcorp.com. |
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