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METRO FINANCIAL CORPORATION ANNOUNCES PAYMENT OF STOCK DIVIDEND

 ATLANTA, Aug. 20 /PRNewswire/ -- Metro Financial Corporation (NASDAQ-NMS: MFIN), the parent company of Metro Bank in Atlanta, will pay a 10 percent stock dividend, President and Chief Executive Officer Rayburn J. Fisher Jr. announced.
 The 10 percent stock dividend is payable on Sept. 17 to shareholders of record as of Sept. 8.
 Metro Financial Corporation recently reported net income of $383,885, or $.31 per share, for the second quarter of 1993, up from $246,895, or $.21 per share, for the second quarter one year ago. Metro has total assets of $149.4 million and is headquartered in Sandy Springs with an office in Buckhead.
 The company's stock is listed on the NASDAQ National Market System under the symbol MFIN.
 -0- 8/20/93
 /CONTACT: Dede Bowles of Metro Financial, 404-255-8550/
 (MFIN)


CO: Metro Financial Corporation ST: Georgia IN: FIN SU: DIV

BN-BR -- AT007 -- 4724 08/20/93 14:32 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
Words:152
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