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BFC FINANCIAL CORPORATION REPORTS THIRD QUARTER RESULTS

 BFC FINANCIAL CORPORATION REPORTS THIRD QUARTER RESULTS
 CORAL GABLES, Fla., Nov. 13 /PRNewswire/ -- BFC Financial Corporation ("BFC") today reported a net loss of $212,000, or $0.23 per share, for the three months ended Sept. 30, 1992, compared to a net loss of $5,515,000, or $3.31 per share, for the comparable period in 1991.
 For the nine months ended Sept. 30, 1992, BFC reported a net loss of $2,950,000, or $2.04 per share, vs. a net loss of $10,337,000, or $6.31 per share, for the same period in 1991. The 1991 amounts include an extraordinary gain of $350,000, or $0.20 per share, related to the early retirement of capital notes at BFC's savings bank subsidiary.
 -0- 11/13/92
 /CONTACT: Glen R. Gilbert of BFC Financial Corporation, 305-665-8100/ CO: BFC Financial Corporation ST: Florida IN: FIN SU: ERN


SS-XX -- FL016 -- 0895 11/13/92 17:01 EST
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Publication:PR Newswire
Date:Nov 13, 1992
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