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CSF HOLDINGS DECLARES 3-FOR-2 SPLIT IN FORM OF 50 PERCENT STOCK DIVIDEND

 MIAMI, Jan. 28 /PRNewswire/ -- CSF Holdings, Inc. (NASDAQ-NMS: CSFCB), parent company of Citizens Federal Bank, has declared a 3-for-2 stock split in the form of a 50 percent stock dividend on its Class B common stock, payable on Feb. 22, 1993, to stockholders of record on Feb. 8, 1993.
 The company's Class B common stock is traded on the NASDAQ National Market System under the symbol CSFCB. There currently are 6,003,251 shares outstanding.
 Earlier this week, CSF Holdings reported record net earnings for 1992. The financial institution quadrupled its net earnings to $48.7 million, or $7.47 per share, after preferred stock dividends. Its return on average assets was 1.1 percent and its return on stockholders' equity was 27.1 percent.
 -0- 1/28/93
 /CONTACT: Morton Trilling, executive vice president of CSF Holdings, 305-978-5454; or John K. Schulte of Schulte, Ross & Aguilar, 350-856-1442, for CSF Holdings/
 (CSFCB)


CO: CSF Holdings, Inc. ST: Florida IN: FIN SU: DIV

AW-JB -- FL007 -- 0142 01/28/93 10:19 EST
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Publication:PR Newswire
Date:Jan 28, 1993
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