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FIDUCIARY TRUST INTERNATIONAL REPORTS RESULTS

 FIDUCIARY TRUST INTERNATIONAL REPORTS RESULTS
 NEW YORK, July 15 /PRNewswire/ -- Fiduciary Trust Company


International today reported earnings and per share data for the three-month and six-month periods ended June 30, 1992 and 1991 as follows:
 FIDUCIARY TRUST COMPANY INTERNATIONAL
 (In thousands except per share data)
 Periods ended Three Months Six Months
 June 30 1992 1991 1992 1991
 Investment management,
 trust, and other
 commissions $ 18,120 $ 17,375 $ 36,334 $ 33,008
 Net interest margin 1,599 1,455 3,060 2,764
 Other income 2,275 1,451 3,582 3,310
 Total 21,994 20,281 42,976 39,082
 Operating expenses 18,312 16,934 35,893 32,801
 Income before taxes 3,682 3,347 7,083 6,281
 Applicable taxes 1,511 1,330 3,006 2,465
 Net income $ 2,171 $ 2,017 $ 4,077 $ 3,816
 Per share data based on
 2,200,000 shares:
 Net income $ 0.99 $ 0.92 $ 1.85 $ 1.73
 Book Value -- -- $ 22.74 $ 20.66
 Dividends $ 0.40 $ 0.40 $ 0.80 $ 0.75
 -0- 7/15/92
 /CONTACT: Michael O. Magdol, vice chairman and chief financial officer of Fiduciary Trust, 212-466-4100/ CO: Fiduciary Trust Company International ST: New York IN: FIN SU: ERN


SM -- NY070 -- 9580 07/15/92 13:18 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
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