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IRWIN FINANCIAL CORPORATION ANNOUNCES QUARTERLY DIVIDEND

 COLUMBUS, Ind., Nov. 16 /PRNewswire/ -- Irwin Financial Corporation (NASDAQ-NMS: IRWN) announced today a quarterly dividend of $0.075 per share, payable to shareholders of record on Dec. 3, 1993. The dividend will be paid on Dec. 17, 1993. This per share level of dividend is unchanged from the prior quarter.
 As previously announced, Irwin Financial's earnings for the three months ended Sept. 30, 1993 were $3,865,849 or $0.66 per share, an increase of 10.0 percent over the third quarter of 1992. Year to date, net income was $11,188,726 or $1.91 per share, as compared to $8,602,709 or $1.49 per share in the first nine months of 1992.
 Irwin Financial Corporation is an interrelated group of financial services companies serving niche markets. The corporation, through its four principal operating subsidiaries -- Inland Mortgage Corporation, Irwin Union Bank and Trust Company, Irwin Union Investor Services, Inc. and Affiliated Capital Corp. -- provides a broad range of commercial, retail and mortgage banking services as well as trust, investment, leasing, and insurance services through 58 offices in 16 states.
 -0- 11/16/93
 /CONTACT: Thomas D. Washburn, 812-376-1769, or Gregory F. Ehlinger, 812-376-1935, both of Irwin Financial/
 (IRWN)


CO: Irwin Financial Corporation ST: Indiana IN: FIN SU: DIV

BM-KL -- CL015 -- 5133 11/16/93 13:29 EST
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Publication:PR Newswire
Date:Nov 16, 1993
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