Printer Friendly

PMC CAPITAL, INC. REPORTS THIRD QUARTER RESULTS

 PMC CAPITAL, INC. REPORTS THIRD QUARTER RESULTS
 DALLAS, Nov. 10 /PRNewswire/ -- PMC Capital, Inc. (AMEX: PMC), based


in Dallas, reported net income for the third quarter ended Sept. 30, 1992 of $1,659,976 vs. $1,216,742 for the same period last year, an increase of 36.4 percent. Per share earnings for the same period of time was 19.3 cents vs. 17.7 cents, an increase of 9.0 percent. Revenues for the same period 1992 vs. 1991 were $3,122,064 and $2,274,428 respectively, an increase of 37.3 percent.
 Net income for the nine months ended Sept. 30, 1992 was $4,761,679 vs. $3,091,145 for the same period last year, an increase of 54.0 percent. Per share income for the same period was 59.6 cents vs. 47.5 cents, an increase of 25.5 percent. Revenues for the nine months of 1992 were $8,522,733 vs. $6,070,340 for the same period of last year, an increase of 40.4 percent.
 PMC Capital's president, Lance B. Rosemore, stated, "Even considering the increased number of shares from our recent secondary public offering, PMC's profitability has continued to keep pace. PMC's subsidiary, First Western SBLC, Inc., was the fourth largest volume SBA Lender in the country during the year ended Sept. 30, 1992 at $67,059,724 in new guarantees issued by SBA. Dividends have increased in each of the last nine quarters."
 PMC CAPITAL, INC.
 Three Months Ended Sept. 30
 1992 1991 Pct. Increase
 Net Income $1,659,976 $1,216,742 36.4 pct.
 Per Share 19.3 cents 17.7 cents 9.0 pct.
 Revenues $3,122,064 $2,274,428 37.3 pct.
 Weighted Average
 Shares 8,477,566 6,734,823 25.9 pct.
 Nine Months Ended Sept. 30
 1992 1991 Pct. Increase
 Net Income $4,761,679 $3,091,145 54.0 pct.
 Per Share 59.6 cents 47.5 cents 25.5 pct.
 Revenues $8,522,733 $6,070,340 40.4 pct.
 Weighted Average
 Shares 7,882,266 6,367,018 23.8 pct.
 -0- 11/10/92 R
 /CONTACT: Andrew S. Rosemore or Lance B. Rosemore of PMC Capital, 214-380-0044/
 (PMC) CO: PMC Capital, Inc. ST: Florida, Texas IN: FIN SU: ERN


AW-AK -- FL013X -- 9589 11/11/92 08:10 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 11, 1992
Words:392
Previous Article:PRIMERICA FINANCIAL SERVICES PLANS DRIVE TO 'RELEAF' SOUTH FLORIDA; CITY OF HOMESTEAD DESIGNATED AS FIRST RECIPIENT
Next Article:AIR CANADA SLASHES FARES AND EXPANDS SERVICES BETWEEN FLORIDA AND CANADA
Topics:


Related Articles
PMC CAPITAL REPORTS THIRD QUARTER RESULTS
PMC CAPITAL, INC. REPORTS THIRD QUARTER RESULTS
PMC CAPITAL REPORTS OPERATING RESULTS
PMC CAPITAL ANNOUNCES THIRD QUARTER EARNINGS OF $.25 PER SHARE, A 29.5 PERCENT INCREASE OVER THE PRIOR YEAR'S COMPARABLE QUARTER
PMC CAPITAL ANNOUNCES FIRST QUARTER EARNINGS OF 18.6 CENTS PER SHARE
PMC CAPITAL ANNOUNCES SECOND QUARTEREARNINGS OF 23.3 CENTS PER SHARE
PMC CAPITAL ANNOUNCES THIRD QUARTER EARNINGS
PMC CAPITAL ANNOUNCES RECORD THIRD QUARTER EARNINGS OF $0.269 PER SHARE
PMC CAPITAL ANNOUNCES FOURTH QUARTER AND ANNUAL EARNINGS
PMC Capital, Inc. Announces Second Quarter Results

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters