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PMC CAPITAL REPORTS OPERATING RESULTS

 NORTH MIAMI BEACH, Fla., May 3 /PRNewswire/ -- PMC Capital, Inc., (AMEX: PMC), located in North Miami Beach, Fla. and Dallas, reported an operating profit of $1,970,473 for the first quarter ended in March 31, 1993 vs. $1,354,741 for the comparative quarter of last year, a 45.8 percent increase. Per share earnings for the same period of time was 18.5 cents vs. 17.8 cents, an increase of 3.9 percent. Revenues for the same period of 1993 vs. 1992 were $3,173,726 and $2,484,334 respectively, an increase of 27.7 percent.
 PMC Capital's President Lance B. Rosemore stated, "PMC's profitability has continued to increase on a per share basis even though there is a 41.5 percent increase in the weighted average shares outstanding during the quarter ended March 31, 1993 as compared to 1992 as a result of our recent public offering. Demand for our lending programs remain strong and the resultant portfolio growth should enhance future profitability."
 The following table contains comparative selected financial data for the quarters ended March 31, 1993 and 1992.
 PMC CAPITAL, INC.
 INCREASE
 THREE MONTHS ENDED MARCH 31 1993 1992 PERCENT
 Net Income $1,970,473 $1,351,741 45.8 pct.
 Earnings Per Share 18.5 cents 17.8 cents 3.9 pct.
 Revenues $3,173,726 $2,484,334 27.7 pct.
 Weighted Average Shares
 Outstanding 10,556,196 7,457,995 41.5 pct.
 -0- 5/3/93
 /CONTACT: Fredric Rosemore of PMC Capital, 305-933-5858/
 (PMC)


CO: PMC Capital, Inc. ST: Florida IN: FIN SU: ERN

AW-JB -- FL003 -- 3623 05/03/93 09:31 EDT
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Publication:PR Newswire
Date:May 3, 1993
Words:274
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