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PMC CAPITAL REPORTS RESULTS

 MIAMI, Aug. 16 /PRNewswire/ -- PMC Capital, Inc. (AMEX: PMC) located in Dallas and North Miami Beach, Fla., reported net income for the second quarter ended June 30, 1993 of $2,460,743 vs. $1,749,962 for the same period last year, an increase of 40.6 percent. Per share earnings for the same period of time were 23.0 cents vs. 22.5 cents, an increase of 2.2 percent. Revenues for the same period 1993 vs. 1992 were $3,881,524 and $2,916,335 respectively, an increase of 33.1 percent.
 Net income for the six months ended June 30, 1993 was $4,431,216 vs. $3,101,703 for the same period last year, an increase of 42.9 percent. Per share income for the same period was 41.5 cents vs. 40.3 cents, an increase of 3.0 percent. Revenues for the six months ended June 30, 1993 were $7,066,250 vs. $5,400,669 for the same period of last year, an increase of 30.8 percent.
 PMC Capital's president, Lance B. Rosemore, stated, "PMC's profitability has continued to increase on a per share basis. Considering that there was a large increase in the weighted average shares outstanding as a result of our public offering late last year and considering that funding of our 7(a) program had significant governmental delays during the second quarter of 1993, these results reflect the rate of growth of our portfolio and the flexibility of our lending programs. 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 three and six month periods ended June 30, 1993 and 1992:
 PMC CAPITAL, INC.
 THREE MONTHS ENDED JUNE 30 1993 1992 INCREASE
 Revenues $3,881,524 $2,916,335 33.1 pct.
 Net Income $2,460,743 $1,749,962 40.6 pct.
 Earnings Per Share 23.0 cents 22.5 cents 2.2 pct.
 Weighted Average Number of
 Common Shares Outstanding 10,572,030 7,703,943 37.2 pct.
 SIX MONTHS ENDED JUNE 30 1993 1992 INCREASE
 Revenues $7,066,250 $5,400,669 30.8 pct.
 Net Income $4,431,216 $3,101,703 42.9 pct.
 Earnings Per Share 41.5 cents 40.3 cents 3.0 pct.
 Weighted Average Number of
 Common Shares Outstanding 10,564,113 7,581,074 39.3 pct.
 -0- 8/16/93
 /CONTACT: Lance B. Rosemore or Andrew S. Rosemore, 214-380-0044, or Dr. Fredric Rosemore, 305-933-5858, all of PMC Capital/
 (PMC)


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

AW-JB -- FL017 -- 3104 08/16/93 13:09 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
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