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ZIEGLER REPORTS FOURTH QUARTER EARNINGS

 WEST BEND, Wis., Jan. 13 /PRNewswire/ -- The Ziegler Company, Inc. (AMEX: ZCO) a financial services holding company, today released its preliminary unaudited financial figures for the fourth quarter and full year ended Dec. 31, 1992.
 In the three months ended Dec. 31, 1992, total revenues were $13,209,000 and net income was $1,773,000 or 73 cents per share compared with revenues of $9,231,000 and net income of $484,000 or 19 cents per share for the fourth quarter of 1991.
 For the fiscal year ended Dec. 31, 1992, total revenues were $48,306,000 compared with $41,342,000 for 1991. Net income for 1992 was $5,087,000 or $2.01 per share compared with net income of $3,812,000 or $1.45 per share in 1991.
 Book value per share at Dec. 31, 1992 was $20.14.
 CONSOLIDATED STATEMENTS OF EARNINGS
 Three Months Ended Dec. 31,
 1992 1991
 Revenues before interest
 and dividends $12,610,000 $ 8,681,000
 Interest and dividends 599,000 550,000
 Total revenues 13,209,000 9,231,000
 Operating expenses 9,168,000 7,407,000
 Interest expense 1,143,000 1,037,000
 Income before income taxes 2,898,000 787,000
 Net Income $ 1,773,000 $ 484,000
 Earnings per share of common stock $.73 $.19
 Average number of common shares
 outstanding 2,317,388 2,629,313
 Number of common stockholders 579 603
 Twelve Months Ended Dec. 31,
 1992 1991
 Revenues before interest
 and dividends $46,091,000 $ 38,772,000
 Interest and dividends 2,215,000 2,570,000
 Total revenues 48,306,000 41,342,000
 Operating expenses 35,545,000 31,225,000
 Interest expense 4,521,000 4,034,000
 Income before income taxes 8,240,000 6,083,000
 Net Income $ 5,087,000 $ 3,812,000
 Earnings per share of common stock $2.01 $1.45
 Average number of common shares
 outstanding 2,535,418 2,631,326
 Number of common stockholders 579 603
 -0- 1/13/93
 /CONTACT: Peter D. Ziegler, president and chief executive officer of The Ziegler Company, Inc., 414-334-5521/
 (ZCO)


CO: The Ziegler Company, Inc. ST: Wisconsin IN: FIN SU: ERN

BM -- CL015 -- 4610 01/13/93 17:38 EST
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Publication:PR Newswire
Date:Jan 13, 1993
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