Ziegler Announces Fourth Quarter Year End 2012 Financial Results
February 05 2013 - 4:32PM
OTC Markets
Chicago,
Illinois – February 5, 2013 – The
Ziegler Companies, Inc. (PINKSHEETS: ZGCO), a diversified financial
services holding company, today released its financial results for
the year ending December 31, 2012.
For the quarter ended December 31, 2012, total revenues were
$31,633,000 compared to $23,914,000 in the fourth quarter of
2011. Net income for
the fourth quarter of 2012 was $1,704,000 or $1.45 per basic and
$1.44 per diluted share compared to a net income of $941,000 or
$.80 cents per both basic and diluted share in the fourth quarter
of 2011.
For the full year ended December 31, 2012, total revenues were
$92,483,000 compared to $67,579,000 for the same period in
2011. Net income for
the year was $3,595,000 or $3.02 per basic and $3.00 per diluted
share in 2012 compared to net income of $1,517,000 or $1.27 per
both basic and diluted share for the same period in
2011.
Ziegler’s Chief Executive Officer, Thomas R. Paprocki, commented,
“Ziegler had a strong year. All of our businesses prospered
in 2012, led by our investment banking activities. Revenue volumes
were significantly up in all of our focus sectors - healthcare,
senior living, religion and education. These are growth sectors and
Ziegler continues to show increased profits alongside that
growth. Disciplined
management, associates dedicated to serving clients at the highest
level, and favorable business conditions all contributed to an
extremely profitable year for shareholders. We continue to execute against an
ambitious strategic plan into 2013.” Book value reached $27.03 per
share, which was an increase from $23.85 per share on December 31,
2011. Tangible book value reached $25.70 per share, which was an
increase from $22.99 per share on December 31, 2011. ROE was 12.6%
for 2012.
For access to Ziegler’s press releases and financial statements as
they are released, please visit
www.Ziegler.com.
About Ziegler:
Since 1902,
Ziegler
has grown
to become a full-service, specialty investment bank and
broker-dealer. Ziegler provides its clients with capital raising,
strategic advisory services, equity and fixed income sales &
trading, wealth management, and research. Specializing in
the
healthcare,
senior living,
education,
and
religion
sectors, Ziegler is committed to advancing the health, wealth and
well-being of our clients.
# #
#
Ziegler Companies (CE) (USOTC:ZGCO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ziegler Companies (CE) (USOTC:ZGCO)
Historical Stock Chart
From Jul 2023 to Jul 2024