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Article: Guaranty Financial Corporation Announces Earnings of $643,250 For the Year Ended June 30, 1996, a 71% Increase Over the Previous Year As Deposits Grew to $74.7 Million, a 42% Increase
- Article from:
- PR Newswire
- Article date:
- September 5, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHARLOTTESVILLE, Va., Sept. 5 /PRNewswire/ -- Guaranty Financial Corporation (Nasdaq: GSLC), the unitary holding company operating primarily through its wholly owned subsidiary, Guaranty Savings & Loan, F.A., today reported earnings of $643,250 for the year ended June 30, 1996, as compared with earnings of $376,245 reported in the previous year, a 71% increase. For the three months ended June 30, 1996, Guaranty earned $152,654 as compared with $150,892 in the same quarter last year.
On a per share basis, Guaranty earned 70 cents for the most recent year as compared with 70 cents for the previous year as adjusted for a 2 for 1 stock split which was paid on January ...