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Article: Mark Twain Bancshares' 1989 earnings rise 12.8 percent to record-high $16,156 million.
- Article from:
- PR Newswire
- Article date:
- January 22, 1990
CopyrightCOPYRIGHT 1990 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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MARK TWAIN BANCSHARES' 1989 EARNINGS RISE 12.8 PERCENT
TO RECORD-HIGH $16,156 MILLION
ST. LOUIS, Jan. 22 /PRNewswire/ -- Mark Twain Bancshares Inc. (NASDAQ: MTWN) today reported a 12.8 percent increase in 1989 net income, which rose to $16,156 million in 1989 from $14,322 million in 1988 and $10,547 million in 1987.
Primary earnings per share increased 7.9 percent to $2.06 from $1.91 in 1988 and $1.44 in 1987. Fully diluted earnings per share increased 7.1 percent to $1.95 in 1989 from $1.82 in 1988 and $1.40 in 1987. Mark Twain recently increased its annual dividend rate 10 percent to 88 cents per share, effective with the ...