|
|
Article: BankAtlantic Bancorp Reports Record Earnings For the Fourth Quarter and Year 2002; Record Fourth Quarter Net Income of $18.1 Million -- An Increase of 72%.
- Article from:
- PR Newswire
- Article date:
- February 6, 2003
CopyrightCOPYRIGHT 2003 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)
|
-- Record Net Income for Year of $50.3 Million -- An Increase of 56%
FORT LAUDERDALE, Fla., Feb. 5 /PRNewswire-FirstCall/ -- BankAtlantic Bancorp, Inc. , the parent company of BankAtlantic, Levitt Companies and Ryan Beck & Co., today announced that Net Income increased 72% to $18.1 million for the fourth quarter of 2002, up from $10.5 million earned in the corresponding period in 2001. On a per share basis, Net Income for the quarter was $0.29, up from $0.19 in the corresponding 2001 quarter. Net Income for the year ended December 31, 2002 was a record $50.3 million, an increase of 56%, compared to $32.2 million in 2001. On a per share basis, Net Income for ...