|
|
Article: Mark Twain's 11.6 percent increase in fourth quarter pushes quarterly earnings to record level. (Mark Twain Bancshares Inc.)
- Article from:
- PR Newswire
- Article date:
- January 18, 1991
CopyrightCOPYRIGHT 1991 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)
|
MARK TWAIN'S 11.6 PERCENT INCREASE IN FOURTH QUARTER
PUSHES QUARTERLY EARNINGS TO RECORD LEVEL
ST. LOUIS, Jan. 18 /PRNewswire/ -- Mark Twain Bancshares, Inc. (NASDAQ: MTWN) today reported an 11.6 percent increase in fourth quarter 1990 earnings over the like period in 1989. Fourth quarter net income of $5.074 million is the record high in one quarter for the 27-year-old company.
Primary earnings per share were $0.64, up 10.3 percent from $0.58 in the like period of 1989. Fully diluted earnings per share were $0.62, an increase of 12.7 percent from $0.55 in the like period of 1989. Tax equivalent net interest income increased ...