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American National Fncl. (ANFI) Message Board

  • astral_tsar astral_tsar Feb 7, 2003 2:58 PM Flag

    competitive info

     

    Press Release Source: Investors Title Company

    Investors Title Company Announces All-Time Record Quarterly Earnings
    Thursday February 6, 4:50 pm ET

    CHAPEL HILL, N.C., Feb. 6 /PRNewswire-FirstCall/ --
    Investors Title Company (Nasdaq: ITIC - News) today announced operating results for the quarter and year ended December 31, 2002. For the quarter ended December 31, 2002, net income increased 28% to $2,714,640 from $2,119,884, and diluted earnings per share increased 27% to $1.04 from $.82, all compared with the same quarter in the prior year. Net premiums written increased 9% to $20,100,274 and total revenues increased 9% to $21,796,611.

    For the year ended December 31, 2002, net income increased 35% to $8,108,842 or $3.12 per diluted share versus net income of $6,008,998 or $2.31 per diluted share in the prior year. Net premiums written increased 14% to $67,693,617 and total revenues increased 14% to $73,247,340.

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ANFI
12.87+0.46(+3.71%)Jul 11 4:03 PMEDT

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