Chicago, IL (PRWEB) April 29, 2014
The Ziegler Companies, Inc. a diversified financial services holding company, today released its financial results for the first quarter ending March 31, 2014.
Thomas R. Paprocki, Chief Executive Officer of The Ziegler Companies, Inc., commented,
“We are pleased with this quarter’s results. Investment Banking was busy closing meaningful transactions while expanding their pipelines of future business. Our institutional trading desks bucked the headwinds that other firms have been reporting, and our Wealth Management business continued its forward progress.”
In the three months ended March 31, 2014, total revenues for the quarter were $18,612,000 compared to $13,170,000 in the first quarter of 2013. Net income in the first quarter of 2014 was $359,000 or 31 cents per basic and diluted share compared to a net loss of $1,122,000 or 96 cents per basic and diluted share in the first quarter of 2013. Book value as of March 31, 2014 was $28.63 per share, an increase from $28.50 per share as of December 31, 2013. Tangible book value as of March 31, 2014 was $27.23 per share, an increase from $27.01 per share as of December 31, 2013.
For access to Ziegler’s press releases and financial statements as they are released, please visit http://www.Ziegler.com.
Since 1902, Ziegler has grown to become a full-service, specialty investment bank and broker-dealer. Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management, and research. Specializing in the healthcare, senior living, education, and religion sectors, Ziegler is committed to advancing the health, wealth and well-being of our clients.
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