Chicago, IL (PRWEB) February 07, 2013
The Ziegler Companies, Inc. (PINKSHEETS: ZGCO), a diversified financial services holding company, today released its financial results for the year ending December 31, 2012.
For the quarter ended December 31, 2012, total revenues were $31,633,000 compared to $23,914,000 in the fourth quarter of 2011. Net income for the fourth quarter of 2012 was $1,704,000 or $1.45 per basic and $1.44 per diluted share compared to a net income of $941,000 or $.80 cents per both basic and diluted share in the fourth quarter of 2011.
For the full year ended December 31, 2012, total revenues were $92,483,000 compared to $67,579,000 for the same period in 2011. Net income for the year was $3,595,000 or $3.02 per basic and $3.00 per diluted share in 2012 compared to net income of $1,517,000 or $1.27 per both basic and diluted share for the same period in 2011.
Ziegler’s Chief Executive Officer, Thomas R. Paprocki, commented, “Ziegler had a strong year. All of our businesses prospered in 2012, led by our investment banking activities. Revenue volumes were significantly up in all of our focus sectors - healthcare, senior living, religion and education. These are growth sectors and Ziegler continues to show increased profits alongside that growth. Disciplined management, associates dedicated to serving clients at the highest level, and favorable business conditions all contributed to an extremely profitable year for shareholders. We continue to execute against an ambitious strategic plan into 2013.”
Book value reached $27.03 per share, which was an increase from $23.85 per share on December 31, 2011. Tangible book value reached $25.70 per share, which was an increase from $22.99 per share on December 31, 2011. ROE was 12.6% for 2012.
For access to Ziegler’s press releases and financial statements as they are released, please visit http://www.Ziegler.com.