Ziegler Announces First Quarter Financial Results

The Ziegler Companies, Inc. a diversified financial services holding company, today released its financial results for the first quarter ending March 31, 2013.

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“We had a quiet start to the year, but momentum is starting to pick up. The transaction pipeline for 2013 is robust, but has shifted in terms of timing. Our year-end results are on target despite the slow start. We are in the right sectors, with the..."

Chicago, IL (PRWEB) April 30, 2013

The Ziegler Companies, Inc. a diversified financial services holding company, today released its financial results for the first quarter ending March 31, 2013.

Thomas R. Paprocki, Chief Executive Officer of The Ziegler Companies, Inc., commented, “We had a quiet start to the year, but momentum is starting to pick up. The transaction pipeline for 2013 is robust, but has shifted in terms of timing. Our year-end results are on target despite the slow start. We are in the right sectors, with the right people and focused on finishing the third year of our strategic plan strong.”

In the three months ended March 31, 2013, total revenues for the quarter were $13,170,000 compared to $18,455,000 in the first quarter of 2012. The net loss in the first quarter of 2013 was $1,122,000 or .96 cents per basic and diluted share compared to net income of $285,000 or 24 cents per basic and diluted share in the first quarter of 2012. Book value as of March 31, 2013 was $26.00, a decrease from $27.03 as of December 31, 2012.    

For access to Ziegler’s press releases and financial statements as they are released, please visit http://www.Ziegler.com.


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