The Ziegler Companies, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
July 28, 2014
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The Ziegler Companies, Inc. announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenues were $17,898,000 compared to $18,664,000 in the second quarter of 2013. Net income for the quarter was $292,000 or $0.25 per basic and diluted share compared to a net income of $1,297,000 or $1.08 per basic and $1.07 per diluted share in the second quarter of 2013.
For the six months, the company's total revenues were $36,510,000 compared to $31,834,000 for the same period in 2013. Net income for the period was $651,000 or $0.56 per basic and $0.55 per diluted share in 2014 compared to a net income of $175,000 or $0.15 per basic and diluted share for the same period in 2013. Book value as of June 30, 2014 was $28.80 per share, compared to $28.50 per share as of December 31, 2013. Tangible book value as of June 30, 2014 was $27.43 per share, compared to $27.01 per share at December 31, 2013.
The Ziegler Companies, Inc. (Ziegler) is an investment banking company that provides credit structures and advisory services. The Company serves institutional and individual investors, and small businesses through its wealth management and capital markets distribution channels. Its products and services include Investment Banking, Corporate Finance, MERGERS & ACQUISITIONS, FHA/HUD, Capital Markets, Wealth Management, General Municipal & Structured Finance, and Research. The Company caters to specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. The Company's Corporate Finance is focused on delivering advisory and financing solutions for companies and organizations across the healthcare industry. The Company's MERGERS & ACQUISITIONS include Sell-side Advisory and Buy-side Advisory. The Company focuses on general municipal and structured finance.