Extract
American General reports first quarter results.
HOUSTON--(BUSINESS WIRE)--April 23, 1996--American General Corporation (NYSE:AGC), one of the nation's largest diversified financial services organizations, today reported record first quarter operating earnings in two of three business segments and the beginning of a recovery in the consumer finance segment.
On a consolidated basis, first quarter operating earnings were $152 million or $.73 per share. This compares to operating earnings of $174 million or $.85 per share for the first quarter of 1995. Net income, which includes realized investment gains, was $169 million or $.81 per share compared to $175 million or $.85 per share in the first quarter of 1995. Following is a comparative table of first quarter results for 1996 and 1995: -0- Quarter Ended March 31, -----------...See the full content of this document
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