CapMAC Holdings Reports Record 1996 Earnings; Regular Quarterly Cash Dividend Declared.
Business Wire › January 29, 1997
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CapMAC Holdings Reports Record 1996 Earnings; Regular Quarterly Cash Dividend Declared.
NEW YORK--(BUSINESS WIRE)--January 29, 1997--CapMAC Holdings Inc. (NYSE:KAP) today reported that net income for full-year 1996 rose to a record $33.6 million, up 43 percent from $23.5 million in full-year 1995. Full-year 1996 primary net earnings per share of $1.92 represent an 11 percent increase over full-year 1995 primary net earnings per share of $1.73. Earnings per share comparisons between 1996 and 1995 periods are affected by the impact of CapMAC Holdings' initial public offering, which increased t...
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