- Reports net loss of $72 million, or 88 cents per share, on revenues of $3.0 billion - Chargeouts in quarter up 23 percent year-over-year; order backlog up 24 percent
- Finishes year with $311 million in structural cost savings - Ends quarter with $1 billion in manufacturing cash - Remains on track to achieve 8-10 percent EBITDA margin run rate exiting FY2015 LISLE, Ill.
Highlights - 2014 net income of $5.12 million, a 23.77% increase over 2013 earnings - EPS of $0.78 per common share - Increase in cash dividend to $0.07 per common share, the 52nd consecutive quarter of cash dividends paid to common shareholders
- Total assets grew 28.27% to $812.36 million - Major initiatives completed during 2014 included the acquisition of Savannah River Financial Corporation, completion of a purchase and assumption transaction with First South Bank, and opening of a de novo branch in downtown Columbia, South Carolina - Regulatory capital ratios of 10.02% (Tier 1 Leverage) and 16.91% (Total Capital) along with Tangible Common Equity / Tangible Assets (TCE/TA) ratio of 8.48% - Non-performing assets (NPAs) of 1.18% - Cost of total deposits of 0.26% - Diversified revenue model shows continued strength as net-interest income and net-interest margin increased during 2014.
MarineMax, Inc. (NYSE:HZO), the nation's largest recreational boat
retailer, today announced that the Company will hold a conference call
to review its fourth quarter of fiscal 2014 results on Tuesday, November
4, 2014, at 10:00 a.m. Eastern Time.
Transportation Systems, Inc. (NYSE: RRTS), a leading asset-light
transportation and logistics services provider, today announced that it
will host a conference call to discuss its financial results for the
fourth quarter ended December 31, 2014, on Wednesday, February 4, 2015,
at 4:30 p.m. Eastern Time.
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