FBR & Co. (FBRC) Tops Q4 EPS by 9c

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FBR Reports Fourth Quarter and Full Year 2014 Financial Results

February 10, 2015 5:15 PM EST

ARLINGTON, Va., Feb. 10, 2015 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq: FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net after-tax earnings of $17.0 million, or $1.48 per diluted share for the year ended December 31, 2014, compared to net after-tax earnings of $92.9 million, or $7.17 per diluted share in 2013. Pretax income for 2014 was $17.4 million on revenue of $182.1 million compared with $57.3 million on revenue of $259.8 million in 2013.

For the quarter ended December 31, 2014, net after-tax earnings were $0.9 million, or $0.09 per diluted share, compared to net after-tax earnings of $8.6 million, or $0.69 per diluted share... More