FBR & Co. (FBRC) Reports Q4 Loss of Per Share of $0.59
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FBR & Co. Reports Fourth Quarter and Full Year 2015 Financial Results
February 10, 2016 5:38 PM ESTFinancial Highlights for the Year Ended December 31, 2015:
Net revenues of $120.4 millionNet loss of $7.5 million, or $0.92 per shareLowered non-compensation fixed expenses to $41.9 millionReturned $48.9 million to shareholders through the repurchase of 1.9 million shares valued at $45.2 million and through the initiation of quarterly cash dividendsShareholders equity of $211 million and tangible book value per share of $27.83 on December 31, 2015ARLINGTON, Va., Feb. 10, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (NASDAQ: FBRC) ("FBR" or the Company"), a leading investment bank serving the middle market, today reported a net loss of $7.5... More
