ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Friday, January 24, 1997               TAG: 9701240077
SECTION: BUSINESS                 PAGE: A-9  EDITION: METRO 


REPORTED EARNINGS

BellSouth Corp.

4th qtr. ended 12-31 1996 1995

Revenues $5.05 billion $4.77 billion

Net Income $633 million ($161 million)

Share earnings 64 cents (16 cents)

Full year ended 12-31

Revenues $19.04 billion $17.89 billion

Net Income $2.86 billion ($1.23 billion)

Share earnings $2.88 ($1.24)

BellSouth Corp. is the Atlanta-based parent of BellSouth Communication Systems of Roanoke.

Capital One Financial Corp.

4th qtr. ended 12-31 1996 1995

Net Interest Income $113.6 million $65.1 million

Net Income $40.3 million $$37.8 million

Share earnings 60 cents 57 cents

Year ended 12-31

Net Interest Income $365.5 million $208.0 million

Net Income $155.3 million $126.5 million

Share earnings $2.30 $1.90

Capital One Financial Corp. of Falls Church is a consumer lending bank and a major provider of credit cards.

CSX Corp.

4th qtr. ended 12-31 1996 1995

Revenues $2.70 billion $2.71 billion

Net Income $253 million $276 million

Share earnings $1.17 $1.31

CSX Corp., Richmond-based transportation and real estate company, has operations in Western Virginia.

Roanoke Gas Co.

1st qtr. ended 12-31 1996 1995

Revenues $22.4 million $18.0 million

Net Income $1.3 million $1.4 million

Share earnings 90 cents $1.00

Roanoke Gas, based in Roanoke, distributes natural gas in the Roanoke Valley and Bluefield areas and is the parent of Highland Propane Co. It said its lower earnings were the result of warmer weather rather than dampened demand for its fuels.

Sara Lee Corp.

2nd qtr. ended 12-28 1996 1995

Revenues $5.3 billion $4.9 billion

Net Income $317 million $283 million

Share earnings 64 cents 57 cents

6 mos. ended 12-28

Revenues $10.2 billion $9.6 billion

Net Income $523 million $469 million

Share earnings $1.05 94 cents

Sara Lee Corp. is the Chicago-based operator of PYA/Monarch distribution centers in Salem and a knit products distribution center in Martinsville.

Signet Banking Corp.

4th qtr. ended 12-31 1996 1995

Net Interest Income $116.7 million $115.6 million

Net Income $33.6 million $9.0 million

Share earnings 55 cents 15 cents

Year ended 12-31

Net Interest Income $468.8 million $493.2 million

Net Income $124.9 million $111.1 million

Share earnings $2.06 $1.86

Signet Banking Corp. of Richmond is the parent of Signet Bank.

USAir Group Inc.

4th qtr. ended 12-31 1996 1995

Revenues $2.05 billion $1.85 billion

Net Income $27.2 million $60.3 million

Share earnings 8 cents 54 cents

Full year ended 12-31

Revenues $8.14 billion $7.47 billion

Net Income $263.4 million $119.3 million

Share earnings $2.33 55 cents

USAir Group is the Arlington-based parent of USAir, which serves Roanoke Regional Airport.

*Figures in parentheses indicate a loss.


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