ROANOKE TIMES Copyright (c) 1997, Roanoke Times DATE: Tuesday, April 15, 1997 TAG: 9704150079 SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Barr Laboratories Inc.
3rd qtr. ended 3-31 1997 1996
Revenues $84.7 million $60.1 million
Net Income $14.9 million $1.1 million
Share earnings $1.00 8 cents
9 mos. ended 3-31
Revenues $191.7 million $171.7 million
Net Income $18.9 million $5.3 million
Share earnings $1.27 38 cents
Barr Laboratories, which makes generic pharmaceuticals, operates a plant in Bedford County. First-quarter 1997 earnings include a $24.6 million patent settlement with Bayer AG.
Bedford Bancshares Inc.
2nd qtr. ended 3-31 1997 1996
Net Interest Income $1.3 million $1.2 million
Net Income $414,000 $398,000
Share earnings 38 cents 35 cents
6 mos. ended 3-31
Net Interest Income $2.5 million $2.3 million
Net Income $771,000 $753,000
Share earnings 71 cents 67 cents
Bedford Bancshares Inc. is the holding company of Bedford Federal Savings Bank.
NationsBank Corp.
1st qtr. ended 3-31 1997 1996
Net Interest Income $1.9 billion $1.5 billion
Net Income $709 million $513 million
Share earnings 97 cents 85 cents
NationsBank Corp., based in Charlotte, N.C., said its earnings per share increased 14 percent despite the issuance of new shares for the Jan. 7 acquisition of Boatmen's Bankcshares Inc.
Stanley Furniture Co. Inc.
1st qtr. ended 3-30 1997 1996
Revenues $49.6 million $48.2 million
Net Income $2.8 million $1.6 million
Share earnings 55 cents 33 cents
Stanley Furniture, based in Stanleytown, makes residential furniture.
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