The diversified real estate services company has announced earnings of $11.3 million or $1.37 per diluted share, compared with earnings of $2 million or $.25 per diluted share for the year ended December 31, 2000. Revenues for the twelve-month period ended December 31, 2001 were $136.0 million, compared with revenues of $82.7 million for the previous year.
"Our outstanding fourth quarter results completed the most profitable year in the Company's history with net income exceeding $11 million," says Michael C. Lowther, the firm's chairman of the board and CEO. "Record fourth quarter open orders coupled with strong January order volume positions us for continued growth, both in our core title business and in our ancillary service businesses."
American National Financial, Inc. provides title insurance services and other real estate-related informational services through its subsidiaries in California, Arizona and New York through approximately 85 branch offices.
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