IPO Company Profile
Current Quote | News | SEC Filings | Peer IPO Companies
Pointe Financial Corporation
21845 Powerline Road, Boca Raton, FL 33433 * (561) 368-6300

The company is a bank holding company for Pointe Bank, which serves small and medium-sized businesses as well as professionals and individuals in Florida's Palm Beach, Broward, and Miami-Dade Counties through its three full service banking offices.

Primary Underwriting Group
ManagerTierPhone
Keefe, Bruyette & Woods, Inc.Lead Manager (212) 323-8470
McGinn, Smith & Co., Inc.Co-manager

Offering Information
NASNTL:PNTE Financial: SIC 6712
Type of Shares:Common Shares Filing Date:4/10/98
U.S. Shares:870,000 Offer Date:6/11/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:870,000 Offer Price:$15.38
Secondary Shares:0 Gross Spread:$1.08
Offering Amount: $13,050,000 Selling:$0.65
Expenses:$217,520 Reallowance:$0.10
Post-IPO Shares:2,037,308

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Stuzin and Camner, P.A.
Bank's Law Firm: Brown & Wood
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Hacker, Johnson, Cohen & Grieb

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$13.34Assets:$147.84
Net Income:$0.91Curr Assets:
EPS:$0.68Liabilities:$134.86
Prior EPS:-$0.52Curr Liab:$125.00
Cash Flow/Oper:$4.15Equity:$12.98
Cash Flow/Fin:-$4.35Cash:$2.58
Cash Flow/Inv:-$3.88

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

©1998 IPO Data Systems, Inc. - All rights reserved.