| IPO Company Profile |
| SEC Filings | Peer IPO Companies | Company's Home Page |
| Offitbank Holdings, Inc. |
| 520 Madison Avenue, New York, NY 10022 * (212) 958-9600 |
| The company is a leading provider of wealth management services to the upper tier of the wealth management market. |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Schroder Wertheim & Company, Incorporated | Co-manager | (212) 492-6900 |
| NYSE: | OFB | Financial: | SIC 6091 | |
| Type of Shares: | Common Shares | Filing Date: | 8/6/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $40,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 108 |
| Issuer's Law Firm: | Skadden, Arps, Slate, Meagher & Flom |
| Bank's Law Firm: | Goodkind Labaton Rudoff & Sucharow LLP |
| Registrar/Transfer Agent: | Bank of New York |
| Auditor: | Pricewaterhouse Coopers LLC |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 6/30/98 | 6/30/97 | 6/30/98 | ||
| Revenue: | $36.09 | $20.54 | $16.89 | Assets: | $32.86 |
| Net Income: | $3.28 | $2.83 | $1.64 | Curr Assets: | |
| EPS: | $0.34 | $0.31 | $0.18 | Liabilities: | $5.82 |
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | $5.85 | $4.20 | $4.77 | Equity: | $27.04 |
| Cash Flow/Fin: | -$1.85 | -$2.98 | -$0.77 | Cash: | $1.53 |
| Cash Flow/Inv: | -$3.15 | -$0.95 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including those associated with the company's plans to expand the business of OFFITBANK. |