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Home > Company Index > Financial Services > Commercial Lending > AMRESCO, INC.

AMRESCO, INC.
Nasdaq: AMMBQ
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 PROFILE
AMRESCO is a commercial finance company, but has behaved more like a salvage operation of late, selling off assets to pay down debt, filing for Chapter 11 bankruptcy protection, and being delisted from the NASDAQ. The formerly diverse financial services firm had provided asset management, commercial mortgage, and residential mortgage banking but sold these lines to Lend Lease Corporation. AMRESCO sold all of its European operations to its European management team. To avert a takeover, the company was forced to pay Mortgage Investors Corp. $25 million and sell that company back to its original shareholders.

 COMPETITION
The CIT Group, Inc. (dossier)
The FINOVA Group, Inc. (FNV)
Heller Financial, Inc. (HF)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 170.70
1-Yr. Sales Growth: (60.3)%
Employees: 218
Revenue per employee: $783,027.52

 KEY PEOPLE
• Randolph E. Brown
    CEO
• Jonathan S. Pettee
    CFO

 CONTACT INFO
700 N. Pearl St., Ste. 2400
Dallas, TX 75201
US
Phone: 214-953-7700
Fax: 214-969-5478
Online: Web Site

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