| Business Summary | | MFC
Bancorp
Ltd.
is
a
financial
services
company
that
focuses
on
merchant
banking.
The
Company
provides
specialized
banking
and
corporate
finance
services
internationally.
The
Company's
business
focuses
on
providing
finance
and
advisory
services
for
corporate
finance
transactions
and
capital
raising.
The
Company
counsels
clients
on
business
and
financing
strategy
and
the
execution
of
transactions
that
advance
their
strategic
goals,
including
mergers,
acquisitions,
reorganizations
and
divestitures,
and
assist
in
structuring
and
raising
capital. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MFC
Bancorp
Ltd.
is
in
the
financial
services
business
and
its
activities
include
banking,
insurance
and
proprietary
investing/merchant
banking,
and
commercial
lending.
For
the
three
months
ended
3/31/01,
revenues
rose
59%
to
C$44
million.
Net
income
rose
31%
to
C$8.1
million.
Revenues
benefitted
from
increased
merchant
banking
activities.
Earnings
were
partially
offset
by
increased
financial
services
costs
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
30,894;
after
tax
earnings
were
6,287. (Preliminary; reported in thousands of Canadian Dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Smith Director,
Pres and CEO | $470K | Claudio Morandi Pres
of MFC Bank | 343K | Roy Zanatta Director and Sec. | 225K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|