Welcome to our dedicated page for Bbx Capital news (Ticker: BBXIB), a resource for investors and traders seeking the latest updates and insights on Bbx Capital stock.
BBX Capital (BBXIB) is a diversified investment firm active in real estate development, middle market acquisitions, and vacation ownership through its Bluegreen Corporation subsidiary. This page serves as the definitive source for all official company announcements and market-moving developments.
Investors and analysts will find curated press releases covering earnings reports, strategic partnerships, property acquisitions, and operational updates. Our repository includes filings related to BBX Capital's dual focus on real asset management and investments in operating businesses across multiple sectors.
Key content categories include quarterly financial results, joint venture announcements, leadership changes, and strategic initiatives in both its real estate portfolio and middle market holdings. All materials are sourced directly from company disclosures to ensure accuracy.
Bookmark this page for streamlined access to BBXIB's latest business developments. Check regularly for updates impacting the company's diversified portfolio spanning vacation ownership, financial services, and commercial real estate ventures.
BBX Capital reported its financial results for the fourth quarter and year ended December 31, 2022. For Q4 2022, consolidated revenues increased to $107.6 million from $98.2 million in Q4 2021, and net income reached $15.4 million, up from $5.3 million. Yearly, total revenues rose to $342.0 million compared to $313.6 million, but net income fell to $28.0 million from $46.9 million. Diluted earnings per share (EPS) declined to $1.81 from $2.63. The company faces ongoing challenges, including inflation, rising interest rates, and decreased sales transactions anticipated in 2023.
BBX Capital, Inc. (OTCQX: BBXIA, PINK: BBXIB) announced its plans to release financial results for the fourth quarter and full year ended December 31, 2022. A press release detailing these results will be issued after market close on Wednesday, March 15, 2023. BBX Capital is a diversified holding company based in Florida, with principal holdings including BBX Capital Real Estate, BBX Sweet Holdings, and Renin.