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Pioneer Financial Services Inc. reported second-quarter profits rose 12 percent, to $6.02 million, or 55 cents per share, from $5.36 million, or 78 cents per share, a year earlier, when fewer shares were outstanding.
The Schaumburg-based underwriter and marketer of health and life insurance said revenues in the quarter also climbed 11 percent, to $211.4 million from $190.2 million.
For the six months, earnings rose nearly 24 percent, to $12.8 million, or $1.14 per share, from $10.3 million, or $1.52 per share, in the 1995 half. Revenues climbed 8 percent, to $417.6 million, from $384.3 million.
