BNET Industries
Advanta Corp. (ADVN B) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $562.1M
- Profit
- Dec 31 2007
- $72.0M
- Market Cap
- Jul 23 2008
- $238.8M
Latest News and Analysis
Advanta to Report Second Quarter 2008 Results
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced that it will release second quarter 2008 results on Tuesday, July 29, 2008, before the market opens. After the release, Advanta's management will hold a conference call with analysts and institutional investors at 9:00 a.m. Eastern Time. ...
The Receivables Exchange Names Advanta and Ticketmaster Veteran as Chief Financial Officer
Financial Expert Brings More Than Twenty Years of Industry Leadership in High Performance Companies to New Capital Marketplace NEW ORLEANS -- The Receivables Exchange (www.receivablesXchange.com), the world's first online marketplace for real-time trading of accounts receivable, today announced that it has named Ed Millman as Chief Financial Officer....
Advanta Announces Conference Presentation
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced that it will be presenting at the 2008 KBW Diversified Financial Services Conference in New York City on Wednesday, June 4 at 1:20 PM Eastern time. For conference details and a link to a live webcast of the investor...
Advanta Closes Securitizations Backed by Business Purpose Credit Card Receivables
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) announced today that its wholly-owned subsidiary, Advanta Business Receivables Corp., has priced and closed $247 million of business credit card securitizations backed by receivables in revolving business purpose credit card accounts originated by Advanta Bank Corp. "The closing of...
Advanta Declares Quarterly Dividends
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced that its Board of Directors declared a regular quarterly cash dividend of 17.71 cents for its Class A Common Stock and 21.25 cents for its Class B Common Stock. The dividends will be payable on June 13, 2008 to...
Penn State Student Wins $10,000 for Best Small Business Idea in National ideablob.com® Contest
PSU Student & Inventor Matt Allison Wins for Creating a Portable Touch Screen Device That Syncs with a Fitness-Based Social Networking Website SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ:ADVNB; ADVNA) announced today that Matt Allison of State College, PA has been named April's $10,000 ideablob.com monthly contest winner...
Advanta reports steep first-quarter decline
Advanta Corp. yesterday reported a steep decline in profit from its small-business credit cards in the first quarter, as the slumping economy caused more borrowers to fall behind in their payments. Even so, the Spring House company's class B shares jumped 16.45 percent, or $1.24, to $8.78 in Nasdaq trading...
Advanta Reports First Quarter 2008 Earnings
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today reported first quarter 2008 net income of $18.4 million or $0.44 per diluted share for Class A and Class B shares combined. Included in the Company's results was net income not attributable to the Business Cards segment of $11.7 million,...
Advanta and Kiva Announce the KivaB4B Project to Empower Small Business Owners to Help Entrepreneurs in Developing Countries
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ:ADVNB; ADVNA) and Kiva have launched the KivaB4B Project (www.kivab4b.org), a joint initiative announced today that encourages small business owners and entrepreneurs in the U.S. to support entrepreneurs in developing countries. Through the initiative, Advanta customers can make grants - using an Advanta business...
Advanta to Report First Quarter 2008 Results
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced that it will release first quarter 2008 results on Wednesday, April 30, 2008, before the market opens. After the release, Advanta's management will hold a conference call with analysts and institutional investors at 9:00 a.m. Eastern Time. ...
LLR Partners Announces Promotions and One New Hire
PHILADELPHIA -- LLR Partners Inc. ("LLR") is pleased to announce its recent promotions and a new addition to the firm. Scott A. Perricelli and David J. Reuter have been promoted to Partner and Todd J. Morrissey and David A. Stienes have been promoted to Principal. In addition, Wm. Christian Bullitt...
Sartorius Stedim Biotech and NewAge Industries AdvantaPure Team to Offer the Biopharmaceutical Industry Value-Added Solutions
AUBAGNE, France & GOETTINGEN, Germany & SOUTHAMPTON, Pa. -- Sartorius Stedim Biotech (Paris:DIM) and NewAge Industries Inc. have signed a collaboration agreement that provides the AdvantaPure GammaTag([TM]) gamma-stable RFID tag exclusively for Sartorius Stedim's single-use Fluid Management Technology portfolio used in the biopharmaceutical industry. Sartorius Stedim plans to...
Social entrepreneur student wins $10,000 for best small business idea in national ideablob.com contest
Penn State student Aaron Fleishman wins for Mashavu, a student project providing networked health solutions for children in third world countries. SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ:ADVNB; ADVNA) announced that Aaron Fleishman of State College, PA has been named February's $10,000 ideablob.com monthly contest winner for the...
Tomlinson Black North buys Century 21 Advanta
Tomlinson Black North Inc., of Spokane, has bought the assets of Century 21 Advanta, another real estate agency on the North Side. Mike Hume, broker and co-owner of Tomlinson Black North, says that brokerage bought Century 21 Advanta last month from longtime Spokane real estate broker Ron Hansen. Hume...
New England Milk Bank voted best small business idea in national ideablob.com contest
Naomi Bar-Yam, a Newton, MA resident and Brandeis University alumna, wins $10,000 WALTHAM, Mass. & SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) announced last night that Naomi Bar-Yam of Newton, MA has been named January's $10,000 ideablob.com monthly contest winner for the best business idea. Bar-Yam...
Advanta Declares Quarterly Dividends
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced that its Board of Directors declared a regular quarterly cash dividend of 17.71 cents for its Class A Common Stock and 21.25 cents for its Class B Common Stock. The dividends will be payable on March 14, 2008 to...
Profit for card-issuer Advanta plunges 59%
Advanta Corp.'s fourth-quarter net income plummeted 59 percent, as the Spring House credit card issuer built reserves to cover late payments by its small-business customers. "Although we're disappointed with the impact of the current economy on our recent results, we believe the small-business market will continue to provide opportunities for...
Advanta's Affiliate Program Honored by LinkShare, Designated as Premium Partner
SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) announced today that LinkShare, a leading pay-per-action marketing network, has identified Advanta Bank Corp.'s affiliate marketing program as a "Premium Partner." According to LinkShare, Advanta is the only credit card issuer and one of a select few out of hundreds of...
Advanta Reports Earnings for 2007
Substantial Reserves Added in the Fourth Quarter SPRING HOUSE, Pa. -- Advanta Corp. (NASDAQ: ADVNB; ADVNA) today reported full year 2007 net income from continuing operations of $71 million or $1.61 per diluted share for Class A and Class B shares combined, including an after-tax charge of $0.17...
Webcast Alert: Q4 2007 Earnings Conference Call
SPRING HOUSE, Pa. -- Advanta Corp (NASDAQ:ADVNB) announces the following Webcast: What: Q4 2007 Earnings Conference Call When: January 30, 2008 @ 9:00 AM Eastern Where: http://www.investorcalendar.com/ClientPage.asp?ID=124838 How: Live over the Internet -- Simply log on to the web at the address...
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- Incorporated: 1974
- CEO: Mr. Dennis Alter
Advanta issues credit card to the small business market. Through its Advanta Business Cards, Co. is licensed to issue both MasterCard® and VISA® business purpose credit cards. Co. also owns two depository institutions, Advanta Bank Corp. and Advanta Bank. Advanta Business Cards is primarily funded and operated through Advanta Bank Corp., which provides a range of deposit products, such as retail and large denomination certificates of deposits and money market savings accounts that are insured by the Federal Deposit Insurance Corporation. In addition, Co. provides insurance products through its insurance subsidiaries, Advanta Life Insurance Company and Advanta Insurance Company.
Key Competitors
Advanta Corp. Company Info
Board of Directors
Mr. Dennis Alter
Chairman
Mr. William A. Rosoff
Vice-Chairman
Ms. Dana Becker Dunn
Mr. Max Botel
Mr. Thomas P. Costello
Mr. Ronald Lubner
Mr. Olaf Olafsson
Mr. Michael A. Stolper
Contact Information
Welsh & McKean Roads
P.O. Box 844
Spring House, PA
215 657-4000
NAICS Code
Consumer Lending: 522291Brought to you by IBMSponsored Resources
