NAB Asset Corp.: The Irvine financial services...

NAB Asset Corp.: The Irvine financial services company posted net income of $372,000, or 7 cents a share, for the fourth quarter, compared with a net loss of $1.5 million, or 29 cents a share, for the 1996 fourth quarter. Revenue climbed to $7.4 million from $923,000. Net income for the year totaled $2.2 million, or 44 cents a share, which included a gain of $1.4 million from the sale of the company’s retail automotive sales operation. Net income for 1996 was $1.5 million, or 30 cents a share, which included the results of the discontinued real estate services operation and the discontinued retail automotive sales operation. Revenue rose to $16.9 million from $1.4 million.