Browsing: Earnings

Premium Exclusive

US Bulge Firms Post Solid Equity Results in Q1 2017

Aggregate equities revenues for the five largest US investment banks held steady in the first quarter of 2017 compared to the prior year, up 13% from the fourth quarter of ...
Premium Exclusive

Jefferies Q1 2017 Equities Results ‘Solid’

Jefferies Group LLC, the investment-banking unit of Leucadia National Corp, reported $157 million in equities revenues for the first quarter 2017 period ending February.  Although the results were not spectacular, ...
Premium Exclusive

RBC Equities Revenues Down for 2016 and Q1 2017

Royal Bank of Canada’s equities revenues were down 5% for the first quarter 2017 ending January 31, 2017. Equity revenues were C$299 million (US$221 million) in its fiscal first quarter, ...
Premium Exclusive

Bulge Cash Equities Down 17% In 2016 According To Coalition

Cash equities revenues for the twelve largest investment banks declined 16.7% in 2016 according to estimates from Coalition, a business intelligence provider focusing on corporate and investment banks.  The weak ...

Morningstar 4th Qtr Revenue Beats Expectations

Chicago-based investment research, data and analytics firm Morningstar, Inc. (MORN) announced its 4th Qtr 2016 and full year financial results, revealing that the firm beat revenue expectations. 4th Qtr 2016 ...
Premium Exclusive

2016 Bulge Bank Equity Results: The Strong Get Stronger While Non-US Banks Struggle

With all the major investment banks reporting, 2016 equities revenues for the largest investment banks fell 10% to $39 billion in 2016 from $43.5 billion in 2015, in large part ...
Premium Exclusive

Cowen’s Equity Revenues Up 7% In 2016 Thanks To Acquisitions

Cowen Group, a mid-sized NY investment bank, reported increasing brokerage revenues, partly reflecting its acquisition of CRT Capital’s fixed income business and new distribution arrangement with Washington Research Group. Cowen’s ...
Premium Exclusive

Despite Weak 2016 Equities Results, Société Générale Remains Bulge Contender

Société Générale, a French universal bank, reported equity revenues of €2.1 billion (US$2.08 billion) in 2016, down 16.4% from €2.5 billion (US$2.49 billion) in 2015. Although the results are disappointing, ...
Premium Exclusive

FBR’s Equity Revenues Fall Despite MLV Acquisition

Equities revenues for FBR & Co., a mid-market investment bank, have resumed their slide in spite of acquiring boutique bank MLV & Co.  The disappointing results are particularly frustrating for ...
Premium Exclusive

Evercore Sours On Equities Business Outlook As ISI Makes Small Gain In 2016

Evercore acknowledged the difficulties facing research providers after Evercore ISI eked out a 1% gain in its top line revenues for 2016.  Evercore’s management is increasingly pessimistic about the equities ...
1 3 4 5 6 7 18