New York Stock Exchange member firms that conduct business with the public reported a second-quarter 2024 after-tax profit of approximately $10 billion and revenues of approximately $119 billion, compared with approximately $5.5 billion after-tax profit on revenues of about $104 billion in the second-quarter of 2023.
Comparative financial results are reported in the table below:
NYSE MEMBER FIRMS DEALING WITH PUBLIC |
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($ in Millions) |
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Note: Data is from NYSE member firms that conduct business with the public. |
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|
2nd QTR 2024 |
2nd QTR 2023 |
1st QTR 2023 |
YTD 2024 |
YTD 2023 |
Revenue |
$118,654 |
$104,103 |
$117,931 |
$236,585 |
$201,262 |
Expense |
$107,699 |
$98,165 |
$106,713 |
$214,412 |
$188,004 |
After Tax Profit Loss |
$10,232 |
$5,551 |
$10,267 |
$20,499 |
$12,466 |
After Tax Annualized Return on Capital |
11% |
6% |
11% |
6% |
7% |
Assets |
$4,724,322 |
$4,259,221 |
$4,649,077 |
$9,373,399 |
$4,259,221 |
Capital and subordinated liabilities |
$364,627 |
$375,581 |
$364,623 |
$729,250 |
$375,581 |
Commission Revenues |
$5,192 |
$4,607 |
$5,272 |
$10,464 |
$9,469 |
Firms |
131 |
132 |
138 |
132 |
135 |
Profitable Firms |
103 |
95 |
106 |
109 |
100 |
Aggregate PreTax Earnings of Profitable Firms |
$11,673 |
$8,001 |
$12,560 |
$24,049 |
$16,339 |
Unprofitable Firms |
28 |
37 |
32 |
23 |
35 |
Aggregate PreTax Loss of Unprofitable Firms |
($718) |
($2,363) |
($1,343) |
($815) |
($3,429) |
Links
NYSE Member Firms Dealing with Public (Financial Summary)
Statement of Income (Loss) and Expense Unconsolidated
Statement of Financial Condition