New York Stock Exchange member firms that conduct business with the public reported a fourth-quarter 2013 after-tax profit of $2.07 billion and revenues of approximately $41.7 billion, compared with a $2.2 billion after-tax profit on revenues of about $37.7 billion in the third-quarter of 2013. Comparative financial results are reported in the table below:
| 4th QTR 2013 | 4th QTR 2012 | 3rd QTR 2013 | YTD 2013 | YTD 2012 | ||||||
| Revenue | $41,725 | $40,975 | $37,761 | $162,359 | $161,456 | |||||
| Expense | $38,541 | $34,679 | $34,316 | $145,640 | $137,578 | |||||
| After Tax Profit/Loss | $2,070 | $4,092 | $2,239 | $10,867 | $15,521 | |||||
| After Tax Annualized Return on Capital | 2.9% | 5.9% | 3.1% | 3.8% | 5.7% | |||||
| Assets | $3,967,455 | $4,169,613 | $4,087,022 | $3,967,455 | $4,169,613 | |||||
| Capital and subordinated liabilities | $281,525 | $280,120 | $285,856 | $281,525 | $280,120 | |||||
| Commission Revenues | $5,766 | $5,368 | $5,403 | $23,105 | $21,984 | |||||
| Firms | 156 | 165 | 160 | 167 | 174 | |||||
| Profitable Firms | 97 | 91 | 101 | 109 | 103 | |||||
| Aggregate PreTax Earnings of Profitable Firms | $5,964 | $7,549 | $4,950 | $22,670 | $26,551 | |||||
| Unprofitable Firms | 59 | 74 | 59 | 58 | 71 | |||||
| Aggregate PreTax Loss of Unprofitable Firms | ($2,780) | ($1,253) | ($1,505) | ($5,951) | ($2,673) | |||||
Note: Data is from NYSE member firms that conduct business with the public. Revenues include firms that trade primarily for their own account, but excludes designated market makers (formerly known as specialists). All firms are registered broker-dealers with the SEC. Revenues are predominantly derived from investment banking, trading, commissions, and interest.
Since the NYSE member firm community is composed of corporations and partnerships, after-tax earnings are presented on a pro-forma basis that assumes a corporate tax rate of 35 percent.
Links:
NYSE Member Firms Dealing with Public (Financial Summary) (pdf format)
Statement of Income (Loss) and Expense Unconsolidated (pdf format)
Statement of Financial Condition (pdf format)
