Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,699.70 -382.02

NYSE Member Firms Report Third Quarter Results

Date 21/12/2020

New York Stock Exchange member firms that conduct business with the public reported a third-quarter 2020 after-tax profit of approximately $8 billion and revenues of approximately $48 billion, compared with approximately $5 billion after-tax profit on revenues of about $62 billion in the third-quarter of 2019.

 

 

Comparative financial results are reported in the table below:

NYSE MEMBER FIRMS DEALING WITH PUBLIC

($ in Millions)

 

3rd QTR 2020

3rd QTR 2019

2nd QTR 2020

YTD 2020

YTD 2019

Revenue

$48,174

$62,231

$57,469

$165,253

$193,031

Expense

$38,178

$54,791

$40,654

$127,703

$170,451

After Tax Profit Loss

$8,293

$4,836

$13,861

$31,330

$14,677

After Tax Annualized Return on Capital

9.6%

6.1%

16.0%

9.1%

5.9%

Assets

$3,748,030

$3,550,510

$3,695,912

$3,748,030

$3,550,510

Capital and subordinated liabilities

$345,480

$317,724

$347,342

$345,480

$317,724

Commission Revenues

$5,045

$4,798

$5,528

$16,969

$14,709

Firms

123

124

123

127

126

Profitable Firms

99

95

106

1

1

Aggregate PreTax Earnings of Profitable Firms

$10,074

$7,687

$16,929

$38,389

$23,286

Unprofitable Firms

24

29

17

126

125

Aggregate PreTax Loss of Unprofitable Firms

($78)

($247)

($114)

($839)

($706)

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.

Prior to 2020, after-tax earnings are presented on a pro-forma basis that assumes a corporate tax rate of 35 percent. Starting in 2020, actual federal tax provisions are presented.

Links
NYSE Member Firms Dealing with Public (Financial Summary)
Statement of Income (Loss) and Expense Unconsolidated
Statement of Financial Condition