NYSE Member Firms Report Second-Quarter Results

New York Stock Exchange member firms that conduct business with the public reported a second-quarter 2015 after-tax profit of approximately $3.06 billion and revenues of approximately $42.5 billion, compared with a $4.2 billion after-tax profit on revenues of about $43.6 billion in the first-quarter of 2015.

Comparative financial results are reported in the table below:

	2nd QTR 2015		2nd QTR 2014	1st QTR 2015	YTD 2015		YTD 2014
Revenue	$42,507		$43,152	$43,609	$86,116		$86,900
Expense	$37,787		$39,756	$37,067	$74,854		$78,156
After Tax Profit / Loss	$3,068		$2,207	$4,252	$7,320		$5,683
After Tax Annualized Return on Capital	4.3%		3.1%	5.9%	5.1%		4.0%
Assets	$3,706,121		$4,067,886	$3,801,400	$3,706,121		$4,067,886
Capital and subordinated liabilities	$288,155	*	$286,893	$286,692	$288,155	*	$286,893
Commission Revenues	$5,535		$5,500	$5,855	$11,390		$11,517
Firms	150		153	149	154		155
Profitable Firms	106		106	105	115		111
Aggregate PreTax Earnings of Profitable Firms	$5,895		$5,999	$6,943	$12,838		$12,447
Unprofitable Firms	44		47	44	39		44
Aggregate PreTax Loss of Unprofitable Firms	($1,177)		($2,603)	($401)	($1,578)		($3,703)

* Record level

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)
Statement of Income (Loss) and Expense Unconsolidated
Statement of Financial Condition