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NYSE Member Firms Report Third-Quarter 2012 Results

NEW YORK, November 16, 2012 -- New York Stock Exchange member firms that conduct business with the public reported a third-quarter 2012 after-tax profit slightly over $4.5 billion and revenues of approximately $41.0 billion, compared with a nearly $2.1 billion after-tax profit on revenues of about $37.0 billion in the second-quarter of 2012. Comparative financial results are reported in the table below:

Member Firms Dealing with the Public ($ in millions):

  3rd QTR 2012 3rd QTR 2011 2nd QTR 2012 YTD 2012
Revenue $41,372   $29,949   $37,070   $120,481  
Expense $34,305   $32,909   $33,810   $102,899  
After Tax Profit/Loss $4,594   ($1,924)   $2,119   $11,429  
After Tax Annualized Return on Capital 6.7%   -2.7%   3.1%   5.6%  
Assets $4,207,111   $4,187,520   $4,129,590   $4,207,111  
Capital and subordinated liabilities $278,116   $280,538   $269,279   $278,116  
Commission Revenues $4,999   $6,801   $5,612   $16,616  
Firms 167   175   164   173  
Profitable Firms 108   96   92   110  
Aggregate PreTax Earnings of Profitable Firms $7,737   $1,617   $3,918   $19,002  
Unprofitable Firms 59   79   72   63  
Aggregate PreTax Loss of Unprofitable Firms ($670)   ($4,577)   ($658)   ($1,420)  

* 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) (pdf format)
Statement of Income (Loss) and Expense Unconsolidated (pdf format)
Statement of Financial Condition (pdf format)


Contact: Paola Hernandez
Phone: 212-656-2420
Email:  phernandez@nyx.com