JMP GROUP LLC JMPB Income Statement

Jmp group llc (JMPB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
Revenues
Revenue from Contract with Customer
93,182	90,771	91,042	99,691	114,331	127,965	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment banking
-	-	-	-	-	-	-	-	-	-	-	-	-	55,353	92,917	89,787	102,743	105,141	69,836	74,981	76,711	81,070	0	0	0
Brokerage
-	-	-	-	-	-	-	-	20,507	21,129	21,961	22,213	22,946	23,755	36,452	37,483	38,076	38,046	25,846	26,255	26,325	26,916	0	0	0
Asset management fees
-	-	-	-	-	-	-	-	18,563	18,049	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Asset management fees
-	-	-	-	-	-	-	-	-	-	-	-	-	26,791	36,786	39,705	38,838	34,174	26,934	29,601	39,738	40,620	0	0	0
Principal transactions
-21,496	1,344	5,551	6,360	6,621	-2,287	-4,296	-6,157	-8,164	-6,437	2,248	6,404	13,359	16,182	19,175	14,971	11,196	14,010	17,290	14,454	21,285	13,848	0	0	0
Loss on sale, payoff and mark-to-market of loans
-	-38	318	-238	-367	-532	-1,299	-465	-232	797	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale and payoff of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,595	-2,513	-3,112	-3,314	-1,989	-2,031	-1,450	-492	0	0	0
Gain on repurchase of asset-backed securities issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net dividend income
1,115	1,184	1,214	1,255	1,281	1,281	1,306	1,264	1,218	1,188	1,048	1,032	1,002	999	1,546	1,547	1,560	1,488	972	951	957	1,001	0	0	0
Other income (loss)
3,343	2,373	1,868	1,415	933	1,017	1,096	1,072	955	1,351	2,056	1,774	1,626	1,407	-7	0	0	-	0	-	-	-	-	-	-
Non-interest revenues
76,123	95,634	99,993	108,483	122,799	127,444	129,900	130,196	117,231	113,399	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Non-interest revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190,532	191,290	141,183	147,976	167,419	166,298	0	0	0
Interest income
9,724	21,801	38,854	55,178	68,075	66,494	58,527	50,775	44,802	41,159	40,450	41,022	43,450	46,784	74,123	75,326	76,003	76,379	50,522	47,820	44,231	40,042	0	0	0
Interest expense
7,467	16,458	29,069	40,928	50,623	49,552	44,178	39,200	35,309	33,702	33,142	32,543	32,910	32,790	46,514	45,825	45,101	44,414	29,729	27,820	25,858	23,398	0	0	0
Net interest income
2,257	5,343	9,785	14,250	17,452	16,942	14,349	11,575	9,493	7,457	7,308	8,479	10,540	13,994	27,609	29,501	30,902	31,965	20,793	20,000	18,373	16,644	0	0	0
Gain on repurchase, reissuance or early retirement of debt
0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on repurchase, reissuance or early retirement of debt
-	-	-	-	-	-	-	-3,443	-8,943	-6,107	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	0	-	-	5,124	5,074	3,988	4,562	4,363	4,094	3,622	2,221	1,586	1,507	2,174	1,176	602	-1,154	-761	-4	436	0	0	0
Total net revenues
78,181	100,081	107,957	120,184	136,380	136,424	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Total net revenues after provision for loan losses
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	220,258	222,653	163,130	168,737	185,796	182,506	0	0	0
Non-interest expenses
Compensation and benefits
76,305	77,314	75,962	81,127	90,320	97,359	97,658	99,550	93,064	90,601	99,973	97,577	95,606	101,233	151,884	151,666	158,509	158,148	102,447	108,813	119,268	123,580	0	0	0
Administration
9,680	9,387	8,636	8,637	8,600	8,904	8,711	7,868	7,878	7,464	7,383	7,732	7,025	7,024	7,165	7,076	7,355	7,229	7,631	7,813	7,280	7,310	0	0	0
Brokerage, clearing and exchange fees
2,639	2,706	2,775	2,966	3,021	3,097	3,294	3,226	3,227	3,209	3,090	3,084	3,108	3,110	4,844	4,952	4,953	4,990	3,243	3,173	3,177	3,304	0	0	0
Travel and business development
5,141	5,240	5,225	5,042	4,897	4,830	4,535	4,164	4,073	4,034	3,958	4,268	4,395	4,771	7,193	7,275	7,332	6,979	4,736	4,525	4,210	4,123	0	0	0
Managed deal expenses
3,191	3,136	2,873	2,802	3,816	4,849	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Communications and technology
4,466	4,390	4,199	4,178	4,098	4,107	4,307	4,313	4,317	4,308	4,229	4,216	4,209	4,172	6,058	5,989	5,927	5,881	3,899	3,905	3,865	3,843	0	0	0
Occupancy
5,005	5,229	5,366	5,342	5,076	4,770	4,511	4,456	4,424	4,418	4,387	4,257	4,076	3,901	5,565	5,523	5,554	5,431	3,534	3,435	3,325	3,337	0	0	0
Professional fees
3,793	4,359	4,644	4,680	4,997	5,446	5,613	5,435	5,150	4,407	4,263	4,288	4,488	4,399	6,306	6,439	6,426	6,327	4,771	4,676	4,905	4,738	0	0	0
Depreciation
1,454	1,203	1,203	1,181	1,157	1,124	1,107	1,099	1,115	1,162	1,203	1,238	1,259	1,280	1,755	1,833	1,724	1,618	1,073	918	930	931	0	0	0
Other
-	500	1,162	1,331	2,102	1,994	1,949	1,946	2,120	2,410	2,614	2,739	2,329	2,273	3,430	3,404	3,562	3,471	2,257	2,028	1,660	1,342	0	0	0
Total non-interest expenses
111,679	113,464	112,045	117,286	128,084	136,480	136,213	135,971	126,934	122,013	131,100	129,399	126,495	132,163	123,207	129,359	0	-	0	0	-	-	-	-	-
Total non-interest expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net income (loss) before income taxes
-33,498	-13,383	-4,088	2,898	8,296	-56	-651	-1,631	-13,715	-11,627	-15,526	-15,179	-5,695	2,814	13,922	11,380	14,931	18,594	29,539	29,451	37,176	29,998	0	0	0
Income tax benefit
-9,964	-6,827	-4,526	-2,779	2,633	1,167	1,767	2,353	-2,740	1,744	-4,024	-5,734	-5,782	-4,648	-229	25	-2,593	4,357	6,202	8,005	13,319	8,015	0	0	0
Net income (loss)
-23,534	-6,556	438	5,677	5,663	-1,223	-2,418	-3,984	-10,975	-13,371	-11,502	-9,445	87	7,462	14,151	11,355	17,524	14,237	23,337	21,446	23,857	21,983	0	0	0
Less: Net income (loss) attributable to non-controlling interest
-168	-7	746	1,636	2,498	964	938	895	451	2,512	2,219	2,380	3,704	4,536	9,231	10,087	10,103	10,511	17,730	11,353	16,395	8,631	0	0	0
Net income (loss) attributable to JMP Group LLC
-23,366	-6,549	-308	4,041	3,165	-2,187	-3,356	-4,879	-11,426	-15,883	-13,721	-11,825	-3,617	2,926	4,920	1,268	7,421	3,726	5,607	10,093	7,462	13,352	0	0	0
Net income (loss) attributable to JMP Group LLC per common share:
Basic (in dollars per share)
-0.60	-0.30	-0.21	-0.05	0.24	-0.01	0.01	-0.09	-0.01	-0.07	-0.06	-0.39	-0.22	0.05	0.03	-0.02	0.08	-0.04	-0.14	0.26	-0.09	0.21	0.07	0.14	0.17
Diluted (in dollars per share)
-0.60	-0.30	-0.21	-0.05	0.24	-0.01	0.01	-0.09	-0.01	-0.07	-0.06	-0.39	-0.22	0.04	0.03	-0.02	0.08	-0.03	-0.14	0.25	-0.09	0.21	0.06	0.13	0.17
Distributions declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.09	0.09	0.09	0.09	0.09	0.09	0.12	0.12	0.15	0.11	0.10	0.07	0.06	0.05	0.04
Weighted average common shares outstanding:
Basic (in shares)
19,532	19,372	19,324	20,772	21,288	21,322	21,435	21,537	21,666	21,566	21,525	21,652	21,573	21,067	20,946	21,058	21,349	21,258	21,241	21,233	21,216	20,706	21,686	21,712	21,820
Diluted (in shares)
19,532	19,231	19,324	20,772	21,429	21,020	21,737	21,537	21,666	21,566	21,525	21,652	21,573	22,540	21,901	21,058	21,865	19,527	21,241	22,964	21,216	22,977	23,834	23,745	23,612
Total Investment Banking Revenues [Member]
Revenue from Contract with Customer
68,462	65,716	65,938	79,272	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Brokerage Revenue [Member]
Revenue from Contract with Customer
17,280	17,628	17,836	19,315	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Asset Management Fees [Member]
Revenue from Contract with Customer
7,440	7,427	9,387	13,137	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Banking [Member]
Investment banking
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-