With earnings season in gear, S&P Global Market Intelligence presents a snapshot of recently reported financial results for companies in the financial services space.
SEI Investments Co. reported fourth-quarter 2016 net income of $88.6 million, or 55 cents per share, compared with $81.4 million, or 48 cents per share, in the year-ago period.
Raymond James Financial Inc. reported fiscal first-quarter net income attributable to the company of $146.6 million, or $1.00 per share, compared with $106.3 million, or 73 cents per share, in the year-ago period.
Adjusted net income came in at $155.6 million, or $1.07 per share, versus $107.5 million, or 73 cents per share, in the fiscal first quarter of 2016.
The S&P Capital IQ consensus normalized EPS estimate for the quarter was $1.01.
MarketAxess Holdings Inc. reported fourth-quarter 2016 net income of $33.2 million, or 88 cents per share, up from $24.5 million, or 65 cents per share, in the year-ago quarter.
For 2017, the company expects expenses to be in the range of $192.0 million to $208.0 million and capital expenditures to be between $25.0 million and $30.0 million. The overall effective tax rate is expected to be between 32% and 34% for 2017.
Santander Consumer USA Holdings Inc. reported net income of $61.3 million, or 17 cents per common share, for the fourth quarter of 2016, compared to a net loss of $19.6 million, or 5 cents per share, in the year-ago quarter.
The S&P Capital IQ consensus GAAP EPS estimate for the quarter was 33 cents.