CBOE Holdings Q4 net income slightly increases
CBOE Holdings has reported a net income of $31.3m, or $0.35 diluted earnings per share, for the fourth quarter of 2011, compared to $30.7m, or $0.31 diluted earnings per share, for the same period in 2010.
Total operating revenues for the fourth quarter of 2011 rose 2% to $120.2m, compared to $117.4m for the same period a year ago.
The increase in operating revenues reflects a $7.2m increase in transaction fees and a $0.7m increase in exchange services and other fees, offset by a $1.3m decrease in access fees.
Operating income was $52.7m, compared to $51.9m for the same period in the previous year.
The company's operating margin decreased to 43.8%, compared to 44.2% for the same period in the last year.
CBOE Holdings executive vice president and CFO Alan Dean said that their strong cash flow enabled us to return nearly $92m to stockholders through dividends and share repurchases, bringing the total returned to stockholders over the past 18 months to more than $525m.
Related Insight
Suppliers Directory
Wealth & Assets Management Asset Management Hedge Funds Private Equity Mutual Funds
Intermediaries Prime Brokerages Custody & Clearing ECN & Exchanges
Technology Banking Technology Security Tech Outsourcing & BPO
Policies & Regulatory Compliance Risk Management
ECN & Exchanges Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Buy online from $125
Comments may be moderated for spam, obscenities or defamation.