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KBW, Inc. Announces Record Third Quarter 2009 Revenues and 2010 Asia Expansion.

Publication: Investment Weekly News
Publication Date: 14-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
KBW, Inc. (NYSE: KBW), a full-service investment bank that specializes in the financial services sector, announced record quarterly revenues of $122.6 million and a non-GAAP operating net income of $13.4 million, or $0.37 per diluted share, for the quarter ended September 30, 2009. This compares to a non-GAAP operating net loss of $21.3 million, or $0.69 per diluted share for the corresponding 2008 period and non-GAAP operating net income of $8.8 million, or...

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