JMP » Topics » Interest, Dividends and Other Income

These excerpts taken from the JMP 10-Q filed May 8, 2009.

Interest, Dividends and Other Income

Interest and dividends income includes interest and dividend income generated by our cash, investments and notes receivable. Other income includes fee sharing arrangements with, and fees earned to raise capital for third-party investment partnerships, or funds.

Interest, Dividends and Other Income

Interest, dividends and other income decreased $1.1 million, or 52.7%, from $2.1 million for the quarter ended March 31, 2008 to $1.0 million for the same period in 2008. The decrease was attributable to interest and dividend income, which decreased $0.9 million, from $1.6 million for the quarter ended March 31, 2008 to $0.7 million for the same period in 2009, and was primarily due to a decrease in interest income as a result of JMPRT’s asset and liability transfer to HMOP as well as sharply lower interest rates in the first quarter 2009 compared to the same period in 2008. Other income, primarily from revenue sharing arrangements with, and fees earned to raise capital for third-party investment partnerships or funds, also decreased $0.2 million from $0.5 million for the quarter ended March 31, 2008 to $0.3 million for the quarter ended March 31, 2009.

 

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This excerpt taken from the JMP 8-K filed May 7, 2009.

Interest, Dividends and Other Income

Interest, dividends and other income totaled $1.0 million, compared to $2.1 million for the quarter ended March 31, 2008. Interest and dividends equaled $0.7 million, compared to $1.6 million for the first quarter of 2008. Interest and dividend income is derived from the company’s loan portfolio and deposit accounts as well as from investments in certain preferred and common stocks. The sharp year-over-year decline in interest and dividend income was primarily due to a drop of more than 400 basis points in short-term interest rates to essentially zero percent since the beginning of 2008. Other income was $0.3 million for the first quarter of 2009, compared to $0.5 million for the first quarter of 2008. Other income is primarily composed of revenue sharing arrangements with, and fees earned to raise capital for, third-party investment partnerships or funds.

These excerpts taken from the JMP 10-K filed Mar 9, 2009.

Interest, Dividends and Other Income

Interest and dividends income includes interest and dividend income generated by our cash, investments and loans receivable. Other income includes fee sharing arrangements with, and fees earned to raise capital for third-party investment partnerships, or funds.

Interest,
Dividends and Other Income

Interest and dividends income includes interest and dividend income generated by our cash, investments and
loans receivable. Other income includes fee sharing arrangements with, and fees earned to raise capital for third-party investment partnerships, or funds.

SIZE="2">Components of Expenses

We classify our expenses as compensation and benefits, income allocation and
accretion—Redeemable Class A member interests, administration expense, brokerage, clearing and exchange fees, interest and dividend expense and other expenses. A significant portion of our expense base is variable, including compensation
and benefits, brokerage and clearance, communication and data processing, and travel and entertainment expenses.

Interest, Dividends and Other Income

Interest, dividends and other income increased $1.1 million, or 19.5%, from $5.8 million for the year ended December 31, 2007 to $6.9 million for the year ended December 31, 2008. Interest and dividends comprised $0.8 million of the increase and was primarily due to the dividend earned from our investment in NYMT convertible preferred securities, as well as interest from our loans and notes receivable and from investing of proceeds from our initial public offering in short duration AAA rated securities. Other income increased $0.3 million from the year ended December 31, 2007 primarily from revenue sharing arrangements with, and fees earned to raise capital for third-party investment partnerships or funds.

Interest, Dividends and Other Income

Interest, dividends and other income were $1.6 million, or 4.9 % of total revenues for the period ended May 15, 2007 and 27.2 % of the total interest, dividends and other income for the twelve month pro forma combined Predecessor/Successor period ended December 31, 2007.

Interest, Dividends and Other Income

Interest, dividends and other income were $4.2 million, or 6.4 % of total revenues for the period from May 16, 2007 through December 31, 2007 and 72.8 % of the total interest, dividends and other income for the twelve month pro forma combined Predecessor/Successor period ended December 31, 2007.

Interest, Dividends and Other Income

Interest, dividends and other income increased $2.0 million, or 54.3%, from $3.7 million for the year ended December 31, 2006 to $5.8 million for the same period in 2007. The increase was primarily attributable to

 

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investing a portion of proceeds from our initial public offering in short duration AAA rated securities, as well as to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital.

Interest, Dividends and Other Income

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Interest, dividends and other income were $4.2 million, or 6.4 % of total revenues for the period from May 16, 2007 through December 31, 2007 and
72.8 % of the total interest, dividends and other income for the twelve month pro forma combined Predecessor/Successor period ended December 31, 2007.

SIZE="2">Expenses

This excerpt taken from the JMP 8-K filed Feb 26, 2009.

Interest, Dividends and Other Income

Interest, dividends and other income totaled $6.9 million, compared to $5.8 million for 2007. Interest and dividends equaled $5.8 million, compared to $4.9 million for the prior year. Interest and dividend income is derived from the company’s loan portfolio and deposit accounts as well as from investments in certain preferred and common stocks. Other income was $1.2 million, compared to $0.9 million for the prior year. Other income is primarily composed of revenue sharing arrangements with, and fees earned to raise capital for, third-party investment partnerships or funds.

 

© 2009 JMP Group Inc.

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This excerpt taken from the JMP 8-K filed Nov 4, 2008.

Interest, Dividends and Other Income

Interest, dividends and other income totaled $1.8 million, compared to $1.6 million for the third quarter of 2007. Interest income and dividend income is derived from the company’s loan portfolio and deposit accounts as well as from investments in certain preferred and common stocks. Other income is primarily composed of revenue sharing arrangements with, and fees earned to raise capital for, third-party investment partnerships or funds.

 

© 2008 JMP Group Inc.    3


This excerpt taken from the JMP 10-Q filed Nov 4, 2008.

Interest, Dividends and Other Income

Interest, dividends and other income increased $1.4 million, or 36.6%, from $3.9 million for the nine months ended September 30, 2007 to $5.3 million for the same period in 2008. Interest and dividends comprised $1.1 million of the increase and was primarily due to the dividend earned from our investment in NYMT convertible preferred securities, as well as interest from our loans and notes receivable and from investing of proceeds from our initial public offering in short duration AAA rated securities. Other income, primarily from revenue sharing arrangements with, and fees earned to raise capital for third-party investment partnerships or funds, also increased $0.4 million from the same period in 2007.

 

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This excerpt taken from the JMP 10-Q filed Aug 7, 2008.

Interest, Dividends and Other Income

Interest, dividends and other income increased $1.3 million, or 54.4%, from $2.3 million for the six months ended June 30, 2007 to $3.6 million for the same period in 2008. The increase was primarily due to the dividend earned from our investment in NYMT convertible preferred securities, as well as from investing of proceeds from our initial public offering in short duration AAA rated securities.

This excerpt taken from the JMP 10-Q filed May 9, 2008.

Interest, Dividends and Other Income

Interest, dividends and other income increased $1.2 million, or 121.0%, from $1.0 million for the quarter ended March 31, 2007 to $2.1 million for the same period in 2008. Of the increase, $0.8 million was attributable to interest and dividend income, which increased from $0.8 million for the quarter ended March 31, 2007 to $1.6 million for the same period in 2008, and $0.4 million was attributable to other income from revenue sharing arrangements with, and fees earned to raise capital for third-party investment partnerships or funds, which increased from $0.2 million for the quarter ended March 31, 2007 to $0.6 million for the same period in 2008. The increase in interest and dividend income was primarily due to investing of proceeds from our May 2007 initial public offering in short duration AAA rated securities, and to the dividend earned from our investment in NMTR convertible preferred securities. We also engaged in more active cash management and increased the capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital.

These excerpts taken from the JMP 10-K filed Mar 13, 2008.

Interest, Dividends and Other Income

Interest, dividends and other income increased $2.0 million, or 54.3%, from $3.7 million for the year ended December 31, 2006 to $5.8 million for the same period in 2007. The increase was primarily attributable to investing a portion of proceeds from our initial public offering in short duration AAA rated securities, as well as

 

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to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital.

Interest, Dividends and Other Income

FACE="Times New Roman" SIZE="2">Interest, dividends and other income increased $2.0 million, or 54.3%, from $3.7 million for the year ended December 31, 2006 to $5.8 million for the same period in 2007. The increase was primarily attributable
to investing a portion of proceeds from our initial public offering in short duration AAA rated securities, as well as

 


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to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest
and dividend income as a percent of total invested capital.

This excerpt taken from the JMP 10-Q filed Nov 8, 2007.

Interest, Dividends and Other Income

Interest, dividends and other income increased $1.4 million, or 56.9%, from $2.5 million for the nine months ended September 30, 2006 to $3.9 million for the same period in 2007. The increase was primarily attributable to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital.

This excerpt taken from the JMP 10-Q filed Aug 10, 2007.

Interest, Dividends and Other Income

Interest, dividends and other income increased $0.9 million, or 64.8%, from $1.4 million for the six months ended June 30, 2006 to $2.3 million for the same period in 2007. The increase was primarily attributable to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital.

This excerpt taken from the JMP 10-Q filed Jun 21, 2007.

Interest, Dividends and Other Income

Interest, dividends and other income increased $0.5 million, or 99.5%, from $0.5 million for the quarter ended March 31, 2006 to $1.0 million for the same period in 2007. The increase was primarily attributable to higher market interest rates, more active cash management, and an increased capital allocation to our investment portfolio, which returned higher interest and dividend income as a percent of total invested capital. In addition, fees earned to raise capital for third-parties also contributed $0.2 million of the increase.

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