NYSE Financial Sector Bulls: The Blackstone Group L.P, NYSE:BX, Chimera Investment Corporation, NYSE:CIM, New York Community Bancorp, Inc, NYSE:NYB
The Blackstone Group L.P. (NYSE:BX)
About The Blackstone Group L.P. (NYSE:BX) The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. The Company is an independent manager of private capital with assets under management of $98.2 billion, as of December 31, 2009. Blackstone provides a range of financial advisory services, including corporate and mergers and acquisitions, restructuring and reorganization and fund placement services. The Company operates in four segments: Private Equity, Real Estate, Credit and Marketable Alternatives, which consists of its management of funds of hedge funds, credit-oriented funds and separately managed accounts, CLOs and publicly-traded closed-end mutual funds, and Financial Advisory, which consists of its corporate and mergers and acquisitions advisory services, restructuring and reorganization advisory
services and Park Hill Group, which provides fund placement services for alternative investment funds.
Statistics Symbol
BX
Beta:
2.31
Current Price
$14.55
Market Capitalization:
17.90b
52 week range
$8.93 - $15.49
Shares Outstanding
367.66M
Avg Volume
2.94M
Float:
247.09m
Financials The Blackstone Group L.P. (NYSE:BX) generated the total revenue of $769.46 million for the quarter ended September 30th, 2010 reporting a surge of reporting a surge of 31 percent as compared to the total revenue of $586.43 million for the same period last year. However the company ended with net loss of $44.36 million ending in loss of $0.12 per share for the respective quarter. The company’s total assets accumulate up to $17.74 billion according to its balance as on September 30th, 2010. The company maintains the current ratio of 1.28 times depicting that current assets are maintained 1.28 times more than the company’s current liabilities.
Chimera Investment Corporation (NYSE:CIM)
About Chimera Investment Corporation (NYSE:CIM) Chimera Investment Corporation is a specialty finance company that invests, either directly or indirectly through its subsidiaries, in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company (FIDAC). The Company's targeted asset classes and the principal investments it expects to make includes RMBS comprising agency and non-agency RMBS, residential mortgage loans consisting of prime mortgage loans, jumbo mortgage loans, and Alt-A mortgage loans and other asset backed securities (ABS) consisting of debt and equity tranches of collateralized debt obligations (CDOs), commercial mortgage backed securities (CMBS) and consumer and non-consumer ABS.
Statistics Symbol
CIM
EPS:
0.64
Current Price
$4.27
Market Capitalization:
3.77B
52 week range
$3.50 - $4.36
52 week change
24.57%
Avg Volume
14.05M
P/E (ttm)
6.72
Financials According to the last financials statements ending on September 30 th, 2010 Chimera Investment Corporation (NYSE:CIM) has generated the total revenue of $166.26 million for the quarter reporting an increase of 59 percent as compared to total revenue of $104.69 million for the same period last year. The company maintains a high net profit margin of 76 percent with net income of $126.44 million for the quarter ended September 30th, 2010. The profit results in to earnings of $0.14 per share for the respective quarter. The company’s total assets accumulate up to $7.23 billion with highest proportion of fixed assets standing at $7.17 billion in form of long term investments. The total liabilities stand at $4.33 billion whereas total equity stand at $2.90 billion as on September 30th, 2010.
New York Community Bancorp, Inc. (NYSE:NYB)
About New York Community Bancorp, Inc. (NYSE:NYB) New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City. The Company has two bank subsidiaries: New York Community Bank, a thrift with 242 branches serving customers throughout Metro New York, New Jersey, Florida, Ohio, and Arizona, and New York Commercial Bank, with 35 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York. New York Community Bank operates through seven local divisions: Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, Garden State Community Bank in New Jersey, Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The New York Community Bank operates 18 of its branches under the divisional name Atlantic Bank. It has assets of $42.2 billion at December 31, 2009. On December 4, 2009, it acquired AmTrust Bank.
Statistics Symbol
NYB
EPS:
1.32
Current Price
$19.30
Market Capitalization:
8.41B
52 week range
$14.24 - $19.31
52 week change
35%
Avg Volume
2.81B
P/E (ttm)
14.62
Financials New York Community Bancorp, Inc. (NYSE:NYB) reports the net profit of $135.16 million for the quarter ended September 30th, 2010. The company’s net profit has been increased by 37.5 percent as compared to net income of $98.57 million for the same period last year. The company’s diluted earnings stand at $0.31 per share for the respective quarter. The company’s total assets accumulate up to $41.70 billion as compared to its total liabilities of $36.21 billion. The total equity for NYB stands at $5.49 billion as on September 30th, 2010.
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