KBW, INC.
Financials · Security Brokers, Dealers & Flotation Companies · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | FY08 | |
|---|---|---|---|---|
| Revenue | $95.2M | $133.3M | $387.2M | $242.2M |
| Operating income | — | — | — | — |
| Net income | $4.6M | $11.6M | $23.6M | −$62.3M |
| Total assets | $519.1M | $699.7M | $631.4M | — |
| Total liabilities | $135.9M | $241.5M | $182.3M | — |
| Equity | $383.2M | $458.1M | $449.1M | $396.7M |
| EPS (diluted) | $0.13 | $0.32 | $0.66 | $-2.02 |
| Shares out. | 36.6M | 31.7M | 30.7M | 29.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- —
- Net margin
- 4.9%
- Return on equity
- 1.2%
- Return on assets
- 0.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 26.2%
- Debt / equity
- 0.35×
- Book value / share
- $10.47
- Revenue growth (YoY)
- −28.6%
- Net income growth (YoY)
- −60.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2011- Accruals / assets
- −11.7%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 3 good- Revenue declined year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventFeb 19, 2013
- Shareholder voteFeb 12, 2013
- Other material eventJan 4, 2013
- Director / officer changeDec 21, 2012
- Other material eventDec 14, 2012
- Other material eventNov 29, 2012
- Entered a material agreement · Director / officer changeNov 9, 2012
- Results of operations · Costs from exit or disposal · Director / officer change · Regulation FD disclosureNov 5, 2012
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- EFFECTMar 5, 2013
- 15-12BFeb 25, 2013
- S-8 POSFeb 19, 2013
- 8-KFeb 19, 2013
- S-8 POSFeb 19, 2013
- S-8 POSFeb 19, 2013
- S-8 POSFeb 19, 2013
- POS AMPOST-EFFECTIVE AMENDMENT NO. 3 TO FORM S-3Feb 19, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
- 4FORM 4Feb 15, 2013
Event-driven situations (1)
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