Revenues | |
Investment advisory fees | |
Administrative fees | |
Investment income of savings bank subsidiary | |
Total revenues | |
Interest expense on savings bank deposits | |
Net revenues | |
Operating expenses | |
Compensation and related costs | 386.2M |
Advertising and promotion | 14.7M |
Depreciation and amortization of property and equipment | 34M |
Occupancy and facility costs | |
Other operating expenses | 100.3M |
Total operating expenses | 617.2M |
Net operating income | 475.7M |
Non-operating investment income | |
Income before income taxes | 564M |
Provision for income taxes | |
Net income | 327.8M |
Earnings per share on common stock | |
Basic (in dollars per share) | 1.3 |
Diluted (in dollars per share) | 1.28 |
Dividends declared per share (in dollars per share) | 0.54 |