JMP Group Reports First Quarter 2021 Financial Results
JMP Group LLC (NYSE: JMP) reported its financial results for Q1 2021, showing total net revenues of $38,493 thousand, a decrease from $53,615 thousand in Q4 2020 and an increase from $5,267 thousand in Q1 2020. The net income attributable to JMP Group was $1,089 thousand, down from $9,009 thousand in the previous quarter and a loss of $11,748 thousand in Q1 2020. Earnings per share stood at $0.05, significantly lower than $0.45 per share last quarter and a loss of $0.60 per share a year ago.
- None.
- Total net revenues decreased by 28.3% from Q4 2020.
- Net income dropped substantially from $9,009 thousand in Q4 2020 to $1,089 thousand in Q1 2021.
- Earnings per share decreased from $0.45 in Q4 2020 to $0.05 in Q1 2021.
JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended March 31, 2021.
A summary of JMP Group’s operating results for the quarter ended March 31, 2021, and for comparable prior periods, is set forth below.
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| (in thousands, except per share amounts) | Mar. 31, 2021 | Dec. 31, 2020 | Mar. 31, 2020 | |||||
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| Net income/(loss) attributable to JMP Group |
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| Net income/(loss) attributable to JMP Group per share |
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| Operating net income/(loss) |
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