FBR & Co (FBRC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1300 NORTH 17TH STREET ARLINGTON, VA 22209 |
| State of Incorp. | VA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 75,019 | 84,103 | 166,660 | 207,973 | 174,925 | |||
| Cash and cash equivalents | 75,019 | 70,067 | 108,962 | 207,973 | 174,925 | |||
| Short-term investments | 14,036 | 57,698 | ||||||
| Total current assets: | 75,019 | 84,103 | 166,660 | 207,973 | 174,925 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 12,624 | 15,071 | 15,388 | 3,286 | 3,693 | |||
| Long-term investments and receivables | 6,539 | 7,000 | 7,681 | |||||
| Long-term investments | 6,539 | 7,000 | 7,681 | |||||
| Intangible assets, net (including goodwill), including: | 4,490 | 6,273 | 4,921 | ✕ | ✕ | |||
| Goodwill | 2,570 | 3,829 | ||||||
| Intangible assets, net (excluding goodwill) | 1,920 | 2,444 | ||||||
| Other undisclosed intangible assets, net (including goodwill) | 4,921 | ✕ | ✕ | |||||
| Total noncurrent assets: | 17,114 | 27,883 | 27,309 | 10,967 | 3,693 | |||
| Other undisclosed assets | 945,808 | 821,430 | 841,128 | 191,632 | 154,826 | |||
| TOTAL ASSETS: | 1,037,941 | 933,416 | 1,035,097 | 410,572 | 333,444 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Securities loaned | 892,309 | 687,443 | 595,717 | |||||
| Total current liabilities: | 892,309 | 687,443 | 595,717 | |||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 28,214 | 35,206 | 178,974 | 119,795 | 93,580 | |||
| Total liabilities: | 920,523 | 722,649 | 774,691 | 119,795 | 93,580 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 117,418 | 210,767 | 260,406 | 290,777 | 239,864 | |||
| Common stock | 7 | 7 | 8 | 11 | 49 | |||
| Additional paid in capital | 252,311 | 259,011 | 302,720 | 362,983 | 402,631 | |||
| Accumulated other comprehensive income (loss) | 44 | 34 | (1,094) | |||||
| Accumulated deficit | (149,671) | (84,180) | (76,719) | (93,738) | (186,650) | |||
| Other undisclosed equity, attributable to parent | 14,771 | 35,929 | 34,353 | 21,487 | 24,928 | |||
| Total equity: | 117,418 | 210,767 | 260,406 | 290,777 | 239,864 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,037,941 | 933,416 | 1,035,097 | 410,572 | 333,444 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 119,705 | 155,432 | 203,308 | 259,821 | 151,492 | ||
| Gross profit: | 119,705 | 155,432 | 203,308 | 259,821 | 151,492 | ||
| Operating expenses | (119,369) | (135,083) | (164,010) | (155,821) | (95,456) | ||
| Operating income: | 336 | 20,349 | 39,298 | 104,000 | 56,036 | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | (1,903) | 9,233 | 691 | (3,608) | |||
| Interest and debt expense | (21,388) | (35,037) | (21,183) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 833 | (9,988) | (47,421) | (48,500) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (21,052) | (15,758) | 17,360 | 57,270 | 3,928 | ||
| Other undisclosed loss from continuing operations before income taxes | (6,700) | ||||||
| Income (loss) from continuing operations before income taxes: | (27,752) | (15,758) | 17,360 | 57,270 | 3,928 | ||
| Income tax expense (benefit) | (38,252) | 8,297 | (341) | 27,483 | 1,078 | ||
| Income (loss) from continuing operations: | (66,004) | (7,461) | 17,019 | 84,753 | 5,006 | ||
| Income (loss) before gain (loss) on sale of properties: | (66,004) | (7,461) | 17,019 | 84,138 | 3,741 | ||
| Loss from discontinued operations | (615) | (1,265) | |||||
| Net income (loss): | (66,004) | (7,461) | 17,019 | 84,138 | 3,741 | ||
| Other undisclosed net income attributable to parent | 8,774 | 25,950 | |||||
| Net income (loss) available to common stockholders, diluted: | (66,004) | (7,461) | 17,019 | 92,912 | 29,691 | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (66,004) | (7,461) | 17,019 | 84,138 | 3,741 | ||
| Other comprehensive loss | (28) | (7) | |||||
| Comprehensive income (loss): | (66,004) | (7,489) | 17,012 | 84,138 | 3,741 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (16) | 17 | 9,902 | 24,837 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (66,004) | (7,505) | 17,029 | 94,040 | 28,578 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.