Ladenburg Thalmann Financial Services Inc (LTSF) Financial Statements (2026 and earlier)

Company Profile

Business Address 4400 BISCAYNE BLVD.
MIAMI, FL 33137
State of Incorp. FL
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)
Annual | Quarterly

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments251,033239,780167,847182,693262,834204,847
Cash and cash equivalent251,033239,780167,847182,693262,834204,847
Receivables(1,585)(1,599)(1,657)(1,528)(1,452)(1,242)
Contract with customer, asset, after allowance for credit loss     22,20022,000
Total current assets:249,448238,181166,190181,165283,582225,605
Noncurrent Assets
Operating lease, right-of-use asset 31,815  ✕✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 32,06831,46330,81529,99428,59026,307
Intangible asset, including goodwill, after accumulated amortization188,975191,904195,521199,143200,199196,506
Goodwill126,079126,079126,079126,079125,966124,210
Intangible asset, excluding goodwill, after accumulated amortization62,89665,82569,44273,06474,23372,296
Regulated entity, other noncurrent assets8,6608,6336,8017,0867,1915,538
Total noncurrent assets:261,518232,000233,137236,223235,980228,351
Other undisclosed assets307,158347,368361,956323,516281,029293,934
TOTAL ASSETS:818,124817,549761,283740,904800,591747,890
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred compensation liability   20,622  
Contract with customer, liability✕✕✕✕ 11,10011,000
Total current liabilities:   20,62211,10011,000
Noncurrent Liabilities
Liabilities, other than long-term debt13,945     
Deferred income tax liabilities13,945  ✕✕✕
Total noncurrent liabilities:13,945     
Other undisclosed liabilities555,405570,859507,261467,105403,139346,392
Total liabilities:569,350570,859507,261487,727414,239357,392
Equity
Equity, attributable to parent248,781246,618253,970253,126386,307390,466
Preferred stock222222
Common stock151515142020
Additional paid in capital317,735326,928341,768344,356487,752501,348
Accumulated deficit(68,971)(80,327)(87,815)(91,246)(101,467)(110,904)
Equity, attributable to noncontrolling interest(7)7252514532
Total equity:248,774246,690254,022253,177386,352390,498
TOTAL LIABILITIES AND EQUITY:818,124817,549761,283740,904800,591747,890

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues374,532363,580335,455355,121348,875357,756
Brokerage commissions revenue  179,752166,929180,556172,108180,381
Gross profit:374,532363,580335,455355,121348,875357,756
Operating expenses(359,142)(353,982)(330,515)(342,060)(336,164)(343,822)
Operating income:15,3909,5984,94013,06112,71113,934
Interest and debt expense(6,218)(5,573)(5,049) (3,206)(2,154)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes6,1255,4884,937(73)3,1522,104
Income from continuing operations before income taxes:15,2979,5134,82812,98812,65713,884
Income tax expense (benefit)(4,020)(2,005)(1,396)(3,426)(3,207)(4,574)
Income from continuing operations:11,2777,5083,4329,5629,4509,310
Income before gain (loss) on sale of properties:11,2777,5083,4329,5629,4509,310
Net income:11,2777,5083,4329,5629,4509,310
Net income (loss) attributable to noncontrolling interest79(20)(1)(6)(13)(8)
Net income attributable to parent:11,3567,4883,4319,5569,4379,302
Preferred stock dividends and other adjustments(8,702)(8,695)(8,590)(8,508)(8,507)(8,508)
Net income (loss) available to common stockholders, diluted:2,654(1,207)(5,159)1,048930794

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:11,2777,5083,4329,5629,4509,310
Comprehensive income:11,2777,5083,4329,5629,4509,310
Comprehensive income (loss), net of tax, attributable to noncontrolling interest79(20)(1)(6)(13)(8)
Comprehensive income, net of tax, attributable to parent:11,3567,4883,4319,5569,4379,302

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: