12 Best & Worst Broker-Dealers: Q3 Earnings, 2022
November 22, 2022 by Janet Levaux
This quarter, only three of the 12 broker-dealers tracked each quarter by ThinkAdvisor reported positive year-over year growth in their profits and earnings per share — down from four BDs in the second quarter of 2022.
In the third quarter, the S&P 500 declined 5.3 versus a drop of 16.1% in the second quarter of 2022. Financial services stocks in the index dropped 5.0% overall in Q3’22.
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Originally Posted at ThinkAdvisor on November 22, 2022 by Janet Levaux.
Categories: Industry Articles