LaBranche & Co. Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: LC15DDF03DBBEN
BAC Reports

Abstracts

LaBranche & Co. Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between LaBranche & Co. Inc. and its competitors. This provides our Clients with a clear understanding of LaBranche & Co. Inc. position in the Industry.

• The report contains detailed information about LaBranche & Co. Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for LaBranche & Co. Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The LaBranche & Co. Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes LaBranche & Co. Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of LaBranche & Co. Inc. business.

About LaBranche & Co. Inc.

LaBranche & Co Inc., through its subsidiaries, operates as a registered broker-dealer in the United States.

Segments

The company’s business principally operates in two separate segments: the Market-Making segment and the Institutional Brokerage segment.

MARKET-MAKING SEGMENT

The Market-Making segment consists of registered broker-dealers that operate as market makers in equity options, index options, exchange-traded fund (ETF) options, foreign exchange options, futures, structured notes, and ETFs, and engage in hedging and market risk mitigation trading in securities directly related to its market making operations. The company has trading operations in both domestic and global securities markets in which its provision of liquidity is necessary and advantageous to the markets in which it operates. The company’s market-making and liquidity provision activities are performed algorithmically, manually or telephonically by furnishing bona fide competitive bid and offer quotations continuously or regularly upon request and being willing and able to effect transactions at those quotes in marketable quantities.

This segment includes the operations of following subsidiaries: LaBranche Structured Products, LLC (LSP), which operates as a market-maker in various securities on the NYSE Amex Exchange, the NYSE Arca Exchange, the New York Board of Trade (NYBOT), the Philadelphia Stock Exchange (PHLX), and the Chicago Board Options Exchange (CBOE); LaBranche Structured Products Europe Limited (LSPE), which operates primarily as a market-maker for ETFs traded on the London Stock Exchange and the Euroex and Euronext Exchanges; and LaBranche Structured Products Hong Kong Limited (LSPH), which operates as a market-maker for ETFs and engages in hedging transactions in Asia.

Options, Futures and ETFs and Market-Maker Business

As a market maker in options, futures and ETFs, the company is responsible for maintaining a fair and orderly market in the trading of those securities. To hedge the risk of its derivative positions, the company may buy or sell the underlying assets. As a market-maker, it also trades these derivative securities as principal out of both obligation and inclination.

As a market-maker in options, ETFs and futures, both domestically and internationally, its Market-Making segment generally engages in a course of dealings that is reasonably calculated to contribute to the maintenance of a fair and orderly market. The company also may hedge these positions with the underlying assets or other financial instruments. In its market-making function, the company either regularly publishes bona fide competitive bid, and offers quotations in its securities on an interdealer quotation system, such as the NYSE Arca Exchange and CBOE, or the company furnishes bona fide competitive bid and offers quotations to other broker dealers upon their request.

Competition

The company’s principal competitors in the ETF specialist business are Spear, Leeds & Kellogg Specialists LLC, Bear Wagner Specialists LLC (Bear Wagner became Barclays), and Kellogg Group Specialists LLC. Its competitors also include Goldman Sachs, Susquehanna Investment Group, Citadel Investment Group and Timber Hill, Knight Trading, and Interactive Brokers.

INSTITUTIONAL BROKERAGE SEGMENT

The Institutional Brokerage segment includes the operations of LaBranche Financial Services, LLC (LFS), which provides securities execution to institutional clients and professional traders through its Institutional Execution Group (IEG). LFS also is a market-maker in over-the-counter, bulletin board, and pink sheet securities serving as a liquidity provider in those securities. IEG handles and, through an outsourced clearing relationship with a major Wall Street firm, clears trades on every major domestic stock exchange, with straight-through processing from order origination to trade execution. IEG also provides soft dollar execution and other administrative services to institutional customers. IEG has active relationships with approximately 300 accounts and is developing its business nationwide.

The Institutional Brokerage segment also includes an agency business that trades high-yield debt on behalf of its institutional customers and also acts as agent for its holding company in transactions concerning lever debt and leveraged aged loans and commercial loans.

Dispositions

In January 2010, the company sold the designated market making operations of LaBranche & Co. LLC to Barclays Capital Inc., a division of Barclays Bank PLC.

History

LaBranche & Co. Inc. was founded in 1924.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. LABRANCHE & CO. INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. LABRANCHE & CO. INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. LABRANCHE & CO. INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. LABRANCHE & CO. INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. LABRANCHE & CO. INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. LaBranche & Co. Inc. Direct Competitors
5.2. Comparison of LaBranche & Co. Inc. and Direct Competitors Financial Ratios
5.3. Comparison of LaBranche & Co. Inc. and Direct Competitors Stock Charts
5.4. LaBranche & Co. Inc. Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. LaBranche & Co. Inc. Industry Position Analysis

6. LABRANCHE & CO. INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. LABRANCHE & CO. INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. LABRANCHE & CO. INC. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. LABRANCHE & CO. INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. LABRANCHE & CO. INC. PORTER FIVE FORCES ANALYSIS²

12. LABRANCHE & CO. INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

LaBranche & Co. Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
LaBranche & Co. Inc. 1-year Stock Charts
LaBranche & Co. Inc. 5-year Stock Charts
LaBranche & Co. Inc. vs. Main Indexes 1-year Stock Chart
LaBranche & Co. Inc. vs. Direct Competitors 1-year Stock Charts
LaBranche & Co. Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

LaBranche & Co. Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
LaBranche & Co. Inc. Key Executives
LaBranche & Co. Inc. Major Shareholders
LaBranche & Co. Inc. History
LaBranche & Co. Inc. Products
Revenues by Segment
Revenues by Region
LaBranche & Co. Inc. Offices and Representations
LaBranche & Co. Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
LaBranche & Co. Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
LaBranche & Co. Inc. Capital Market Snapshot
LaBranche & Co. Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
LaBranche & Co. Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
LaBranche & Co. Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?