ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for smarter Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
Institutional Financial Markets, Inc. (delisted)

Institutional Financial Markets, Inc. (delisted) (IFMI)

1.16
0.00
( 0.00% )
Updated: 20:00:00

Unlock more advanced trading tools

Join ADVFN today

Key stats and details

Current Price
1.16
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
1.16
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
-
Financial Volume
-
VWAP
-

IFMI Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
BDRXBiodexa Pharmaceuticals PLC
$ 1.2017
(65.80%)
66.72M
IBRXImmunityBio Inc
$ 7.56
(47.95%)
31.67M
AGENAgenus Inc
$ 11.8407
(42.66%)
2.84M
ULHUniversal Logistics Holdings Inc
$ 45.67
(38.86%)
418.32k
NIVFNewGenIvf Group Ltd
$ 1.795
(38.08%)
56.68M
MFImF International Ltd
$ 2.3499
(-77.49%)
20.4M
NWGLNature Wood Group Ltd
$ 5.40
(-67.95%)
2.12M
ICLKiClick Interactive Asia Group Ltd
$ 1.2399
(-50.99%)
675.46k
NUWENewellis Inc
$ 0.169
(-41.52%)
17.77M
SGBXSafe and Green Holdings Corporation
$ 0.145
(-33.79%)
7.87M
PEGYPineapple Energy Inc
$ 0.0656
(26.40%)
312.35M
SQQQProShares UltraPro Short QQQ
$ 11.3411
(-5.49%)
123.26M
INTCIntel Corporation
$ 31.895
(-9.16%)
99.78M
TSLATesla Inc
$ 167.42
(-1.62%)
96.3M
NKLANikola Corporation
$ 0.6399
(6.65%)
66.91M

IFMI Discussion

View Posts
zyediq zyediq 7 years ago
I work as a financial consultant for my clients and We have a direct genuine provider for BG/ SBLC specifically for lease, at affordable leasing price of any amount of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.
email:zyed.lease@gmail.com
Skype: zyed.hussain

Thanks
👍️0
1center 1center 7 years ago
Q4 and 2016 financial report, CC on 3/14/17....
$IFMI

http://www.ifmi.com/wp-content/uploads/2017/03/IFMI-Sets-Release-Date-for-4Q16-and-Full-Year-Financial-Results.pdf
👍️0
Lazy Money Lazy Money 7 years ago
$IFMI - delays in financials. Wonder what is up?
👍️0
1center 1center 7 years ago
$IFMI 1.28 Annual report due anytime. Links to Q3 & 9 months review
Institutional #Financial Markets Inc

http://www.ifmi.com/wp-content/uploads/2016/11/IFMI-Announces-3Q16-Financial-Results.pdf

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11661882

All SEC filings
https://www.otcmarkets.com/stock/IFMI/filings

http://www.ifmi.com
👍️0
Doctor P Doctor P 7 years ago
Something is up....another 40K shares just got snagged.
Over 300K shares on the day.
👍️0
Tstorm Tstorm 7 years ago
Crooked MM`s here. Always closing the price lower than the actual closing price with small trades after hours always at 4:02 and uses that as the closing price. Its been going on for months. Why is a trade after hours allowed to be used as the official closing price??
👍️0
illegal_alias illegal_alias 7 years ago
Here's what I figured out from the 2015 filings. As of Q3 2015 the net loss for the year was (.09). In the 10K for 2015 the net loss was stated at (.28) meaning IFMI had a Q4 loss of (.19) Big surprise at end of quarter. So TTM for now is (.02) - big improvement over 2015. The 2016 Q4 will be critical - they could return to profitability for the first time in many years.

The fully diluted 0/s is 17,261,992, so that would put BV at $2.70/share. Yes, undervalued.

Interesting that they have given out divis steadily during losing years.
👍️0
illegal_alias illegal_alias 7 years ago
OK. I guess I was wrong, they do file. Must have mixed them up someone else. I'll take a deeper dive.
👍️0
1center 1center 7 years ago
From Q3 here's what I got...$IFMI 1.28..Q3 ended September 30, 2016, we repurchased shares of Common Stock in the open market..announced .02 dividend

Institutional Financial Markets, Inc.
http://www.ifmi.com/  

Q3 Press
http://www.ifmi.com/wp-content/uploads/2016/11/IFMI-Announces-3Q16-Financial-Results.pdf

SEC Filing
https://www.sec.gov/Archives/edgar/data/1270436/000127043616000028/ifmi-20160930x10q.htm

Outstanding Shares
12,089,182
a/o Oct 28, 2016

http://www.otcmarkets.com/stock/IFMI/profile

Book Value Per Share
3.21

Average Volume (3 month)
17,750.47
Average Volume (10 days)
35,228.70

http://seekingalpha.com/symbol/IFMI/key-data
👍️0
illegal_alias illegal_alias 7 years ago
I'll take a look again. Been on my watch list. I think the reason it is undervalued is because it doesn't report to the SEC. I'll have to calculate a TTM EPS if I can find a fourth quarter earnings PR. But of to store first.
👍️0
1center 1center 7 years ago
What do you think now? $IFMI - Bought a few, 400shrs
@1.21. Looks undervalued but to be honest I don't
know the interworkings of it. More work to do.

TY
👍️0
Tstorm Tstorm 7 years ago
$IFMI - US Mortgage rates jump to 2 year high
https://www.bloomberg.com/news/articles/2016-12-22/u-s-mortgage-rates-jump-to-more-than-2-year-high-after-fed-hike
👍️0
Tstorm Tstorm 7 years ago
Nice bid support today - $IFMI
👍️0
Tstorm Tstorm 7 years ago
POS market maker here undercutting the ask when larger orders hit the ask then he follows up with a 100 lot trade at the bid to nullify any upward movement.... What a joke!
👍️0
Tstorm Tstorm 7 years ago
I can`t believe that there isnt any volume here especially with a quarterly dividend and 3 positive quarters. I dont get it.... $IFMI
👍️0
Karmasaur Karmasaur 7 years ago
I was wondering about that as well. What is the driver of this company? Is it just a matter of interest rates rising and a little deregulation to drive up earnings? I am impressed that it both survived the financial meltdown, and that management has trimmed so much fat as to allow for three straight quarters of profit.
👍️0
Tstorm Tstorm 7 years ago
I couldnt agree more and with the election result we have it should bode EXTREMELY well for $IFMI.
👍️0
Karmasaur Karmasaur 7 years ago
I like this stock. In a climate of eventual Fed rate hikes, this looks like it could be a huge gainer over the longer term.
👍️0
Tstorm Tstorm 8 years ago
I just reported to the SEC that the market maker is listing the closing price as the after hours trade that he keeps doing when he makes a trade at a much lower bid price then what it was when it closed. Total BS
👍️0
Tstorm Tstorm 8 years ago
Stock is RED hot. What a chart! $IFMI
👍️0
Alex_31 Alex_31 8 years ago
Pump n dump
👍️0
Yo-Yo Yo-Yo 8 years ago
What's going on here? GLTA
👍️0
illegal_alias illegal_alias 9 years ago
I had picked up a small position, but after re-evaluating dumped it. I'll continue to watch - on my list.
👍️0
genlou genlou 9 years ago
illegal,I hope IFMI hard work paid off last quarter. "IFMI is beginning to realize the benefits of our team's hard work, and we remain focused on positioning the Company for future success and value creation."

I am not sure if buying shares before earnings is a good idea.
👍️0
illegal_alias illegal_alias 9 years ago
Time to re-evaluate that comment.
👍️0
genlou genlou 9 years ago
illegal, I hope so,let's see if the company is profitable this company.
👍️0
illegal_alias illegal_alias 9 years ago
Genlou, I think you spotted a good one here.
👍️0
genlou genlou 9 years ago
Salty,good information.
👍️0
SaltyMutt SaltyMutt 9 years ago
IFMI looks pretty good.

According to Scottrade 50.7% of the OS is insider owned.
👍️0
illegal_alias illegal_alias 9 years ago
Looks promising. let's see if they are profitable next quarter.
👍️0
genlou genlou 9 years ago
Fourth Quarter Net Income of $3.7 Million or $0.19 per Diluted Share

Fourth Quarter Adjusted Operating Income of $4.7 Million or $0.23 per Diluted Share

Full Year Adjusted Operating Income of $5.8 Million or $0.29 per Diluted Share

Full Year Total Operating Expenses Decreased $23.2 Million, or 29%, from 2013

Board Declares Dividend of $0.02 per Share

Sale of European Operations Expected to Close in First Half of 2015


PHILADELPHIA and NEW YORK, March 5, 2015 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (IFMI), a financial services firm specializing in credit-related fixed income investments, today reported financial results for its fourth quarter and year ended December 31, 2014.

Net income was $3.7 million, or $0.19 per diluted share, for the three months ended December 31, 2014, compared to net loss of $1.7 million, or $0.08 per diluted share, for the three months ended September 30, 2014, and net loss of $6.1 million, or $0.28 per diluted share, for the three months ended December 31, 2013. Net loss was $3.7 million, or $0.17 per diluted share, for the year ended December 31, 2014, compared to net loss of $19.9 million, or $1.08 per diluted share, for the year ended December 31, 2013. Excluding impairment of goodwill, net loss would have been $0.6 million for the year ended December 31, 2014.
Adjusted operating income was $4.7 million, or $0.23 per diluted share, for the three months ended December 31, 2014, compared to adjusted operating loss of $0.1 million, or $0.01 per diluted share, for the three months ended September 30, 2014, and adjusted operating loss of $6.4 million, or $0.32 per diluted share, for the three months ended December 31, 2013. Adjusted operating income was $5.8 million, or $0.29 per diluted share, for the year ended December 31, 2014, compared to adjusted operating loss of $17.7 million, or $1.00 per diluted share, for the year ended December 31, 2013. Adjusted operating income is not a measure recognized under US generally accepted accounting principles ("GAAP"). See Note 1 on page 4.
Revenue was $17.8 million for the three months ended December 31, 2014, compared to revenue of $10.6 million for the three months ended September 30, 2014, and revenue of $11.7 million for the three months ended December 31, 2013. Revenue was $55.8 million for the year ended December 31, 2014, compared to revenue of $57.5 million for the year ended December 31, 2013.
Total operating expenses were $55.5 million for the year ended December 31, 2014, compared to $78.6 million for the year ended December 31, 2013, a reduction of $23.2 million or 29%. Excluding the impairment of goodwill charge in 2014, the annual total operating expenses would have improved $26.3 million, or 33%, from 2013.
Compensation as a percentage of revenue was 43% for the three months ended December 31, 2014, compared to 63% for the three months ended September 30, 2014, and 82% for the three months ended December 31, 2013. Compensation as a percentage of revenue was 53% for the year ended December 31, 2014, compared to 82% for the year ended December 31, 2013. The number of employees was 111 as of December 31, 2014, compared to 118 as of September 30, 2014, and 148 as of December 31, 2013.
Non-compensation operating costs, excluding depreciation and amortization and impairment of goodwill, were $5.7 million for the three months ended December 31, 2014, compared to $4.3 million for the three months ended September 30, 2014, and $8.6 million for the three months ended December 31, 2013. Non-compensation operating costs, excluding depreciation and amortization and impairment of goodwill, were $21.5 million for the year ended December 31, 2014, compared to $30.0 million for the year ended December 31, 2013, a year-over-year reduction of 29%.

Lester Brafman, Chief Executive Officer of IFMI, said, "We are pleased that the execution of our strategic initiatives is starting to positively impact our operating results as IFMI reported its best quarterly adjusted operating income in over four years. The pending sale of our European subsidiaries is on track to close in the first half of 2015. Today, IFMI is beginning to realize the benefits of our team's hard work, and we remain focused on positioning the Company for future success and value creation."

Capital Markets Revenue

Net trading revenue was $8.2 million for the three months ended December 31, 2014, compared to $6.3 million for the three months ended September 30, 2014, and $6.0 million for the three months ended December 31, 2013. Net trading revenue was $28.1 million for the year ended December 31, 2014, compared to $38.5 million for the year ended December 31, 2013. The increase from prior quarter was primarily due to more trading revenue from the Company's corporate groups, while the increase from prior year quarter was primarily due to more trading revenue from the corporate, SBA, and TBA groups. The decrease from prior year was primarily driven by the restructuring and consolidation of the Company's U.S. broker-dealer operations in the second half of 2013, particularly the elimination of certain business lines and a significant reduction in the number of revenue producers from the prior year period.

New issue and advisory revenue was $2.2 million for the three months ended December 31, 2014, compared to $0.3 million for the three months ended September 30, 2014, and $1.2 million for the three months ended December 31, 2013. New issue and advisory revenue was $5.2 million for the year ended December 31, 2014, compared to $6.4 million for the year ended December 31, 2013. The increase from both prior quarter and prior year quarter was primarily due to European advisory fees received in the fourth quarter of 2014. The decrease from prior year was primarily due to the termination of the Company's SPAC investment banking team in early 2014, partially offset by the European advisory fees received in the fourth quarter of 2014.
👍️0
keyscruiser keyscruiser 10 years ago
Wonder if I can get a job here...???
From today's filing...

Compensation and benefits expense was $8.0 million for the three months ended March 31, 2014,
👍️0
MrG MrG 11 years ago
They knocked that one outta da park...
👍️0
Penny Roger$ Penny Roger$ 12 years ago
~ Monday! $IFMI ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $IFMI ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=IFMI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=IFMI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=IFMI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=IFMI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=IFMI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=IFMI
Finviz: http://finviz.com/quote.ashx?t=IFMI
~ BusyStock: http://busystock.com/i.php?s=IFMI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=IFMI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 12 years ago
Institutional Financial Markets, Inc., formerly Cohen & Company Inc., is an an investment firm specializing in credit-related fixed income investments. The Company operates in three business segments: Capital Markets, Asset Management and Principal Investing. The Capital Markets business segment consists of credit-related fixed income sales and trading as well as new issue placements in corporate and securitized products and advisory services. The Asset Management business segment manages assets within a variety of investment vehicles, including investment funds, managed accounts, permanent capital vehicles, and collateralized debt obligations. As of December 31, 2010, the Company had $10.3 billion in assets under management (AUM). The Principal Investing business segment is comprised primarily of its investments in the investment vehicles it manages. On January 1, 2010, the Company ceased to qualify as a real estate investment trust (REIT).

http://www.google.com/finance?q=IFMI
👍️0

Your Recent History

Delayed Upgrade Clock