Blackstone Group generated $ 100 million in net transaction -
fee revenue last year, or about an eighth of its private - equity revenue, and the firm has collected $ 305 million in such fees during the past three years.
Not exact matches
Research company Moebs $ ervices says that banks earned $ 31.5 billion in overdraft
fee revenue for the fiscal year ending
last June 30, a $ 700 million increase over the previous year.
Other income for the Direct Banking segment decreased $ 21 million from
last year's second quarter as a result of lower late
fees, lower transition services
revenue related to the Student Loan Corporation and a decline in protection products
revenue.
Wait no not that at all, he runs Goldman Sachs Asset Management, «the smallest division at Goldman Sachs Group Inc. and usually the
last one investors ask about,» but one that is having a moment recently, since it's performing well (both for customers and for the bank) and provides the sort of recurring
fee - type
revenue that you don't really get in prop trading.
Bank of America Merrill Lynch earned more
fee revenue than any other bank in consumer products and retail
last year, and came in second in consumer staples, raking in a total of $ 751.9 million in
fees, according to Thomson Reuters.
The Nordic bank, which will move its headquarters to Finland later this year, said
revenues were down 6 percent to 2.3 billion euros compared to the same period
last year due to lower mortgage margins, higher resolution fund
fees and lower activity in capital markets.
Despite the recession, Rocky Mountain Chocolate Factory has seen increases in
revenue from franchise
fees and royalty
fees over the
last fiscal year, and as such has a lot of hope for the future.
To make sure
revenue meets expenses without borrowing, Mangano wants to increase by an undetermined amount the $ 55 surcharge on traffic tickets adopted
last year, to raise $ 35 million, and hike
fees for filing tax verification — now $ 355 — and block maps — now $ 300 — by $ 100 each, to raise $ 25 million.
The proposal for the new job title surfaced after an administration foul - up
last month in which officials, who had hoped to have higher auto registration
fees in place
last year found out in April that no one consulted with the state Department of Motor Vehicles about implementing the
fee, which could lose the county $ 10 million in
revenue this year.
The Senate on Aug. 3 approved the
last budget bill — the so - called «
revenue» legislation — that calls for more than $ 1 billion in new tax and
fee hikes and several hundred million dollars of other
revenue «actions» to help balance the $ 136 billion fiscal plan.
Flow control would bring in the
last 20 percent, and the
revenue gained from the per - ton tipping
fees would ostensibly make up the gap.
Well, for the
last four months it has been completely down and unavailable because hosting
fees for a dedicated Windows server was very high and the
revenue from the script was fairly low.
Williams Companies (WMB) had paid higher dividends each year since 2004, grown its dividend by 38 % per year over the
last five years, and earned most of its income from regulated assets generating «safe»
fee - based
revenue from long - term contracts.
And I haven't even updated my current TAM valuation... OK, let's add some fuel to the fire: As I mentioned, the company's current
revenue run - rate is $ 24.8 m. [Including $ 1.2 m of incentive
fees (plus a
last gasp $ 127 K of referral
fees), which management indicates may be much lower this yr - end.
Now, granted: Over the
last 5 years, AUME growth been impressive, but the continued decline in
fee rates & the virtual absence of performance
fees means
revenue / earnings were stable at best (averaging # 20 million & 2.4 p per share, respectively).
A business that's grown AUM almost 60 % in the
last 5 years, and earns a consistent 36 % operating margin (i.e. pre-tax DE) on $ 1 billion +
revenue (i.e. 1.4 % in management & incentive
fees).
After the new overdraft law
last year restricted banks from collecting overdraft
fees, which happened to be one of their major income sources, banks are looking for other ways to make up the lost
revenue, one of them is eliminating free checking and replacing it with one that either has monthly maintenance
fee or requires a high account balance to avoid such
fee.
Both efforts benefited from a recent rebound in county
revenues, which budget officials say left an extra $ 11.3 million in excess
fees,
revenues and unspent money from
last year's budget.
The
last time someone proposed using a
fee or tax on energy to raise
revenues to pay down a deficit, in 1993, it was defeated with the help of coal - friendly Democrats.
Preliminary results unveiled by the duo saw Watson Farley's
fee income increase to # 131.2 m from # 125.2 m while RPC breached the # 100m
revenue barrier for the first time to record turnover of # 100.5 m, up from # 94m
last year.
As Alex Novarese of Legal Week is right to point out, overall
revenue in the UK legal market
last year fell for the first time in living memory, but even if the overall size of the legal market in the UK remains static or falls (a tussle between the opposing forces of economic growth increasing demand on the one hand and business pressures to reduce
fees and outsource on the other), market dynamics dictate that the
revenue will be clustered differently, with the moderate - high
fees currently enjoyed by the mid-tier for mid-market work under the most severe attack, the beneficiaries being niche firms and LPO providers.
Fieldfisher has posted a 10 % rise in
revenue for the first six months of 2016 - 17, with
fee income up to # 64.1 m from # 58.4 m at the same point
last year.
Watson Farley & Williams grew
revenue by more than 20 % during the
last financial year, with
fee income almost hitting # 160m.
Recurring
fees are
revenue you can count on, and clients who sign up for a subscription can become your best, longest -
lasting clients.
* Winston & Strawn
revenue up 19 percent
last year after securing a hefty contingency
fee in the pink slime matter.
Questech, a government contractor with $ 50 million in
revenue last year, spent up to $ 1 million annually on legal
fees — until an audit uncovered overbilling.
As you know, for a large company like ours, incurring legal
fees at 1 percent of our
revenue in the
last three years, this translated into millions of incremental earnings.
And while # 2.9 M is orders of magnitude larger than Uber's 2013
fee, it hardly represents a sizable burden to the ride - hailing giant's bottom line, with
revenues hitting some $ 6.5 BN globally
last year.
As a result, according to its recently released quarterly financial report, Cendant
revenue from franchise royalty
fees increased $ 12.3 million (15 percent) compared with the same period
last year.