Company Profile For Panmure Gordon & Co. Plc

Panmure Gordon & Co. Plc (PMR.L) (London Stock Exchange)

sector: Financials · industry: Investment Services ·

As of 26 Nov 2009

40.00GBp

Price Change

+0.00

Percent Change

+0.00%

Analyst Recommendations

Overview

Panmure Gordon & Co. plc provides corporate and institutional investment banking and stockbroking services. The Company’s United Kingdom business is conducted through two regulated operating subsidiaries: Panmure Gordon (UK) Limited and Panmure Gordon (Broking) Limited. The majority of the Company’s United States business is carried out through ThinkEquity LLC, which is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation and is a registered broker-dealer and investment adviser. The Company operates in two segments: United Kingdom business and United States business. The United Kingdom and United States segments operate in two principal business segments, institutional equities and corporate finance and other fee income.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 December 2008, Panmure Gordon & Co. Plc's revenues decreased 9% to £25.5M. Net loss totaled £28.1M vs. an income of £5.7M. Revenues reflect a decrease in demand fro Company's products & services. Net loss reflects lower corporate finance & other fee income, a rise in commission & trading expenses, higher net loss on available for sale investments and the presence of goodwill impairment.