CME Group Logo for FacebookCME Group (NASDAQ:CME), one of the largest global futures and options exchanges, posted a 10.6% year-on-year increase in net income in 2015 showed the report, released on Friday.
The total revenue of the CME group for 2015 was $3.3 billion and the operating income was $2 billion. The net income for the same period was $1.25 billion – 10.6% more than in 2014, when it was $1.13.
Also on Friday CME Group reported its results for the fourth quarter of 2015. They show that the group had a total revenue of $ 814 million and operating income of $ 470 million. The net income for Q4 was $292 million. This, in spite the overall yearly rise in the net income, is 4.8% lower than in Q4 2014.
“In 2015, we reached record levels of volume and revenue as we enabled our increasing number of customers around the world to manage risk,” said CME Group Executive Chairman and President Terry Duffy. “We saw year-over-year revenue growth in five of our six product lines, with particular strength in energy and agricultural products as well as our overall options business. Continuing this momentum, we had record monthly volume in January 2016, with more than 18 million contracts per day traded, up 16 percent. Given the underlying strength of our business, we announced a 20 percent increase in our next regular quarterly dividend to 60 cents per share. In each of the prior four years, our total dividend yield has exceeded five percent.”
“We were pleased to deliver an increase of 7 percent in revenue and 15 percent in adjusted net income during 2015, a year that many considered a challenging environment for financial services companies,” said CME Group Chief Executive Officer Phupinder Gill. “We were very active during 2015 in terms of new product innovation and expanding our global partnerships. During the year, we increased our operating margin by reducing costs from the prior year, driving efficiency and improving our agility in serving customers globally.”
Earlier this week the CME Group boasted a record average daily volume (ADV) for forex, options and electronic options contracts and record high levels of electronic trading in January 2016. The company reported a total ADV of nearly 18.2 million contracts in the same period.
CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Trade) owns derivatives and futures exchanges in Chicago and New York and several other companies.
