Tuesday, April 3, 2012

US Big Financial Data Services Corps 2011 Annual Earnings Up Nicely Under Obama

There were 20 US Big Financial Data Services Corps which generated Pretax Income or Pretax Loss of more than $200 mil in any of the most recent three years.

The earnings of these Big US Big Financial Data Services Corps increased nicely under the Obama Administration.

For the most recent fiscal year ended 2011, these 20 US Financial Data Services Corps registered Total Pretax Income of $7.0 bil, which was up 14% from 2010, and up 41% from 2009.

In deriving Pretax Income, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Intangible Asset Impairments.

Clearly, the Obama Administration has created a US economic environment which has permitted these 20 US Big Financial Data Services Corps to flourish. 

Below here is the Pretax Income of these 20 US Big Financial Data Services Corps for each of the most recent three years. 





Obama





Bump




PTI PTI

1 Year 2 Year

PTI PTI PTI % %

2011 2010 2009 Change Change
mils $s mils $s mils $s

Financial Data Services




Western Union 1,275 1,145 1,132 11% 13%
Moodys 840 714 646 18% 30%
Fiserv 814 793 734 3% 11%
Fidelity Natl Info Svcs 744 771 301 -4% 147%
Alliance Data Sys 514 311 263 65% 95%
Fidelity Natl Fincl 415 549 315 -24% 32%
Equifax 408 375 331 9% 23%
Dun & Bradstreet 368 388 433 -5% -15%
Global Payments 324 310 292 5% 11%
Total System Svcs 317 308 341 3% -7%
DST Systems 274 356 355 -23% -23%
BroadridgeFinclSol 270 342 346 -21% -22%
MSCI 263 153 132 72% 99%
Factset Research 239 222 212 8% 13%
Lender Proc Svcs 224 510 482 -56% -54%
FleetCor Tech 211 151 130 40% 62%
Wright Express 209 145 89 44% 135%
Gartner 202 134 116 51% 74%
SunGardDataSys (143) (219) (175) 35% 18%
First Data (760) (1,288) (1,506) 41% 50%






Total all 20 7,008 6,170 4,969 14% 41%