60 Smallest New York State Financial Cos (Market Caps of $1-10 Bil) Saw Their Total Pretax Income Increase By 99% or By $2.3 Bil in the 3Q 2018 Then Totally Collapse With Declines of 89% or of $4.5 Bil in the 4Q 2018 and of 14% in the 1Q 2019

Democratic Presidential Candidate Pete Buttigieg Has Been Very Active Campaigning in the Financially-Savvy and Politically Astute New York Area.  Thus, I Think It Might Be Helpful to Research Just How the Smallest New York Area Financial Companies Have Performed on the Pretax Earnings Front in the Most Recent Three Quarters
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From a review of SEC filings, Google Finance, MSN Money and Market Watch Big Charts, I found 60 New York State Financial Companies with stock markets caps of more than $1 Bil sometime since the beginning of 2018 and also not exceeding $10 Bil very recently and which also reported their 1Q 2019, 4Q 2018 and 3Q 2018 full quarterly earnings with the SEC.

My Focus is on Pretax Income rather than on After-Tax Net Income because Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments.  It has nothing whatsoever to do with company operating performance.

From SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the First Quarters of both 2019 and 2018, the Fourth Quarters of both 2018 and 2017 and the Third Quarters of both 2018 and 2017 for each of these 60 smallest New York Area Financial Companies.

		US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
New York Smallest Financial Companies		First	First			Fourth	Fourth			Third	Third
Reporting 1Q 2019, 4Q 2018 and 3Q 2018 Earnings	New York	Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
Market Caps $1-10 Bil	City HQs	2019	2018			2018	2017			2018	2017
		mils $	mils $			mils $	mils $			mils $	mils $
Stock Market Caps $2-10 Bil
Investment-Related Activities Cos
Ares Capital Corp	New York	214	242			153	232			209	139
Apollo Global Mgt LLC	New York	335	(101)			(338)	732			382	451
Lazard Ltd	New York	120	186			156	359			139	144
Evercore	New York	86	115			253	187			77	89
Alliance Bernstein Holding LP	New York	53	66			67	86			73	49
Prospect Capital	New York	89	52			(67)	122			84	12
BGC Partners	New York	117	94			(24)	(71)			219	142
Cohen & Steers	New York	50	37			31	44			40	43
Focus Financial Partners	New York	(4)	(11)			(12)	21			(35)	(37)
Moelis & Co	New York	12	57			68	187			55	58
Banks
Signature Bank	New York	194	47			215	177			205	197
New York Community Bancorp	Westbury	129	144			133	145			137	178
Sterling Bancorp	Montebello	130	128			145	(5)			147	66
Community Bank System	DeWitt	51	52			51	48			55	51
Real Estate Investment Trusts (REITs)
VICI Properties Inc	New York	153	114			145	43			132	-
Kimco Realty	New Hyde Park	117	144			91	86			100	122
SL Green Realty	New York	53	114			(58)	38			99	46
New Residential Investment	New York	202	607			(59)	347			199	272
Brixmor Property Group	New York	63	61			78	70			147	83
Blackstone Mortgage Trust	New York	77	61			74	58			78	58
Life Storage	Williamsville	35	34			93	21			41	36
Outfront Media	New York	5	2			60	40			48	53
Chimera Investment Corp	New York	118	239			(103)	108			157	139
Two Harbors Investment Corp	New York	(36)	339			(548)	173			73	88
Paramount Group	New York	8	3			10	(6)			46	(26)
MFA Financial	New York	89	83			61	101			87	64
Apollo Commercial RE Finance	New York	68	49			53	41			62	68
Empire State Realty Trust	New York	9	18			41	35			31	38
Acadia Realty Trust	Rye	3	(4)			(7)	25			(7)	1
Lexington Realty Trust	New York	29	(14)			26	32			221	6
FinTechs
Virtu Financial	New York	(16)	469			149	131			29	(46)
Insurance Cos
Alleghany	New York	556	209			(891)	211			350	(522)
Voya Financial	New York	177	21			162	220			186	40
Assurant	New York	217	137			43	158			76	(108)
Assured Guaranty Ltd	New York	58	217			101	156			175	313
National General Holdings	New York	108	72			34	20			72	77
MBIA Inc	Purchase
Ambac Financial Group	New York
Other Financial Cos
Triton Intl Ltd	Purchase	101	93			106	87			105	71
Total 37 New York Financial Cos (Market Caps $2-10 Bil)		3,770	4,176			492	4,459			4,294	2,455
Total Pretax Income % Change From Prior Year's Qtr		-10%				-89%				75%
Stock Market Caps $1-2 Bil
Investment-Related Activities Cos
PJT Partners	New York	(0)	3			17	26			12	(16)
New Mountain Finance	New York	44	24			(1)	27			27	25
Apollo Investment Corp	New York	32	21			(1)	6			28	32
Golub Capital BDC	New York	18	23			18	21			16	22
Wisdom Tree Investments	New York	8	14			(13)	6			28	15
Och-Ziff Capital Management Group LLC	New York	(6)	16			20	397			(36)	18
TCG BDC Inc	New York	34	21			(1)	27			6	26
Associated Capital Group	Rye	31	(29)			(48)	22			(8)	1
INTL FCStone	New York	31	30			24	19			21	(23)
Banks
NBT Bancorp	Norwich	37	33			29	33			38	34
Tompkins Financial	Ithaca	27	26			24	21			26	26
Real Estate Investment Trusts (REITs)
Ladder Capital Corp	New York	22	72			28	48			85	29
Seritage Growth Properties	New York	(11)	16			(86)	(70)			(35)	17
Global Net Lease	New York	9	6			(5)	9			3	3
Getty Realty	Jericho	11	10			13	13			11	9
New York Mortgage Trust	New York	44	32			9	32			34	27
Arbor Realty Trust	Uniondale	30	28			58	28			43	31
American Finance Trust	New York	(3)	15			(14)	(19)			(27)	(15)
KKR RE Finance Trust	New York	24	24			21	18			21	18
Granite Point Mortgage Trust	New York	17	15			17	14			17	12
Insurance Cos
MBIA Inc	Purchase	(19)	(96)			(9)	(58)			(45)	(273)
Ambac Financial Group	New York	(41)	308			(22)	(7)			(20)	(185)
Other Financial Cos
Fortress Transp&Infrastr Investrs	New York	(9)	(9)			(1)	(6)			1	(1)
Total 23 New York Financial Cos (Market Caps $1-2 Bil)		330	603			77	607			246	(168)
Total Pretax Income % Change From Prior Year's Qtr		-45%				-87%				NM
Total 60 New York Financial Cos (Market Caps $1-10 Bil)		4,100	4,779			569	5,066			4,540	2,287
Total Pretax Income % Change From Prior Year's Qtr		-14%				-89%				99%