CME Group reported revenue of $814 million and operating income of $470 million for the fourth quarter of 2015.
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Net income was $292 million and diluted earnings per share were $0.86. Adjusted for non-recurring items, net income would have been $311 million and diluted earnings per share would have been $0.921.
Total revenue for full-year 2015 was $3.3 billion and operating income was $2.0 billion. Net income was $1.25 billion and diluted earnings per share were $3.69.
Adjusted for non-recurring items, 7 percent year-over-year growth in revenue coupled with operating expenses down 1 percent drove net income of $1.3 billion, up 15 percent compared with 2014, and diluted earnings per share of $3.861, up 14 percent.
"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, including securing the long-term rights to the FTSE Russell indexes.
"Looking at new products, one standout within our interest rate franchise is our recently launched Ultra 10-year treasury product, which has been the most successful start of a new contract in our long history.
"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." ■