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What: Shares of investment bank Greenhill
So what: Unlike its massive competitors like Goldman Sachs
But while results did decline in the third quarter, they fell less than analysts were expecting. Earnings per share were $0.28 for the quarter -- down from $0.47 last year -- but analysts were looking for just $0.20.
Now what: With its focus on advisory services -- a business that can swing wildly -- investors shouldn't expect perfectly smooth results from Greenhill. But as far as investment banks go, it's a top-notch shop that doesn't expose investors to many of the regulatory issues that Goldman and its ilk are currently dealing with. Also, with a 5.1% dividend and a pledge to use funds from liquidating its merchant banking business to buy back stock, this is an investment bank that doesn't forget about its shareholders.
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or Facebook. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.