The Motley Fool

APRIL 26, 2024

Net income of $755 million for the first quarter of 2024 included recognition of $484 million on an after-tax basis were the increase in fair value of equity securities still held, representing about three quarters of the increase in net income. Strong operating results generated the rest of the increase. points for catastrophe losses.

Liabilities 130

Liabilities Taxes Banks Shareholders 130

The Motley Fool

FEBRUARY 27, 2025

Where appropriate, we may refer to non-GAAP financial measures to evaluate our business, specifically adjusted EBITDA, a measure of earnings before interest, taxes, depreciation, amortization, and share-based compensation. And then as we look ahead in 2016, we'll layer on Medicine PANOVA there with those launches. Operator Thank you.

Amortization 130

Amortization Taxes Financing Finance 130

The Motley Fool

APRIL 30, 2024

Before moving on, I want to discuss two items that are included in our first-quarter reported results, a $765 million charge related to the remeasurement of our contingent consideration liability for our acquisition of Fairlife. Our underlying effective tax rate for 2024 is now expected to be 19%.

Liabilities 130

Liabilities Banks Leveraging Portfolios 130

The Motley Fool

AUGUST 17, 2023

Our adjusted tax rate for the quarter was approximately 19%, as compared to 19% in the prior year. Since 2016, we have closed 495 stores. With the expected 80 to 100 store closures this year, we will have closed almost 600 stores since 2016. Our effective tax rate is expected to be approximately 20% to 21%. to $3.65.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Debt Taxes Leveraging 246

Cobalt

OCTOBER 11, 2024

Q4 2016 – Q1 2017 saw significant contributions, and Q1 2023 saw significant distributions. While a change in power did occur in Brazil in Q4 2016, it was mired in weak sentiment and was unlikely to have lifted investment interest. The information contained in this blog post is not legal, tax, or investment advice.

Legal 52

Legal Liabilities Taxes Funds 52

Cobalt

SEPTEMBER 17, 2024

Q4 2016 – Q1 2017 saw significant contributions, and Q1 2023 saw significant distributions. While a change in power did occur in Brazil in Q4 2016, it was mired in weak sentiment and was unlikely to have lifted investment interest. The information contained in this blog post is not legal, tax, or investment advice.

Legal 52

Legal Liabilities Taxes Funds 52

The Motley Fool

JULY 26, 2024

Net income of $312 million for the second-quarter of 2024 included recognition of $112 million on an after-tax basis for the increase in fair value of equity securities still held. The second-quarter pre-tax average yield of 4.64% for the fixed maturity portfolio was up 30 basis points compared with last year. Please go ahead.

Taxes 130

Taxes Banks Accounting Liabilities 130

The Motley Fool

AUGUST 1, 2024

They started with Cloudflare back in 2016 as a free customer and today use nearly all our products, spanning use cases as diverse as remote application access, workers, serverless development, and bot management. We expect operating income in the range of $50 million to $51 million, and we expect an effective tax rate of 11%.

Taxes 130

Taxes Funds Leveraging Liabilities 130

Cobalt

SEPTEMBER 12, 2023

One explanation for the rise was the push for renewable energy sources, such as solar, that began to grow in 2016. The information contained in this blog post is not legal, tax, or investment advice. In addition, cost-saving measures pushed renewable costs closer to and then below parity with fossil fuels.

Legal 52

Legal Liabilities Taxes Assets 52

Cobalt

AUGUST 11, 2023

One explanation for the rise was the push for renewable energy sources, such as solar, that began to grow in 2016. The information contained in this blog post is not legal, tax, or investment advice. In addition, cost-saving measures pushed renewable costs closer to and then below parity with fossil fuels.

Legal 52

Legal Liabilities Taxes Assets 52

The Motley Fool

APRIL 6, 2024

Now this is where our story takes a really sad turned tragically when Bob was out riding his bike back in 2016, he was struck by a car and he passed away ten days later. So again, financial planner, tax accountant, attorney. Alison Southwick: Now that you've written down your inventory of assets, it's time to lay out your liabilities.

Accounting 130

Accounting Liabilities Financing Finance 130

Pension Pulse

MARCH 28, 2024

In late 2016, they had a deficit of more than $500 billion. Simply taking the cash earmarked for retirees to use on other expenses comes at a high cost: a 50% federal tax that can balloon to as much as 90% when factoring in state and local levies. You could, but you pay a huge tax, so it doesn’t make much sense.” Kraft Heinz Co.

Liabilities 59

Liabilities Consulting Consultants Mergers and Acquisitions 59

The Motley Fool

FEBRUARY 7, 2024

Prismic will enhance our mutually reinforcing business system and drive future growth by leveraging our differentiated brands, global asset and liability origination capabilities, and multichannel distribution. Our pre-tax adjusted operating income was $5.5 Turning to Slide 5. and International businesses. billion or $11.62

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

APRIL 24, 2024

Since we put the world's first quantum system on the cloud in 2016, we have deployed over 80 quantum systems, and our users have run over 3 trillion programs to date. billion of operating pre-tax income, and $1.68 The timing of discrete tax items this quarter resulted in an operating tax rate of about 6%.

Consulting 130

Consulting Consultants Leveraging Taxes 130

The Motley Fool

JULY 27, 2023

Net income and EPS increased 11% and 14%, respectively, both reflecting a sizable discrete tax expense this quarter related to foreign tax legislation enacted in Brazil. reduction due to the discrete tax expense I just mentioned and an $0.08 tax guidance that allows for more tax credits to be claimed related to 2022 and 2023.

Banks 189

Banks Leveraging Taxes Accounting 189

The Motley Fool

OCTOBER 15, 2024

This activity is consistent with how customers are spending money in the 2016 to 2019 timeframe. billion in net income after tax. So going back to Slide 9, regarding NII on a GAAP, non-FTE basis, NII in Q3 was $14 billion and on a fully tax equivalent basis, NII was $14.1 billion or more on a fully tax equivalent basis.

Banks 130

Banks Leveraging Assets Capital 130

The Motley Fool

AUGUST 1, 2024

Working capital was $100 million headwind, which was lower than our guidance of $600 million as the expected timing of some of our tax payments shifted into the third quarter. billion and we have lowered our annual after-tax adjusted corporate segment net loss to a range of $800 million to $900 million. Second quarter CFO was $5.1

Capital 130

Capital Taxes Shareholders Assets 130

The Motley Fool

JANUARY 23, 2024

Since 2016, we have paid 3.6 The decrease largely reflected higher interest-bearing liability costs, which increased 169 basis points to 4.55% and reduced net interest margin by 138 basis points. You continue to get headwinds as the interest-bearing liabilities will reset. billion returned to shareholders this year.

Liabilities 130

Liabilities Banks Capital Financing 130

The Motley Fool

FEBRUARY 7, 2024

billion for the fourth quarter compared with the fourth quarter of last year, including $18 million more benefit on an after-tax basis in the fair value of securities still held in our equity portfolio. Since 2016, our combined ratio of five-year average has ranged from 94.3% Before tax effects, the net gain was $1.05

Taxes 130

Taxes Accounting Banks Shareholders 130

The Motley Fool

OCTOBER 31, 2024

Finally, we expect a non-GAAP tax rate of approximately 17% for Q4 based on the current geographic mix of our business. A further comment on tax, there's now more clarity on the potential impact of the Pillar Two global minimum tax rules as more countries continue to enact these rules. Mehra -- Chief Financial Officer Yes.

Banks 130

Banks Taxes Accounting Portfolios 130

The Motley Fool

MAY 1, 2024

Our tax rate for the first quarter of 2024 was 15% on a GAAP basis, reflecting the benefit of the forfeiture of the 2020 CEO performance award during the quarter. For Q2 and the full-year 2024, we anticipate our effective income tax rates to be approximately 33% and 22%, respectively, on a GAAP basis. Turning to the balance sheet.

Taxes 130

Taxes Leveraging Capital Banks 130

The Motley Fool

FEBRUARY 6, 2024

Over 50% of that revenue growth coming from our non-rates businesses with nearly 40% of the revenue growth coming from our international business, which has averaged 18% since 2016. Muni has produced high single-digit growth driven by a pickup in tax loss harvesting, while credit derivatives continued to see softer industry trends.

Leveraging 130

Leveraging Assets Banks Taxes 130

The Motley Fool

OCTOBER 23, 2024

tax authorities in Q1 of '24 that requires a 20% VAT be applied to Clear Aligner sales in the U.K., The GAAP effective tax rate in the third quarter was 30.1% Our non-GAAP effective tax rate in the third quarter was 20%, which reflects our long-term projected tax rate. to offset a 2024 ruling by the U.K. year over year.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financing Finance Taxes 130

The Motley Fool

NOVEMBER 4, 2024

Opex excluding gaming tax per day was $4.2 The opex excluding gaming tax was approximately $2.55 We were running 99% occupancy, but in the past, and I would encourage you to look probably early 2016 would be the most recent example of that scale. million in Q3 '24, up 2% compared to $4.1 million in the prior year period.

Leveraging 130

Leveraging Capital Debt Shareholders 130

The Motley Fool

JANUARY 23, 2024

Excluding after-tax intangible asset amortization expense and special items for both periods, adjusted net earnings for the quarter were $5.6 Regarding taxes in the quarter, our effective tax rate was 14.4% Excluding special items, the effective tax rate was 10.8% Now let's look at adjusted income before tax by segment.

Taxes 100

Taxes Assets Portfolios Capital 100

The Motley Fool

AUGUST 2, 2023

We are confident that our strategy and mutually reinforcing business mix, which leverages the combined strength of our brand, global asset and liability origination capabilities, and multi-channel distribution will enable us to drive future growth and continue to expand access to investing, insurance, and retirement security.

Assets 100

Assets Capital Liabilities Asset Management 100

The Motley Fool

JULY 19, 2024

Average deposits also remained relatively stable while ending deposits declined modestly during the quarter, consistent with seasonal tax-related patterns. These declines in the second quarter reflect anticipated tax seasonality. years relative to the $50 million pre-tax loss recorded this quarter. We try to keep it to 2.5%

Leveraging 130

Leveraging Assets Capital Banks 130

The Motley Fool

AUGUST 3, 2023

We expect first production in early 2024 from Pad 267, our first new path since 2016, and we see debottlenecking potential at the facility to further improve our cash flows. You can match your assets and your liabilities pretty well with something like this. So I was just hoping you could speak to the tax rate on corporate.

Taxes 100

Taxes Assets Capital Banks 100

The Motley Fool

APRIL 24, 2024

in the quarter, driven by strong operational performance, improvement in the tax rate, Early results from UpLift, and back of a lower share count offset headwinds from foreign exchange translation and increased interest expense. We ended up buying Schindler's portfolio in Japan in 2016, and that integration has gone extremely well.

Capital 130

Capital Taxes Bidding Shareholders 130

The Motley Fool

JANUARY 22, 2024

The average cost of its interest-bearing liabilities, which primarily means its deposit base, is up by 164 basis points here every year, so 1.64%. What are you thinking about commercial loan liability for regionals right now? They've been hovering at about 84% since 2016. It's around 33% of Truist loans. What's the story there?

Banks 130

Banks Liabilities Debt Capital 130

The Motley Fool

AUGUST 22, 2023

In fact, the 27 clubs we've opened since reinventing our new club opening model in 2016 contributed nearly $100 million of EBITDA over the last 12 months, more than double their original projection. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Leveraging 130

Leveraging Taxes Banks Debt 130

The Motley Fool

NOVEMBER 7, 2024

As a reminder, beginning in the fourth quarter of 2023, amortization of in-licensed rights and income tax expense are no longer excluded from non-GAAP results. One of the things I do want to point out as it relates to the PMOs is that how much good those PMOs are doing today, there was an open issue about that perhaps in late 2016.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Portfolios 130

The Motley Fool

APRIL 30, 2024

Provision for income taxes for the first quarter of 2024 was approximately $12 million, compared to a provision for income taxes of approximately $18 million for the fourth quarter of 2023. Non-GAAP net income excludes the impact of approximately $15 million of stock-based compensation expense net of the related income tax effect.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Shareholders Capital 130

The Motley Fool

JUNE 25, 2024

Turning to other aspects of our outlook, our estimated effective tax rate for the full year is approximately 24.5% Rajesh Subramaniam -- President and Chief Executive Officer And on the broader point here, you know, the trade as a percentage of GDP is essentially flatlined since about 2016. domestic air network costs.

Capital 246

Capital Leveraging Portfolios Assets 246

The Motley Fool

APRIL 23, 2024

growing credentials at its fastest rate since 2016, driven in part by strong growth from fin tech clients. Our GAAP tax rate was 15.4%, and our non-GAAP tax rate was 16% due to the resolution of some non-U.S. tax matters. As far as tax payments at this point, I don't really have an update. GAAP EPS was $2.29

Banks 130

Banks Taxes Accounting Capital 130

The Motley Fool

JULY 27, 2023

The four land companies we have acquired since 2016 have generated significant growth from acquisition levels. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned.

Capital 130

Capital Leveraging Taxes Debt 130

The Motley Fool

FEBRUARY 27, 2024

Two, increasing our annual dividends declared each year since inception in 2016; three, committing capital totaling $119.5 Most importantly, such a reclassification is expected to end the 280E tax treatment, which has imposed an extreme unsustainable tax burden on regulated operators for years. million during 2023.

Taxes 100

Taxes Assets Capital Debt 100