The Motley Fool

AUGUST 3, 2023

The tax-efficient net unrealized gain on our equity portfolio now stands at $5.4 Please consider the following: Revenues in the first six months of 2018 were $3.6 Underwriting profits in the first six months of 2018 were $209 million. Recurring investment income for the first six months of 2018 was $213 million.

Liabilities 100

Liabilities Asset Management Shareholders Capital 100

The Motley Fool

NOVEMBER 12, 2024

The largest contributor to the year-over-year increase in net income and adjusted net income was a change in income tax. The change in income tax year over year was driven primarily by R&D tax credit incentives, partially offset by tax adjustments related to executive compensation and other nondeductible expenses.

Securities and Exchange Commission (SEC) 221

Securities and Exchange Commission (SEC) Taxes Leveraging Capital 221

The Motley Fool

FEBRUARY 14, 2024

Speaking of cash, Steve will take you through the details, but the timing of our expected tax return implementation milestone achievements in our transportation business both made for a year, we expect to improve upon in 2024. We only received $6 million of the $29 million federal tax refund related to 2018 in the fourth quarter of 2023.

Taxes 130

Taxes Capital Debt Legal 130

Cobalt

JUNE 14, 2023

The overall private market investment cycle is characterized by higher contributions during and following recessionary events (2000-2003, 2007-2010) and higher distributions immediately after the recovery (2004-2005, 2011-2018). The information contained in this blog post is not legal, tax, or investment advice.

Buyout 52

Buyout Legal Liabilities Taxes 52

Cobalt

NOVEMBER 2, 2022

This marks the first time since 2018 that both cash flows were in line, as distributions rose steadily throughout the 2010’s. The information contained in this blog post is not legal, tax, or investment advice. The recent rise in NAV also brought the market nearly in-line with distributions for the region ($3.33 B and $3.45

Venture Capital 52

Venture Capital Legal Liabilities Taxes 52

The Motley Fool

OCTOBER 24, 2024

Before we review the financial performance for the quarter, the guidance we gave on our last call and past calls, specifically excluded the impact of any FX gains or losses and assumed an effective tax rate of 20%. Income tax expense, an effective rate of 20% and ex-items was $3 million for the quarter. tight oil production since 2018.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

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.

Taxes 130

Taxes Banks Accounting Liabilities 130

The Motley Fool

APRIL 25, 2024

We believe this is largely driven by lower and later tax refund payments to consumers so far in 2024, relative to what we've historically observed. Tax refunds are an important factor in credit seasonality. Even with the tax refund effects, auto credit performance remains strong. So, Rich, maybe just start off on credit.

Capital 130

Capital Taxes Banks Mergers and Acquisitions 130

The Motley Fool

JULY 25, 2024

Before we review the financial performance for the quarter, the guidance we gave on our last call and past calls specifically excluded the impact of any FX gains or losses and assumed an effective tax rate of 20%. Income tax expense and an effective tax rate of 20% and ex-items was $2.6 million for the quarter. last quarter-end.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

DECEMBER 21, 2023

We recorded for fiscal year 2023 an income tax provision of $4.2 million on pre-tax income of $13.4 The tax provision recorded for fiscal year 2023 differs from the U.S. The tax provision recorded for fiscal year 2023 differs from the U.S. The effective tax rate for fiscal year 2023 and 2022 was 31.8%

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Debt Assets 130

The Motley Fool

AUGUST 2, 2024

CFOs are waiting for the long anticipated first interest rate cut by the Fed as well as a relief in property insurance and property tax expenses. During the first half of the year, net apartment demand was over 200,000 apartments matching 2018 and 2019. Transaction teams are waiting for the standoff between buyers and sellers to end.

Taxes 130

Taxes Debt Capital Portfolios 130

The Motley Fool

OCTOBER 25, 2023

Servicing generated 301 million in pre-tax income, although bear in mind the gain from the trust collapse contributed 67 million. I'm going to start on Slide 7 and talk about servicing where we generated a record 301 million in pre-tax operating income this quarter. Now, let's turn to Slide 12. 1 servicer.

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

APRIL 16, 2024

billion after tax and EPS of $0.76. Matthew has utilized his benefit and power wisely to grow our middle-market team from 15 bankers in 2018 across a dozen cities to more than 200 bankers in twice as many cities today. Let's turn our focus to NII performance using Slide 9, where you can see on a fully tax equivalent basis, NII was $14.2

Banks 246

Banks Taxes Investment Banks Investment Banking 246

The Motley Fool

NOVEMBER 20, 2023

Please note that today's discussion will contain forward-looking statements relating to the company's future performance, which are intended to qualify for the safe harbor from liability, as established by the U.S. These tax-related costs, net of refunds, totaled RMB 1,032.5 Private Securities Litigation Reform Act.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Liabilities Shareholders 130

The Motley Fool

JANUARY 12, 2024

billion after tax, or $0.70 billion after tax, which includes $2.8 billion after tax for notable Quarter 4 items. billion after tax. billion of pre-tax expense. after tax earnings per share for the special assessment by the FDIC to recover losses from the failures of Silicon Valley and Signature Bank.

Banks 130

Banks Taxes Accounting Assets 130

The Motley Fool

JULY 23, 2024

Let me just ask myself a question, so I can answer it because it's going to set the table for answering your question, which you may remember last quarter, we pointed at tax refund patterns and said that there may be a new seasonality pattern emerging. Now we believe that tax refunds, again, are a significant driver of these seasonal trends.

Capital 130

Capital Mergers and Acquisitions Banks Taxes 130

The Motley Fool

OCTOBER 17, 2024

We launched da Vinci SP in Q3 of 2018 and the installed base now stands at 243. Our pro forma effective tax rate for the third quarter was 20.5%, reflecting discrete benefits of approximately $12 million, primarily relating to the expiration of statutory limitations for certain tax reserves and an adjustment to our deferred tax assets.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Depreciation Taxes Capital 130

The Motley Fool

NOVEMBER 7, 2024

Cash taxes were $140 million, up $114 million, reflecting the prior year's regulatory extensions of estimated tax payments. The $106 million gain on bargain purchase from the Lacework acquisition relates to NOL carryforwards and the related recognition of the deferred tax assets. billion or $1.75 per share to our GAAP EPS.

Leveraging 130

Leveraging Taxes Accounting Financing 130

The Motley Fool

FEBRUARY 23, 2024

The components of the revenue requirement increase are fairly straightforward: roughly 45% related to investments in the system, higher property taxes, and an updated depreciation study resulting in new depreciation rates; 35% due to operations and maintenance expenses; with the remainder related to cost of capital and income taxes.

Depreciation 130

Depreciation Amortization Debt Capital 130

The Motley Fool

JANUARY 23, 2024

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. Our net interest margin of 15.10% declined 48 basis points compared to the prior year.

Liabilities 130

Liabilities Banks Capital Financing 130

The Motley Fool

NOVEMBER 7, 2024

That's the lowest since 2018. What we're doing is we've managed to get the taxes down quite a bit during the year through our appeal process. And that'll get us an additional 60% savings on taxes and make the building much more attractive going forward. So there's still 96 million square feet of absorption so far year to date.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Asset Management Prospects Assets 130

The Motley Fool

NOVEMBER 21, 2024

Since fiscal 2018, we've grown our member base by 40% and while achieving the highest renewal rates in the company's history. Since our last fee increase in 2018, we have invested heavily in the value of a BJ's membership. We are planning for an effective tax rate of approximately 28% in the fourth quarter.

Leveraging 130

Leveraging Shareholders Capital Legal 130

The Motley Fool

MAY 3, 2024

And I also think that the need for tax revenues is going to increase. And I think that's a sign of the strong revenue growth and unbelievable tax that we're seeing. And a continuation of really strong tax through Q4 and Q1. I mean in the end, the cost has to get absorbed by the consumer if the government raises taxes.

Legal 130

Legal Taxes Capital Banks 130

The Motley Fool

MAY 1, 2024

We now expect 2024 share count to be approximately 1.265 billion shares, and our adjusted tax rate to be approximately 25.6%. And as you look at that pattern, it very closely resembles what we would have seen in a 2018, 2019 period trended forward. Finally, we updated our expectation for cash flow from operations to at least $10.5

Bidding 130

Bidding Liabilities Leveraging Assets 130

Pension Pulse

NOVEMBER 20, 2023

Up until 2005, Canadian federal income tax legislation restricted foreign investment by Canadian pensions. And this was now possible because the federal tax restrictions on foreign investment that were in place up until 2005 had been removed. China and Russia). The US withdrew from the TransPacific Partnership in 2017.

Pension Funds 59

Pension Funds Investing Leveraging Assets 59

The Motley Fool

AUGUST 13, 2024

sports betting market legalized in 2018, Sportradar supported building up their online betting product. We have supplied data to FanDuel for multiple sports since 2015 when it was a fantasy sports business and data and streaming since its launch of sports betting in 2018, as well as other services since then. When the U.S.

Leveraging 130

Leveraging Capital Taxes Portfolios 130

The Motley Fool

FEBRUARY 27, 2024

Of course, there are significant benefits to this, the most important of which, from our perspective, is the potential lifting of the confiscatory 280e federal taxes imposed on regulated cannabis operators, and Paul will discuss our thoughts in more detail. With Viridian Capital Advisors reporting that both U.S.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

AUGUST 4, 2023

billion of cash after tax, which we will use to reduce debt. With this sale, we've recycled nearly $9 billion of cash flow since 2018, which is well in excess of our total investment in the facility, inclusive of the export project construction costs of approximately $4 billion. per share on an annualized basis. Approximately $0.04

Capital 130

Capital Capital Investments Shareholders Taxes 130

The Motley Fool

NOVEMBER 30, 2023

We will have a modest tax expense in the quarter despite our pre-tax operating loss due to the distribution of pre-tax income across our different tax jurisdictions. This compares to a more normalized effective tax rate of 27.9% We're up about close to 50% over 2018 and 2019. million, or $0.36

Taxes 100

Taxes Leveraging Capital Amortization 100

The Motley Fool

FEBRUARY 9, 2024

If you go back to the WMIH merger in 2018, which is when we became a fully independent public company, our first priority was deleveraging, which we accomplished by refinancing our senior notes and extending our liquidity runway. The WMIH merger brought us 1 billion in deferred tax assets. The Motley Fool has a disclosure policy.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

OCTOBER 23, 2024

From 2018 to 2023, we were the leader in customer value creation for the beverage industry every year. During the quarter, we made a $6 billion deposit with the IRS related to our ongoing tax dispute. Free cash flow, excluding the IRS tax litigation deposit, was approximately $7.6 We're pleased to move forward with the process.

Leveraging 130

Leveraging Taxes Portfolios Prospects 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. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has a disclosure policy.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Portfolios 130

The Motley Fool

NOVEMBER 3, 2023

That includes the upfront recognition of unregulated solar investment tax credits and certain gains from asset sales. billion of after-tax proceeds to reducing debt. The decrease reflects updated and refined estimates around production tax credit, cost of capital, and REC values. utility customer. We applied the $3.3

Taxes 100

Taxes Financing Finance Shareholders 100

The Motley Fool

JULY 26, 2023

Turning to operations, the servicing team produced excellent results with 182 million in pre-tax income. Originations reported pre-tax income of 38 million, which exceeded the guidance we gave you last quarter. In closing, I'll comment that we were quite pleased to see the stock price reach a new high since the WMIH merger in 2018.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Financing Finance 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? The yields on Truist earning portfolio are up by 95 basis points here every year.

Banks 130

Banks Liabilities Debt Capital 130

The Motley Fool

NOVEMBER 30, 2023

We expect to receive $48 million, which is comprised of the $43 million in cash related to the CARES Act receivable, and a $5 million reduction in our income taxes payable for 2022. I'll just take you back to 2018. I mean, 2018 was a healthy year, wasn't a -- wasn't an extraordinary year for the business.

Leveraging 130

Leveraging Capital Companies Liabilities 130

The Motley Fool

JULY 31, 2024

and included approximately $49 million of pre-tax costs related to the implementation of our restructuring program and $10.5 million of pre-tax costs relating to the extinguishment of our debt that was refinanced during the second quarter. Our second quarter adjusted effective tax rate was 32.3%, up from 27.5%

Debt 130

Debt Taxes Leveraging Banks 130