The Motley Fool

MAY 7, 2024

He was CEO of Intuit , if you're not familiar, which is the company behind QuickBooks, which is the small business accounting software package. The previous management strategy was generally that we're going to keep growing our user-base forever and ever until every person in the world uses PayPal. Hey, we got to stablecoin.

Accounting 245

Accounting Finance Financing Consulting 245

The Motley Fool

FEBRUARY 28, 2025

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income or DNII. generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. DNII is net investment income, or NII, as determined in accordance with U.S.

Capital 130

Capital Asset Management Debt Leveraging 130

The Motley Fool

APRIL 29, 2024

We have a packed agenda lined up for the next three days, and we're excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. billion in equity in a manner that we believe to be creative to existing shareholders. Equity issuances.

Leveraging 246

Leveraging Debt Assets Shareholders 246

The Motley Fool

NOVEMBER 8, 2024

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income or DNII. generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. DNII is net investment income, or NII, as determined in accordance with the U.S.

Capital 130

Capital Asset Management Due Diligence Securities and Exchange Commission (SEC) 130

The Motley Fool

JANUARY 7, 2024

Whether you're heavily invested in crypto or simply stashing money away in a retirement account , it's worth paying attention to the SEC's decision. That said, spot Bitcoin ETFs will still charge fees for shareholders in the form of expense ratios. Grayscale charges a 2% management fee. And that's not cheap.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Exchange-Traded Funds Accounting Assets 130

The Motley Fool

DECEMBER 7, 2023

Companies that consistently increase their dividend payouts tend to have strong businesses, good capital management, and a commitment to rewarding shareholders. The consumer staples and industrial segments have the largest concentrations, each accounting for around 23% of the portfolio's value. Dividend payers 9.18% 0.94

Exchange-Traded Funds 130

Exchange-Traded Funds Funds Management Fees Portfolios 130

The Motley Fool

DECEMBER 17, 2023

Buffett told investors in Berkshire's 2013 shareholder letter that he's instructed the trustee of his wife's inheritance to put 90% of it into S&P 500 index funds and the rest into short-term government bonds. It will depend on factors like how much you're trying to invest or whether you're adding new money to your account.

Investing 130

Investing Management Fees Stock Market Shareholders 130

The Motley Fool

JULY 23, 2024

I mean, good luck finding a savings account with a 10% annual interest rate. The fund's fees are high for a reason. It's a passively managed index tracker with a modest management fee of 0.4%, but VanEck is investing in a risky group of stocks and funds. Even speculative high-yield bonds seldom soar this high.

Exchange-Traded Funds 130

Exchange-Traded Funds Management Fees Business Development Companies Funds 130

The Motley Fool

OCTOBER 11, 2024

We believe the continued path of central bank normalization will support sustained inflows across bond funds, ETFs, and institutional accounts. The combination triples infrastructure AUM and doubles private markets run-rate management fees. This was due to the relative outperformance of lower fee U.S. trillion, 11.5

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

AUGUST 1, 2024

Over the last 12 months, we have generated 23% fee-related earnings growth at 19% distributable earnings growth from the prior-year period. And since becoming a public company, we have had 13 consecutive quarters of management fee and FRE growth, highlighting both the stability and strength of our business.

Capital 130

Capital Mergers and Acquisitions Management Fees Asset Management 130

The Motley Fool

FEBRUARY 6, 2024

It will continue to provide a unique value proposition for our shareholders. We've deployed these levers to increase our Bitcoin holdings in a manner which we believe has created shareholder value. billion in equity in a manner that we believe to be accretive to existing shareholders to acquire Bitcoin. Two, equity issuances.

Leveraging 130

Leveraging Debt Assets Shareholders 130

The Motley Fool

FEBRUARY 23, 2024

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income or DNII. Generally Accepted Accounting Principles, or GAAP, excluding the impact of non-cash compensation expenses. DNII is net investment income or NII as determined in accordance with U.S. per share or 14%.

Capital 130

Capital Securities and Exchange Commission (SEC) Asset Management Leveraging 130

The Motley Fool

AUGUST 9, 2024

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income or DNII. generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. DNII is net investment income, or NII, as determined in accordance with the U.S.

Capital 130

Capital Asset Management Securities and Exchange Commission (SEC) Debt 130

The Motley Fool

MAY 1, 2024

Representing Prudential on today's call are Charlie Lowrey, chairman and CEO; Rob Falzon, vice chairman; Andy Sullivan, head of international businesses and PGIM, our global investment manager; Caroline Feeney, head of U.S. businesses; Yanela Frias, chief financial officer; and Rob Axel, controller and principal accounting officer.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Liabilities Assets Capital 130

The Motley Fool

MAY 10, 2024

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income, or DNII. Generally Accepted Accounting Principles or GAAP, excluding the impact of noncash compensation expenses. DNII is net investment income, or NII, as determined in accordance with U.S.

Capital 130

Capital Securities and Exchange Commission (SEC) Asset Management Leveraging 130

The Motley Fool

MAY 14, 2024

We continue to cultivate high quality revenue streams, including advertising in video accounts and Weixin Search, mini games platform service fees, and e-commerce technology service fees, contributing to our gross and operating profit growth outpacing our revenue growth.

Accounting 130

Accounting Business Services Portfolios Shareholders 130

The Motley Fool

OCTOBER 15, 2024

This quarter, we saw a healthy revenue growth in our wealth and investment management business and in our global markets businesses. billion of capital to shareholders while also supporting the needs of our clients. Consumer leads the way delivering solid organic growth with high-quality accounts engaged clients. We returned 5.6

Banks 130

Banks Leveraging Assets Capital 130

The Motley Fool

JANUARY 12, 2024

Our team at Bank of America delivered strong profits for shareholders across a challenging year, navigating a slowing economy, geopolitical tensions, bank failures, and the impact of a rate hike of historic speed. We saw the deposit balance consumer accounts move lower this quarter but are now seeing more differentiation and behavior.

Banks 130

Banks Taxes Accounting Assets 130

The Motley Fool

JANUARY 16, 2025

All of the success and balance sheet strength allowed us to deliver more capital back to our shareholders. We returned $21 billion of capital to shareholders in 2024, which was 75% more than 2023 and included an 8% increase in the common dividend. Shareholders' equity was flat at around $295 billion. We drove healthy returns.

Banks 130

Banks Leveraging Capital Accounting 130

The Motley Fool

MAY 2, 2024

We view our long-term shareholders as partners, we welcome the chance to provide you with an update on how things are going as well as our plans and dreams for the future. We want our shareholders to win as we earn profitable on the capital we use to do this work. As always, we look forward to checking in with you about our results.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

The Motley Fool

JANUARY 12, 2024

We invest first, either to scale strategic growth initiatives or drive operational efficiency, and then return excess cash to our shareholders through a combination of dividends and share repurchases. billion to our shareholders through a combination of dividends and share repurchases. In 2023, we returned over 4.5

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

JANUARY 15, 2025

We returned $25 billion of capital to shareholders. million new credit card accounts opened in 2024. We had a more meaningful growth in net checking accounts in 2024. And importantly, most of that growth came in the form of more valuable primary checking accounts. We maintained a strong balance sheet. Turning to Slide 6.

Banks 130

Banks Assets Investment Banks Investment Banking 130

The Motley Fool

OCTOBER 11, 2024

Our capital position remains strong with our CET1 ratio of 11.3%, up from 11% last quarter, and we continue to return significant amounts of excess capital to shareholders. After several years of no growth, net check accounts have now grown for three consecutive quarters, and we believe our debit card share has started to increase as well.

Banks 130

Banks Assets Investment Banking Investment Banks 130

The Motley Fool

MAY 1, 2024

Technical difficulty] Kent Cheng -- Principal Financial Officer and Chief Accounting Officer I think we're losing Leo again. Kent Cheng -- Principal Financial Officer and Chief Accounting Officer Thank you, Leo. We have continued our commitment to shareholder return by repurchasing $33 million of share during the quarter.

Liabilities 130

Liabilities Accounting Legal Leveraging 130

The Motley Fool

NOVEMBER 5, 2024

Second, access to the alternative source of equity with generally less pricing volatility will give us the opportunity to accelerate the monetization of the scalable and proven investment in operating platform we have built, in turn, supporting our ability to continue delivering value to shareholders.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

FEBRUARY 7, 2024

Representing Prudential on today's call are Charlie Lowrey, chairman and CEO; Rob Falzon, vice chairman; Andy Sullivan, head of international businesses and PGIM, our global investment manager; Caroline Feeney, head of U.S. Businesses; Ken Tanji, chief financial officer; and Rob Axel, controller and principal accounting officer.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

AUGUST 4, 2023

During today's call, management will discuss non-GAAP financial measures, including distributable net investment income, or DNII, D&I is net investment income, or NII, as determined in accordance with U.S. generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. per share or 24%.

Capital 147

Capital Asset Management Securities and Exchange Commission (SEC) Assets 147

The Motley Fool

AUGUST 2, 2024

Representing Prudential on today's call are Charlie Lowrey, chairman and CEO; Rob Falzon, vice chairman; Andy Sullivan, head of the international businesses and PGIM, our global investment manager; Carolyn Feeney; head of U.S. businesses; Yanela Frias, chief financial officer; and Rob Axel, controller and principal accounting officer.

Assets 130

Assets Liabilities Capital Collateral 130

The Motley Fool

JULY 12, 2024

The momentum in this business is demonstrated by continued strong credit card spend and new account growth. It also allows us to serve our customers' financial needs, and we remain committed to prudently return excess capital to our shareholders. We also continue to focus on driving efficiency across the company.

Banks 130

Banks Assets Investment Banking Investment Banks 130

The Motley Fool

JULY 12, 2024

See the 10 stocks » *Stock Advisor returns as of July 8, 2024 In CCB, we had a record number of first-time investors and strong customer acquisition across checking accounts and card, and we've continued to see strong net inflows across AWM. billion or 21%, largely driven by higher investment banking revenue and asset management fees.

Banks 130

Banks Capital Finance Financing 130

The Motley Fool

AUGUST 2, 2023

Representing Prudential on today's call are Charlie Lowrey, chairman and CEO; Rob Falzon, vice chairman; Andy Sullivan, head of international businesses and PGIM, our global investment manager; Caroline Feeney, head of U.S. businesses; Ken Tanji, chief financial officer; and Rob Axel, comptroller and principal accounting officer.

Assets 100

Assets Capital Liabilities Asset Management 100

The Motley Fool

FEBRUARY 21, 2024

As many of you know, we've gone through both a management and company restructure in the last 75 days. Yesterday, we announced management changes which provide clear direction on the two brands and position us with a leadership team that is now aligned with shareholders on incentives and driving value.

Assets 130

Assets Banks Shareholders Portfolios 130

The Motley Fool

OCTOBER 11, 2024

Card outstandings were up 11% due to strong account acquisition and the continued normalization of revolve. Asset and wealth management reported net income of $1.4 And to be fair, your long-term shareholders really don't care about whether it's 87% or 85%, right? Our shareholders will be very well-served by just waiting.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130

The Motley Fool

JANUARY 12, 2024

Total debit and credit card spend was up 7% year on year, driven by strong account growth, and consumer spend remained stable. Card outstandings were up 14% due to strong account acquisition and continued normalization of revolve. Asset and wealth management reported net income of 925 million with pre-tax margin of 28%.

Banks 130

Banks Capital Assets Investment Banking 130

The Motley Fool

APRIL 12, 2024

Revenue was up 8% year on year driven by higher Card Services NII on higher revolving balances, partially offset by higher card acquisition costs from new account growth and lower auto lease income. Card outstandings were up 13% due to strong account acquisition and the continued normalization of revolve. Revenue of $4.7

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Investment Banks Investment Banking 130

The Motley Fool

JULY 14, 2023

Card outstandings were up 18% year on year, which was the result of revolver normalization and strong new account growth. Asset and wealth management reported a net income of 1.1 billion was up 8% year on year, driven by higher deposit margins on lower balances and higher management fees on strong net inflows.

Banks 130

Banks Liabilities Capital Assets 130

The Motley Fool

JULY 14, 2023

In addition, we have other levers to pull over time, such as capital allocation, DTA utilization, our G-SIB score, and our management buffer of 100 basis points. We are committed to returning capital to our shareholders as you saw with our decisions to repurchase $1 billion in common stock and increase the dividend.

Banks 130

Banks Capital Investment Banks Investment Banking 130