The Motley Fool

MAY 7, 2024

According to a filing on April 10, SoundHound decided to sell $150 million of its stock through five different financial institutions which will act as sales managers. For 2025, the company is projecting $100 million in revenue and positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ).

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 11, 2023

So what Open Lending offers automated lending services to banks and financial institutions that provide auto loans. per share, while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) fell 39% year over year to $20.7 as of noon ET on Friday. Net income in the quarter was down 51% to $11.4

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 9, 2023

So what Open Lending is a firm that provides automated lending services to financial institutions that offer auto loans. million a year ago, while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) was $20.7 The number of facilitated certified loans was down from 44,531 in Q2 2022.

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 14, 2024

The acquisition will help SoundHound move into other industry verticals such as financial institutions, insurance, retail, and healthcare. per share, while its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) loss widened to $13.8 It reported an adjusted loss of $0.04 million from $10.1

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 22, 2024

A digital-only approach enabled it to scale up its business at a much faster rate than its brick-and-mortar competitors, and it's now the fourth-largest financial institution in Latin America. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also turned negative in 2023.

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 3, 2024

Beating expectations For years, SoFi has been able to point to positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). SoFi is intent on becoming a top 10 financial institution.

Banks 130

Banks Financial Institutions Financial Services Amortization 130

The Motley Fool

JANUARY 1, 2024

He specifically said that these up-and-coming financial institutions don't need to abide by many of the same regulatory requirements as traditional banks. CEO Anthony Noto has even set a goal of becoming a top-10 financial institution in the United States. bank in consolidated assets as of Sept.

Financial Institutions 100

Financial Institutions Banks Amortization Depreciation 100

The Motley Fool

JANUARY 31, 2024

Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive after a loss the year before, and adjusted net income was $14 million. Two-sided model Pagaya sells its loans to financial institutions as asset-backed securities (ABS), gaining money to use for new loans.

Due Diligence 130

Due Diligence Bidding Financial Institutions Amortization 130

The Motley Fool

JULY 8, 2023

One significant benefit is open protocols improve Block's ability to compete with larger financial institutions. And with it producing almost $6 billion in gross profit and $991 million in earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in 2022, it has a strong business. in the last 10 years.

Companies 130

Companies Financial Institutions Banks Amortization 130

The Motley Fool

OCTOBER 4, 2024

On the basis of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), Hims & Hers Health brought in $39.3 These fees are paid by Mastercard's customers, which are financial institutions that issue debit and credit cards with the company's brand. million in the same time frame last year.

Financial Institutions 100

Financial Institutions Amortization Depreciation Earnings Before Interest 100

The Motley Fool

NOVEMBER 29, 2023

We built this company and continue to innovate our technology so the world's best financial institutions can more efficiently run their operations on a single platform. Our mortgage customer base is now 46% financial institutions on a logo basis, versus 25% at the time of the acquisition of SimpleNexus. million, or $0.09

Banks 130

Banks Leveraging Financial Institutions Professional Services 130

The Motley Fool

MARCH 20, 2024

On top of this solid base, we're providing additional products and services in collaboration with licensed financial institutions, which generates high incremental margins as these revenues are recorded on a net fee basis. And at the same time, we want to work on constructive relationships with licensed financial institutions.

Accounting 246

Accounting Shareholders Financial Institutions Leveraging 246

The Motley Fool

FEBRUARY 22, 2024

Also in the quarter, we were awarded a contract by one of the oldest financial institutions in the U.S. As we've stated in our earnings press release, effective in the fourth quarter of 2023, our AFFO definition has been updated to exclude amortization of capitalized commissions.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Leveraging Assets 130

The Motley Fool

FEBRUARY 9, 2024

The market expects somewhat lower rates in 2024, which could create some margin pressure for servicing in terms of higher amortization expense and lower levels of interest income. Now, bear in mind, as is always the case, we face some headwinds. Although these would likely be offset by a pickup in originations. Welcome, Mike.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

AUGUST 7, 2023

We also see IPN playing an increasingly larger role in bringing customers, banks, financial institutions, and billers closer together as banks focus more toward RTP, FedNow, and real-time processing in general. We also continue to see momentum in our IPN, our instant payment network ecosystem. There is a lot of demand for our network.

Banks 100

Banks Leveraging Amortization Capital 100

The Motley Fool

MAY 15, 2024

We won a nine-figure multiyear TCV expansion with a top 20 global financial institution. we are significantly impacted by Internal Revenue Code Section 174, which requires a 15-year capitalization and amortization period for international R&D. Among these were the following.

Leveraging 130

Leveraging Taxes Accounting Capital 130

The Motley Fool

MAY 16, 2024

Many of the world's largest airlines, energy companies, financial institutions, along with government organizations, count on DXC for the systems at the heart of their business. Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

JULY 24, 2024

Our total debt-to-enterprise value was approximately 30%, while our fixed-charge coverage ratio, which includes principal amortization and the preferred dividend, is very healthy at 4.7 Our results for the quarter include the recognition of approximately $2 million of lease termination fees from a financial institution.

Debt 130

Debt Capital Assets Asset Management 130

The Motley Fool

JUNE 6, 2024

We offer programs with third-party financial institutions, as well as through our Red Iron joint venture with Huntington Bank. Additionally, for the full year, we continue to expect depreciation and amortization of about $120 million to $130 million and an adjusted effective tax rate of about 21%. The majority of our U.S.

Taxes 130

Taxes Leveraging Financing Finance 130

The Motley Fool

JANUARY 19, 2024

The terminated swaps are in the amortization already. Dave Turner -- Chief Financial Officer Yeah. So, we have bad people attacking us, as does every financial institution, and we have to continue to stay ahead of it. So, I think, all in, the big drivers there are controlling the deposit costs.

Banks 130

Banks Leveraging Capital Portfolios 130

The Motley Fool

DECEMBER 5, 2023

This process will be managed by a third-party financial institution. Depreciation and amortization should be in the range of $840 million to $845 million. Participation in this program is voluntary for our suppliers and provides them with additional flexibility to finance payments due from Dollar Tree.

Taxes 130

Taxes Depreciation Leveraging Liabilities 130

The Motley Fool

FEBRUARY 20, 2025

Amortization of intangibles is expected to be approximately 68 million for the year, with approximately 18 million in Q1 and 17 million in each remaining quarter. We did see improvement in financial services, including growth in some European financial institutions. We did see sequential growth in Europe.

Taxes 130

Taxes Consulting Consultants Financial Services 130

The Motley Fool

AUGUST 27, 2024

One global financial institution, we replaced the patchwork of four of their next-gen and legacy endpoint vendors through a rigorous POC evaluation, Singularity platform was selected because of its multi-tenancy, broad operating system coverage, and leading AI-based security.

Shareholders 130

Shareholders Best Practices Liabilities Accounting 130

The Motley Fool

MAY 2, 2024

First, we moved to a consistent measure of profitability of operating income across each segment of our business that excludes amortization of acquired intangible assets. And book value is a pretty darn good proxy for describing economic progress of insurance operation, a bank, a financial institution like that.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

Pension Pulse

FEBRUARY 12, 2024

At the same time, it is possible that rising retirement income security would make it feasible for financial institutions to offer much longer mortgage amortization schedules than they do now, or offer housing finance schemes that support shared ownership or shared-equity mortgages.

Taxes 59

Taxes Amortization Financing Finance 59

The Motley Fool

JANUARY 12, 2024

Throughout 2023, we added new heads and co-heads of equity capital markets, global mergers and acquisitions, financial institutions, financial sponsors, healthcare, and technology, media, and telecom. We continue to attract experienced bankers to our investment bank, helping us drive growth in priority products and sectors.

Banks 130

Banks Assets Investment Banks Investment Banking 130

The Motley Fool

JULY 27, 2023

That said, we are seeing some signs of adverse market sentiment, particularly from large financial institutions in the United States that are impacting our revenue growth in the short-term as others in the space have also called out. We believe these headwinds are temporary, while the growth drivers are secular.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

The Motley Fool

OCTOBER 24, 2023

Using our service, Visa financial institution clients can receive funds in real-time through the FedNow service with origination capabilities to follow. from the amortization of acquired intangibles. In Q4, Visa became a certified service provider for FedNow. In the U.S., And last but certainly not least, our brand.

Taxes 130

Taxes Banks Consulting Consultants 130

The Motley Fool

MARCH 13, 2024

In Q4, we continue to set new customer acquisition records for technology pioneers and multinational industrials to leading financial institutions and federal agencies. These non-GAAP measures are not intended to be a substitute for our GAAP results.

Shareholders 130

Shareholders Accounting Companies Financial Institutions 130

The Motley Fool

MAY 22, 2024

Through a strategic collaboration with Fiserv, Snowflake was chosen by more than 20 Fiserv financial institutions and merchant clients to enable secure direct access to their financial data and insights. Nearly a third of our customers are sharing data products as of Q1 2025, up from 24% one year ago.

Capital 130

Capital Companies Leveraging Investors 130

The Motley Fool

FEBRUARY 3, 2025

Interest rates should keep declining Upstart's business flourishes when interest rates are low, while rising rates usually drive people to take out fewer loans and financial institutions to put less money on the table. YOY = Year-over-year. That acceleration indicates Upstart has already passed its cyclical trough.

Financial Institutions 230

Financial Institutions Enterprise Values Amortization Education 230

The Motley Fool

MARCH 25, 2025

Their partnered banks and financial institutions actually issue the co-branded cards and handle the accounts, while Visa and Mastercard simply charge "swipe fees" every time those cards are used. American Express American Express is often compared to Visa (NYSE: V) and Mastercard (NYSE: MA) , but it operates a different business model.

Banks 130

Banks Financial Institutions Amortization Depreciation 130

The Motley Fool

DECEMBER 23, 2024

Sycamore will probably need to bring other financial institutions on board to meet the numbers necessary to pull off an acquisition of Walgreens and its enormous chain of retail assets. The Wall Street Journal recently reported that Walgreens is in talks with a private equity group called Sycamore Partners regarding a potential sale.

Portfolios 130

Portfolios Financial Institutions Amortization Depreciation 130

The Motley Fool

FEBRUARY 27, 2025

Today, we work with 30% of the top quick-service restaurants and 70% of the top financial institutions in the world. Adjusted for noncash amortization of purchased intangibles and employee stock compensation, our non-GAAP gross margin was 52%. The time for voice AI is now. We added new automotive customers, grew in healthcare.

Leveraging 245

Leveraging Amortization Professional Services Capital 245

The Motley Fool

DECEMBER 4, 2024

This includes some of the largest financial institutions in the world and other strategic opportunities, as well as more channel engagements. These non-GAAP measures are not intended to be a substitute for our GAAP results. Overall, there is more awareness, consideration, and interest in SentinelOne than ever before.

Legal 245

Legal Leveraging Financing Finance 245

The Motley Fool

MARCH 12, 2025

Next, a leading financial institution switched from Splunk to AI SIEM, reducing costs and improving performance. These non-GAAP measures are not intended to be a substitute for our GAAP results. The multi-million dollar deal increased the customer size by 5x.

Companies 246

Companies Leveraging Stakes Accounting 246

The Motley Fool

FEBRUARY 12, 2025

Our biggest logo win is with a global Fortune 25 financial institution who we are extremely excited to work with and with whom we hope to expand our business for years to come. We continue our focus on the customer acquisition motion and reducing the onboarding friction at Fastly.

Capital 130

Capital Accounting Amortization Liabilities 130