The Motley Fool

JANUARY 12, 2024

Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. We currently estimate that 25% is a reasonable projected tax run rate for 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

NOVEMBER 5, 2024

Our effective GAAP tax rate during the quarter was 28.6%, an increase over the effective tax rate in the third quarter of 2023 of 18.6%. We continue to expect a normalized tax rate of about 32%. Net interest expense increased 52.4% GAAP net income for the third quarter was $24.2 million or $0.24 per fully diluted share.

Taxes 130

Taxes Accounting Consultants Consulting 130

The Motley Fool

APRIL 12, 2024

This quarter's higher RWA is largely due to seasonal effects, including higher client activity in Markets and higher risk weights on deferred tax assets, partially offset by lower Card loans. Asset & Wealth Management reported net income of $1 billion with pre-tax margin of 28%. above the effective tax rate.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Investment Banks Investment Banking 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. At the end of March, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7 billion.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Please read the prospectus before investing.

Debt 52

Debt Returns Mutual Funds Capital 52

ClearMoney

NOVEMBER 4, 2021

Profitability: A company’s operating income before depreciation and amortization minus interest expense scaled by book equity. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

Mutual Funds 52

Mutual Funds Assets Banks Accounting 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Please read the prospectus before investing.

Debt 52

Debt Mutual Funds Capital Assets 52

The Motley Fool

JANUARY 19, 2024

This morning, we reported full year 2023 earnings of $2 billion, reflecting record pre-tax pre-provision income of $3.2 Secondly, we had the best year we've probably ever had in treasury management as we see increases in the number of operating accounts that we are -- that we're originating and services we're providing to customers.

Banks 130

Banks Leveraging Capital Portfolios 130

ClearMoney

DECEMBER 14, 2021

Profitability : A company’s operating income before depreciation and amortization minus interest expense scaled by book equity. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Premium : A return difference between two assets or portfolios.

Investing 52

Investing Mutual Funds Consultants Consulting 52

Pension Pulse

FEBRUARY 12, 2024

An expansion of the CPP would transfer these risks from individual workers to the government, which is much better placed to manage them, as it can pool risks across all Canadian workers and across generations of workers. Government tax revenues will track higher, too, a fact often lost in the conversation about Canada’s pension system.

Taxes 59

Taxes Amortization Financing Finance 59

The Motley Fool

JANUARY 24, 2025

The largest driver of the increase was our wealth business with fees of 18 million, up $3.1 Excluding this item, wealth management fees were up 1.9 The after-tax nonoperating loss on the sale will be approximately $200 million and will be fully completed by mid first quarter 2025. million linked quarter.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Banks Assets 130