The Motley Fool

JANUARY 12, 2024

The net reserve build was primarily driven by loan growth in card and the deterioration in the outlook related to commercial real estate valuations in the commercial bank. Investment banking revenue of 1.6 IB fees were also up 13% year on year, and we ended the year ranked No. In advisory, fees were up 2%. Expenses of 6.8

Banks 130

Banks Capital Assets Investment Banks 130

The Motley Fool

OCTOBER 17, 2024

We've also established contractual relationships and forward flow agreements with banks and other originators across a wide range of areas, including credit card receivables, home improvement, fund finance and equipment finance. Fee-related earnings were $1.2 in the last 12 months. billion in the third quarter or $0.96 Jonathan D.

Debt 130

Debt Management Fees Capital Assets 130

The Motley Fool

FEBRUARY 9, 2024

We finished 2023 on a strong note with another consecutive quarter of management fee and FRE growth, 11 for 11 since we've been a public company, against a market backdrop that has been exceptionally volatile and uncertain. Management fees were up 26%, and 92% of these management fees are from permanent capital vehicles.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

NOVEMBER 8, 2024

Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. When you get into due diligence, you're expecting certain banks.

Capital 130

Capital Asset Management Due Diligence Assets 130

The Motley Fool

OCTOBER 11, 2024

We have maintained strong credit discipline and driven significant operating efficiencies in the company while investing heavily to build a risk and control infrastructure appropriate for a bank of our size and complexity. The investments we've been making in our consumer, small, and business banking segment are starting to generate growth.

Banks 130

Banks Assets Capital Investment Banks 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

APRIL 12, 2024

These results included a $725 million increase to the special assessment resulting from the FDIC's updated estimate of expected losses from the closures of Silicon Valley Bank and Signature Bank. Firmwide IB fees were up 18% year on year, reflecting particular strength in underwriting fees. NIR ex Markets was up $1.2

Securities and Exchange Commission (SEC) 130

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

The Motley Fool

JULY 12, 2024

billion or 21%, largely driven by higher investment banking revenue and asset management fees. In banking and wealth management, revenue was down 5% year on year, reflecting lower deposits and deposit margin compression, partially offset by growth in wealth management revenue. NIR ex markets was up 7.3

Banks 130

Banks Capital Finance Financing 130

The Motley Fool

APRIL 29, 2024

Bitcoin ETPs also benefit from this, offset by the management fees that are charged for those products. And this is kind of the second quarter of about a 40 quarter bitcoin gold rush where we are going to see bitcoin embraced by more and more banks, more and more money managers, more and more nations.

Leveraging 246

Leveraging Debt Assets Capital 246

The Motley Fool

APRIL 30, 2024

Not only are volumes up as banks retreat, the addition of new clients to the platform has never been higher. The company started in 2013 at Fortress to take advantage of dislocations in the MSR market as banks were selling MSRs to Basel III capital constraints. So, we started the business with $1 billion of equity. Today, we're at $7.1

Capital 130

Capital Enterprise Values Assets Banks 130

The Motley Fool

JANUARY 19, 2024

And our desirable footprint, granular deposit base, and relationship banking approach will continue to serve us well. Operator Our next question comes from the line of Ebrahim Poonawala with Bank of America. Ebrahim Poonawala -- Bank of America Merrill Lynch -- Analyst Hey. Thank you all very much. Good morning.

Leveraging 130

Leveraging Banks Capital Portfolios 130

The Motley Fool

JULY 12, 2024

We continue to generate strong fee-based revenue growth with increases across most categories compared to a year ago due to both the investments we're making in our businesses and favorable market conditions with particular strength in investment advisory, trading activities, and investment banking.

Banks 130

Banks Assets Investment Banks Investment Banking 130

The Motley Fool

OCTOBER 11, 2024

NII ex-markets was up $274 million or 1%, driven by the impact of balance sheet mix and securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances, predominantly offset by lower deposit balances in banking and wealth management and deposit margin compression. NIR ex-markets was up $1.8

Banks 130

Banks Capital Assets Mergers and Acquisitions 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.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

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. Gibraltar sales were up 27%, primarily driven by higher independent agency sales and growth in the bank channel.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

JULY 14, 2023

And while the bulk of the tightening is behind us, central banks are responding vigorously to inflation and have made it clear, the cycle of hikes isn't over. We remain laser-focused on executing our strategy and simplifying and modernizing our bank. In banking, the momentum in investment-grade debt has spread into other DCM products.

Banks 130

Banks Capital Investment Banks Investment Banking 130

The Motley Fool

AUGUST 2, 2024

Our AA rating reflects our healthy capital position including more than $4 billion in highly liquid assets at the end of the second quarter, a high-quality well-diversified investment portfolio, and a disciplined approach to asset liability management. And even with that, we continue to pay dividends out of our insurance subsidiaries.

Capital 130

Capital Assets Liabilities Shareholders 130

The Motley Fool

FEBRUARY 21, 2024

As a reminder, in April of 2021, our company entered into a limited partnership agreement with Pelion Ventures in Draper, Utah, to manage the Medici portfolio. This partnership came with an annual management fee, in addition to upside deal economics, in exchange for them nurturing these companies and building value.

Assets 130

Assets Banks Shareholders Portfolios 130

The Motley Fool

FEBRUARY 2, 2024

yield after management fees and actual capex and generated a 10.6% But for Camden Vantage, we are showing this at using actual capex and a management fee at a 5.75% cap rate, tax adjusted 5.65% cap rate, and an AFFO yield before management fees of 6.09%. The banks are much more -- they're well capitalized.

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

MAY 28, 2024

Today, so many of our companies are software-driven, or their intangible driven, or their brands driven, that it's not so important, but it still remains a very important measure for bags, And JPMorgan is a lot of things, but at its core, it is a bank. Ricky Mulvey: You'd like to see a cautious person running a large bank.

Taxes 130

Taxes Accounting Education Shareholders 130

The Motley Fool

MARCH 20, 2024

In consumer loans, our partnership with WeBank and other licensed banks facilitate us distributing small-sized cash loans and installment payment services, and we kept the default rate low by applying stringent tech-enabled risk management procedures. Segment revenue is 54 billion renminbi in the fourth quarter, up 15% year on year.

Accounting 246

Accounting Shareholders Financial Institutions Leveraging 246

The Motley Fool

DECEMBER 19, 2024

And finally, it has enabled the consistent and predictable takedown of just in time delivered fully developed home site, and that has attracted capital to the structured land banking partnerships that have driven the nearly $20 billion of transaction that have enabled our land-light transformation to date. With the focus on being asset-light.

Assets 130

Assets Debt Capital Shareholders 130

The Motley Fool

AUGUST 3, 2023

term bank debt is around seven private end market, while stable is not overly receptive to outgrow issuers at this time and the convertible debt market, which has seen a recent tick in activity remains opaque in terms of an option for us. We've received actionable dates from our banking partners. The line currently is 6.9%

Securities and Exchange Commission (SEC) 130

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

The Motley Fool

FEBRUARY 15, 2024

We also expanded Zelman's investment banking capabilities into the commercial market in 2023. And in the fourth quarter, the investment banking team closed three transactions, albeit all in the single-family sector, that boosted revenues and expanded the W&D brand significantly.

Debt 100

Debt Finance Financing Capital 100

The Motley Fool

AUGUST 2, 2023

As we look ahead, we are well positioned as a global leader at the intersection of asset management and insurance. Our insurance and retirement businesses, in turn, provide a source of growth for PGIM through affiliated net flows, as well as unique access to insurance liabilities. Moving to Slide 5. dollar sales in Japan.

Assets 100

Assets Capital Liabilities Asset Management 100

The Motley Fool

AUGUST 4, 2023

Two additional key performance indicators that management will be discussing on this call are net asset value or NAV and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is reported on a per share basis. Fee income decreased 1.4 The Motley Fool has no position in any of the stocks mentioned.

Capital 147

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

The Motley Fool

OCTOBER 21, 2024

We're seeing it with the big bank earnings we've talked about earlier this week. I want someone else to do that, and I'm willing to pay a little bit in terms of a management fee. Let's start with the negative side. We're seeing this now there's a lot more investor interest in the market. I don't want to analyze debt securities.

Capital 130

Capital Portfolios Returns Investors 130

The Motley Fool

OCTOBER 30, 2024

We actively monitor the capital markets and will continuously evaluate liability management opportunities to manage our debt and interest expense, as well as opportunities to raise additional financings in the future. Management uses BTC to evaluate capital allocation decisions and to measure the achievement of our strategy.

Leveraging 130

Leveraging Shareholders Capital Debt 130

The Motley Fool

NOVEMBER 5, 2024

The first question is from Krisztina Katai from Deutsche Bank. Operator The next question is from Robby Ohmes from Bank of America. So, in the industry, the availability of like e-commerce options keeps increasing, whether it's the broader assortment or wider delivery radius or even maybe more manageable fees.

Taxes 130

Taxes Accounting Consulting Consultants 130

The Motley Fool

MAY 14, 2024

For wealth management, revenue grew robustly year on year with rapid increases in the number of users and average fund investments per user, primarily invested in low-risk money market funds. In terms of wealth management services, I think it will continue to grow for the reasons that I talked about earlier.

Accounting 130

Accounting Business Services Portfolios Shareholders 130

The Motley Fool

NOVEMBER 5, 2024

So I think the default response that we have to offer up is you look at our historical precedents and being able to get 84%, 85% or recapture of any rent that's been impacted by from bank or credit event. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

APRIL 18, 2024

The firm itself could not be in a stronger position with minimal net debt and no insurance liabilities, allowing us to distribute $4.7 Fee-related earnings increased 12% year over year to $1.2 With respect to revenues, the firm's expansive breadth of strategies lifted management fees to a record $1.7 billion or $0.95

Assets 130

Assets Debt Banks Capital 130

The Motley Fool

FEBRUARY 6, 2024

Leverage remains a key component of our active capital management strategy, which, when intelligently deployed, enables us to accrete more Bitcoin on our balance sheet at an attractive cost. Bitcoin ETPs also benefit from this, offset, of course, by the management fees that are charged for those products. It's not the dollar.

Leveraging 130

Leveraging Debt Assets Shareholders 130

The Motley Fool

SEPTEMBER 5, 2023

The more recent issue for AT&T is a report from The Wall Street Journal highlighting possible financial liabilities tied to its legacy use of lead-sheathed cables. For example, AT&T may have no financial liabilities tied to its legacy lead-sheathed cables.

Legal 246

Legal Liabilities Exchange-Traded Funds Management Fees 246

The Big Picture

JUNE 13, 2023

I don’t know how relevant that is to asset management, but let’s talk a little bit about you were doing before you were being lauded by the French president. You went to school in Paris, but you began your career in London at Merrill and Deutsche Bank. I joined, effectively, Deutsche Bank. I think we learned a lot.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

AUGUST 17, 2023

Vincent Delisle, head of liquid markets at the Caisse, said there is still uncertainty when it comes to what central banks will do in terms of setting interest rates, the fund’s large fixed-income portfolio positions the pension manager well. We expect to see signs where bank ending in the US impacts job growth and consumer spending.

Pension Funds 52

Pension Funds Assets Debt Finance 52

The Motley Fool

JULY 16, 2024

Bank of America (NYSE: BAC) Q2 2024 Earnings Call Jul 16, 2024 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Bank of America earnings announcement. It is now my pleasure to turn the conference over to Lee McEntire of Bank of America.

Banks 130

Banks Assets Taxes Liabilities 130