The Motley Fool

APRIL 22, 2024

You have on one hand, private equity group, masters of collateral, masters of financing. Once you get to a size like close of 10 where the banks are going to be a little hesitant with this high-interest rate and maybe the quality of the collateral to lend you a bunch of money in a financing deal. Where else do you go?

Taxes 130

Taxes Finance Financing Collateral 130

The Motley Fool

APRIL 29, 2024

The increase was primarily due to higher G&A expenses this quarter, which was specifically related to an increase in employer-paid payroll taxes in connection with employee stock option exercises in the first quarter. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Leveraging 246

Leveraging Debt Assets Capital 246

The Motley Fool

OCTOBER 13, 2023

Revenue, pre-tax provision profit, net income, diluted earnings per common share, and ROTCE were all higher than a year ago. per share of discrete tax benefits related to the resolution of prior-period tax matters. We'll have to decide how much tax equity investing we do in renewables. billion or $1.48

Banks 246

Banks Capital Assets Investment Banks 246

The Motley Fool

JULY 26, 2024

We did move one loan into NPL status and have the collateral of that loan and the collateral of the NPL from last quarter, both being marketed for sale. The net interest margin was 2.64% compared to 2.68% in the prior quarter as interest-bearing liability costs increased faster than interest-earning asset yields. million or $1.4

Mergers and Acquisitions 130

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

The Motley Fool

JANUARY 25, 2024

And on loans under $500,000, all collateral requirements have been waived, unusual, shocking. I mean, for the agency career people that sit at the door of the vault to fundamentally say to an entire banking industry that you can make loans under $500,000 and not take all available collateral is shocking to us. for the year.

Banks 130

Banks Taxes Funds Assets 130

The Motley Fool

AUGUST 1, 2024

CAFD yield with an investment structure that both provides desirable market participation and extended tax runway benefits. gigawatts of equipment that secures qualification for tax credits for projects across multiple COD vintages and technologies through 2028 making use of long-standing safe harbor guidance. CAFD yield.

Taxes 130

Taxes Debt Shareholders Capital 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. Our pre-tax adjusted operating income was $1.6 on an after-tax basis.

Assets 130

Assets Capital Liabilities Shareholders 130

The Motley Fool

JANUARY 26, 2024

It had a very large and positive impact with a gain of 295 million after tax, which led to improved capital ratios. An additional new NPL in Q4 is also undergoing a sales process of the collateral and is under contract for sale. The insurance gain was recorded in discontinued operations and was 295 million after tax.

Securities and Exchange Commission (SEC) 130

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

The Motley Fool

FEBRUARY 13, 2024

In the coming months, we expect to release an optional feature that allows borrowers to provide collateral to support their personal loan application. That's collateral that does not tend to show up in the securitization data, whereas if you're looking at the institutional world, it tends to be sort of higher loss rate and higher returns.

Collateral 100

Collateral Liabilities Banks Capital 100

The Motley Fool

OCTOBER 23, 2024

In summary, we produced a very solid quarter with pre-tax operating income of $246 million and operating ROTCE of 16.8%, which is at the upper end of our guidance. million customers and generated $305 million in pre-tax servicing income, thanks to continued strong operating leverage. and liquidity at a record high of $4.1

Taxes 130

Taxes Leveraging Capital Amortization 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. Our pre-tax adjusted operating income was $5.5 As noted, pre-tax adjusted operating income in the fourth quarter was $1.3

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

AUGUST 8, 2023

Health tax, at just over 1% of our portfolio, declined from 1.7 under a REIT regime, resulting in a tax benefit of approximately $160 million, again, not affecting normalized FFO. And as noted, our investment is collateralized by borrowing base of government and commercial receivables. in Q4 2022 to 2.8 times in Q1 2023.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Prospects Banks Collateral 130

The Motley Fool

AUGUST 24, 2023

SG&A expenses expanded primarily from wage investments, incentive compensation, general liability claims, and repairs and maintenance costs from improving store conditions. Notably, the impact of general liability claims was $0.07 Our effective tax rate was 24% versus 24.2% Our effective tax rate was 24% versus 24.2%

Leveraging 130

Leveraging Liabilities Taxes Capital 130

The Motley Fool

APRIL 24, 2024

Excluding the $802 million after-tax gain from the sale of our Pets Best business, we generated $491 million in net earnings or $1.18 And the NII was a little bit suppressed because you had the last full impact on your interest-bearing liabilities. We believe we peaked on interest-bearing liability costs from here.

Liabilities 130

Liabilities Capital Banks Finance 130

The Motley Fool

APRIL 26, 2024

The overall effective tax rate for the quarter was 21%. Of note in the quarter, we resolved one of the NPLs we discussed in Q3 of last year through a collateral sale. We expect the sale of that collateral over the next few quarters and have provisioned for that outcome in our Q1 results. Charge-offs in the quarter were $7.3

Mergers and Acquisitions 130

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

The Motley Fool

AUGUST 3, 2023

Our bond portfolio has an average pre-tax coupon of around 4% and a weighted average maturity of 14 years. per share net benefit from tax credits in Brazil year over year. Lower income tax increased EPS by $0.04. There seems to be some quite radical tax changes progressing through the Brazilian Congress. Fernando here.

Taxes 130

Taxes Debt Securities and Exchange Commission (SEC) 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.

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

JULY 14, 2023

End-of-period deposits were down 4% quarter on quarter as customers continue to spend down their cash buffers, including for seasonal tax payments, and seek higher-yielding products. billion, with pre-tax margin of 32%. And that is a little bit of a straight-up across-the-board tax on everything. Revenue of 4.6 Expenses of 3.2

Banks 130

Banks Liabilities Capital Assets 130

The Big Picture

AUGUST 8, 2022

Any kind, collateral, non-collateral. They don’t have collateral. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? In this country, we subsidize homeownership only if you borrow through taxes. RITHOLTZ: Right.

Banks 81

Banks Debt Finance Financing 81

The Motley Fool

JULY 19, 2024

Average deposits also remained relatively stable while ending deposits declined modestly during the quarter, consistent with seasonal tax-related patterns. These declines in the second quarter reflect anticipated tax seasonality. years relative to the $50 million pre-tax loss recorded this quarter. common equity Tier 1.

Leveraging 130

Leveraging Capital Assets Banks 130

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. Finally, I'd like to update you about the 50 million change in our deferred tax assets in the quarter.

Mergers and Acquisitions 130

Mergers and Acquisitions Finance Financing Leveraging 130

The Motley Fool

AUGUST 2, 2023

We are confident that our strategy and mutually reinforcing business mix, which leverages the combined strength of our brand, global asset and liability origination capabilities, and multi-channel distribution will enable us to drive future growth and continue to expand access to investing, insurance, and retirement security.

Assets 100

Assets Capital Liabilities Asset Management 100

The Motley Fool

FEBRUARY 20, 2024

We also executed several liability management transactions during the year. Operating and maintenance expense in the fourth quarter was $569 million, which is slightly higher than our guidance, mainly due to certain customs duties, indirect taxes, and litigation costs incurred mostly in South America.

Debt 130

Debt Shareholders Assets Liabilities 130

The Motley Fool

MARCH 2, 2024

On Thursday, MercadoLibre reported solid sales results, but earnings were hurt by what appears to be two non-recurring tax charges. But yes, it can be recurring in the sense that management did say that moving forward under these new tax rules, they're going to have around $20 million a quarter in incremental charges.

Taxes 130

Taxes Capital Banks Shareholders 130

The Motley Fool

JULY 25, 2024

For the second quarter, pre-tax operating income came in at $219 million, which is up 46% year over year. The servicing team produced fantastic results, with $288 million in pre-tax income, up a massive 58% from a year ago. Our team generated a pre-tax income of $38 million, coming in at the high end of our guidance.

Leveraging 130

Leveraging Capital Assets Amortization 130

The Motley Fool

NOVEMBER 1, 2023

For the third quarter, we reported a GAAP net loss of $143 million, which included a $110 million tax provision expense. This non-cash tax expense was related to the reestablishment of our valuation allowance on our deferred tax asset, directly related to our Bitcoin holdings. billion in current market value.

Education 130

Education Assets Leveraging Debt 130

The Motley Fool

NOVEMBER 9, 2023

Paul Middleton -- Chief Financial Officer So, as we've done in the 10 years I've been here, probably $2 billion worth of sale-leaseback transactions to monetize tax credits on our -- on some of our programs with some of our customers. And so, they often make us collateralize some of the tax -- investment tax credit in there.

Securities and Exchange Commission (SEC) 190

Securities and Exchange Commission (SEC) Leveraging Capital Finance 190

The Motley Fool

AUGUST 7, 2024

For the remainder of 2024 for modeling purposes, you should assume nominal to no tax expense or benefit. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. million to $2.9 The Motley Fool has no position in any of the stocks mentioned.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Funds Collateral 130

The Motley Fool

JULY 25, 2024

Non-routine employee bonuses related to fintech gains, impairments or losses from sales of long-term fixed assets, renewable energy tax credit impairments and wrapping up with litigation settlement expenses. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Banks 130

Banks Portfolios Assets Leveraging 130

The Motley Fool

JULY 21, 2023

Salaries and benefits decreased 2%, primarily due to lower payroll taxes and 401(k) expense, partially offset by an entire quarter of annual merit increases and higher headcount. We're selling to the taxing authority that -- so we're selling to the city that we occupied. Our preliminary stress capital buffer will remain at 2.5%

Banks 130

Banks Capital 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). Investors need be prepared for and accept this added risk.

Pension Funds 59

Pension Funds Investing Leveraging Assets 59

The Motley Fool

APRIL 12, 2024

Over the last several years, we've maintained a strong risk appetite framework and have been very deliberate about how we deploy our deposits and other liabilities into high-quality assets. Look, as Mark said in his opening and Andy has been talking about, this should be a sort of up to a 30% pre-tax margin business.

Banks 130

Banks Assets Mergers and Acquisitions Investment Banks 130

The Motley Fool

FEBRUARY 9, 2024

The WMIH merger brought us 1 billion in deferred tax assets. Also, we have an information advantage consisting with decade's worth of data on collateral performance on the part of literally thousands of sellers. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

MAY 7, 2024

Last quarter, I mentioned an initiative to allow applicants to provide collateral to support their personal loan application, with the goal of helping borrowers access credit at lower rates than would otherwise be possible. And then just curious if there's anything to call out from a tax refund season. and expect it.

Banks 130

Banks Capital Funds Returns 130

The Motley Fool

MAY 7, 2024

At the same time, our go-to-market team spent the last quarter using Copilot, dialing in talk tracks, sales collateral testing, and more, to be prepared to bring ZoomInfo Copilot to market. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Banks 130

Banks Capital Leveraging Companies 130

The Motley Fool

APRIL 23, 2024

Their actions contributed to our better first quarter performance, which included generating an adjusted pre-tax profit for the month of March. exceeding our guidance, as we continued focus on operational liability drove a strong completion factor of 98.7% We have a much higher tax rate this quarter compared to year over year.

Debt 130

Debt Finance Financing Banks 130

The Motley Fool

JULY 25, 2024

Net interest expense was $21 million, and tax expense in the quarter was $59 million. With investment-grade ratings from two agencies, the company will now benefit from lower interest rates and fees and the elimination of all collateral requirements for both our $1.25 Turning to corporate and other items in the period.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Collateral 130