Fortune Financial

APRIL 11, 2024

Tax-Efficient Management of 401(k) and ESOP After Employer Separation Efficient tax management of 401(k) and ESOP holdings post-employment is critical to help secure a financially stable retirement. Additionally, upon retirement, strategically withdrawing from retirement accounts can further optimize tax efficiency.

Education 59

Education Taxes Consulting Consultants 59

The Motley Fool

MARCH 20, 2024

For the fourth -- third aspect, in terms of loan collection, we will strengthen collaboration with financial institutions, expand the scope of legal action, and improve its efficiency. We achieved this through ample funding and partnerships with cost-efficient national financial institutions.

Assets 130

Assets Finance Financing Leveraging 130

The Motley Fool

OCTOBER 31, 2024

We renewed our exclusive card-issuing partnership with Banco Ripley, the financial institution of Ripley Corp, one of the largest retail conglomerates in Chile and Peru. Finally, we expect a non-GAAP tax rate of approximately 17% for Q4 based on the current geographic mix of our business. Mehra -- Chief Financial Officer Yes.

Banks 130

Banks Taxes Accounting Portfolios 130

The Motley Fool

DECEMBER 5, 2023

In addition to pressure from lower SNAP payments, Family Dollar's comps were negatively affected by lower tax refunds this year. Our effective tax rate was 21.8% Our tax rate was favorable versus expectations as higher work opportunity tax credits and lower net state taxes were partially offset by higher nondeductible expenses.

Taxes 130

Taxes Depreciation Leveraging Liabilities 130

The Motley Fool

JUNE 6, 2024

I would now like to turn the presentation over to your host for today's conference, Julie Kerekes, senior managing director of global tax and investor relations. Julie Kerekes -- Treasurer and Senior Managing Director of Global Tax and Investor Relations Thank you, and good morning, everyone. Please proceed, Ms. a year ago.

Taxes 130

Taxes Leveraging Capital Finance 130

The Motley Fool

AUGUST 1, 2024

We expect operating income in the range of $50 million to $51 million, and we expect an effective tax rate of 11%. We expect an effective tax rate of 11% for 2024. We are currently analyzing our ability to implement certain tax planning strategies in order to manage current and future cash tax liabilities.

Taxes 130

Taxes Funds Leveraging Liabilities 130

The Motley Fool

JULY 26, 2023

Starting with financial performance, I was extremely pleased with the 300 basis-point gain in operating ROTCE, which hit 11.7% 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.

Mergers and Acquisitions 130

Mergers and Acquisitions Finance Financing Leveraging 130

The Motley Fool

JANUARY 30, 2024

This underscores the value we provide to many of the world's largest financial institutions and also the unique and vital role of MSCI in the capital markets. I would like to highlight that our effective rate in the fourth quarter included a discrete benefit related to a favorable outcome on a tax position received late in the quarter.

Assets 130

Assets Hedge Funds Capital Taxes 130

The Motley Fool

JULY 26, 2024

Adjusted EPS grew 6% in Q2 and 7% year-to-date, reflecting double-digit adjusted operating income growth and ongoing share buyback, partially offset by higher interest expense, the issuance of 19 million shares to fund the acquisition of NFP and a higher tax rate. And then my follow-up question, the tax rate in the quarter went to above 22%.

Capital 130

Capital Taxes Finance Financing 130

Hedgestone

JULY 1, 2023

You may be able to secure a loan from a bank or other financial institution, or you may be able to find private investors. This involves thoroughly researching the business to ensure there are no hidden issues or liabilities. Consider how much you’re willing to invest and how much you can afford in monthly loan payments.

Due Diligence 52

Due Diligence Legal Finance Financing 52

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 $0.14

Banks 130

Banks Leveraging Financial Institutions Professional Services 130

The Motley Fool

AUGUST 2, 2023

Our clients' endpoint builds and our clients' need to process disbursements real-time with good funds and reduce cost can be enabled by our platform, which helps connect and decision routing between all financial institutions within the United States. The Motley Fool has no position in any of the stocks mentioned.

Financial Institutions 130

Financial Institutions Capital Debt Portfolios 130

The Motley Fool

JULY 12, 2024

As managers of a large complex financial institution, we think about both the risks and the opportunities and work to be prepared for the downside while continually building our ability to serve customers and clients. Looking ahead, overall, the U.S. economy remains strong, driven by a healthy labor market and solid growth.

Banks 130

Banks Assets Investment Banks Investment Banking 130

The Motley Fool

MAY 2, 2024

A Fortune 100 financial services company signed a similar 4-year $10 million pool of funds deal. This customer represents our largest new logo win with a major financial institution. A large financial institution in Latin America signed a 2-year $1.3 We expect an effective tax rate of 10% for 2024.

Capital 130

Capital Financial Institutions Financial Services Finance 130

The Motley Fool

MARCH 4, 2024

We have made significant progress onboarding new clients since the start of 2023, including the launch of several large clients during the fourth quarter across various verticals including multiple utilities, insurance companies, commercial entities, property management companies, government agencies, and financial institutions.

Leveraging 130

Leveraging Banks Taxes Capital 130

The Big Picture

AUGUST 8, 2022

ADMATI: Release from all civil liabilities which a court — above bankruptcy court struck down and now we’re — we were nowhere, it’s a mess. In this country, we subsidize homeownership only if you borrow through taxes. And then, for example, you can give them a little tax credit for their down payment.

Banks 81

Banks Debt Finance Financing 81

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. adjusted EBIT impact, higher taxes of $0.08, and a noncontrolling interest impact of $0.03. to $3 with an assumed non-GAAP effective tax rate of 30%.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

NOVEMBER 14, 2023

billion of principal amount of loans outstanding were from channeling arrangements, which is lending by other financial institutions on our platform. We had a net income tax expense of $62 million in the third quarter of 2023, compared to a net income tax expense of $65 million in the third quarter of 2022.

Banks 130

Banks Financial Institutions Portfolios Financial Services 130

The Motley Fool

FEBRUARY 15, 2024

billion in pre-tax income for the third time in its history, due largely to lower energy costs and an efficient planned turnaround at our Ingleside plant, even as product markets soften compared to 2022. Moving on to chemicals, in 2023, OxyChem generated pre-tax income nearly matching its second-highest year ever. billion BOE from 3.8

Assets 130

Assets Capital Debt Shareholders 130

The Motley Fool

FEBRUARY 9, 2024

The WMIH merger brought us 1 billion in deferred tax assets. Next quarter, you'll hear from Mike Weinbach, Mr. Cooper's new president, who brings exceptional leadership experience at some of the most respected financial institutions in the country. At the time, there was skepticism about their value. Welcome, Mike.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

OCTOBER 11, 2024

I've worked with Bridget in the past and know firsthand how her deep experience, leading large-scale technology transformations of large global financial institutions will benefit Wells Fargo. per share of discrete tax benefits. And in the third quarter, Bridget Engle joined Wells Fargo as head of technology reporting to me.

Banks 130

Banks Assets Capital Investment Banks 130

The Motley Fool

AUGUST 1, 2024

The first example to highlight is a major contract signed with a large financial institution. This is ahead of the guidance we provided for the second quarter, driven by higher adjusted EBITDA as well as lower-than-expected cash taxes, which is included in our guidance for the third quarter. The strength of the U.S.

Assets 130

Assets Leveraging Banks Depreciation 130

The Motley Fool

MAY 2, 2024

Also, in this quarter, an existing Iron Mountain global financial institution customer signed a program deal to manage their secure ITAD, recycling, and remarketing requirements, including their remote workplace inventory for over 400 sites nationwide. Now, turning to segment performance. The Motley Fool has a disclosure policy.

Assets 130

Assets Capital Banks Leveraging 130

The Motley Fool

MAY 1, 2024

HSBC Australia and Westpac will be the first financial institutions to offer this solution. The growth and operating expenses was primarily due to increased spending to support the continued execution of our strategic initiatives, as well as an increase in indirect taxes as discussed on our Q4 earnings call.

Banks 130

Banks Consulting Consultants Portfolios 130

The Motley Fool

JULY 19, 2024

We recognized the NAFTA tax gain on the sale of $479 million, equating to $0.66 Operating expenses were $3 billion in the second quarter, down 13% versus last year due to the $531 million pre-tax gain we recognized from the sale of our Accertify business. Net income was $3 billion in the quarter, generating earnings per share of $4.15.

Banks 130

Banks Accounting Funds Capital 130

The Motley Fool

OCTOBER 30, 2024

When I go meet with big financial institutions or just regular people who are using crypto, the No. 1 thing I hear and I ask them, why aren't you using it more and they tell me it's regulatory clarity, especially on the institutional side. These losses were about $92 million after reflecting the tax impact.

Assets 130

Assets Legal Shareholders Capital 130

The Motley Fool

JULY 24, 2024

Our results for the quarter include the recognition of approximately $2 million of lease termination fees from a financial institution. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. AFFO per share for the second quarter increased 6.4%

Debt 130

Debt Capital Assets Asset Management 130

The Motley Fool

AUGUST 16, 2023

Income tax expense increased by 144% year on year to 11.1 billion renminbi due to pre-tax profit growth, increased withholding tax provision, and a true-up of deferred tax adjustments related to an overseas subsidiary. IFRS net profit attributable to equity holders was 26.2 billion renminbi, up 41% year on year.

Accounting 130

Accounting Leveraging Consulting Consultants 130

The Motley Fool

AUGUST 27, 2024

A reconciliation of GAAP non-GAAP results other than with respect to our non-GAAP financial outlook is provided in today's press release and in our shareholder letter. This will play out for years as cutting dig through the web of liabilities and risks uncovered by this historic outage. The Motley Fool has a disclosure policy.

Shareholders 130

Shareholders Best Practices Liabilities Accounting 130

The Motley Fool

JULY 14, 2023

Embedded in these results are after-tax divestiture-related impacts of approximately $92 million. Our effective tax rate this quarter was 27%, primarily driven by the geographic mix of our pre-tax earnings in the quarter. Excluding current quarter divestiture-related impacts, our effective tax rate was 26%. and non-U.S.

Banks 130

Banks Capital Investment Banks Investment Banking 130

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. per share of discrete tax benefits related to the resolution of prior-period tax matters. billion or $0.40

Banks 130

Banks Assets Investment Banks Investment Banking 130

The Motley Fool

JULY 14, 2023

We had solid results in the quarter with revenue, pre-tax pre-provision profit, diluted earnings per share, and ROTCE all higher than a year ago. We grew revenue and had strong growth in pre-tax provision profit. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Banks 130

Banks Assets Capital Investment Banks 130

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 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.

Leveraging 130

Leveraging Banks Capital Portfolios 130

The Motley Fool

FEBRUARY 1, 2024

I got to listen to the great capabilities that we have, and the team briefed me on the work they do with Banco Sabadell, a leading Spanish financial institution. year to year, with the main decreases being a higher tax rate of $0.12, $0.06 I recently visited our Madrid office and met with the leadership and full team.

Resale 130

Resale Banks Capital Assets 130

The Motley Fool

OCTOBER 11, 2024

billion with pre-tax margin of 33%. Jeremy Barnum -- Chief Financial Officer Ebrahim, the way I would frame that is not as a risk, but as a reality like we've always emphasized in all of our businesses that we operate in an extremely competitive environment. Then to complete our lines of business, AWM on Page 6.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130

The Motley Fool

JULY 18, 2023

This quarter, given the seasonal impact of tax refunds, we saw a small sequential increase in our payment rates, largely driven by higher credit quality segments. Offsetting these improvements was higher interest-bearing liability cost, which increased 263 basis points to 4.04% and reduced net interest margin by 215 basis points.

Accounting 100

Accounting Banks Capital Assets 100

The Big Picture

SEPTEMBER 12, 2022

there’s a big focus on how do we optimize for tax efficiency, too. And what you realize is, yes, there are people who are sincerely interested in markets and they follow them and they’re passionate about them, but they’re also really concerned about the after tax impact of what …. And so, within the U.S., RITHOLTZ: Right.

Banks 119

Banks Assets Capital Hedge Funds 119