The Motley Fool

MARCH 28, 2024

The bank made big news in February when it agreed to acquire Discover Financial Services , creating an intriguing opportunity for investors. Net interest income, or the interest earned on credit cards and other loans minus interest paid out on its liabilities, makes up the bulk of Capital One's revenue, accounting for $29.2

Capital 130

Capital Mergers and Acquisitions Banks Financial Services 130

Private Equity Wire

OCTOBER 22, 2024

Private equity’s role in M&A in 2024 In 2023, the financial services (FS) industry experienced a decline in mergers and acquisitions (M&A) for the second consecutive year. Dominic Pilgrim, Partner – Experienced client executive with a demonstrated history of working in the Financial Institutions insurance sector for 19 years.

Mergers and Acquisitions 92

Mergers and Acquisitions Financial Institutions Liabilities Venture Capital 92

The Motley Fool

AUGUST 25, 2024

Amelia's diverse customer base, which includes clients such as Teva Pharmaceuticals , extends SoundHound's voice system to new industries, including healthcare, financial services, and retail. SoundHound's financial strengths SoundHound can expand its business through acquisitions because of its strong financials.

Liabilities 130

Liabilities Debt Financial Services Assets 130

The Motley Fool

MAY 23, 2024

Since the firm's AI automation software offers operational efficiencies, UiPath's strategy is to pursue clients in industries replete with administrative processes, such as financial services, healthcare, and the public sector. Department of Defense and the Internal Revenue Service. Its customers include the U.S. It held $1.1

Liabilities 130

Liabilities Financial Services Assets Returns 130

The Motley Fool

JUNE 28, 2024

Beyond the basic business information, the application process required several more pieces of documentation: Financial worksheet: This detailed my business's financial status, including assets, liabilities, revenue streams, and other financial metrics that provide a snapshot of the business's health and potential for growth.

Startups 130

Startups Financial Institutions Funds Finance 130

The Motley Fool

NOVEMBER 12, 2024

Upon reviewing the quarter, I can confidently state that we maintain committed to executing our strategies across various areas of our Financial Service segment. In terms of software, we continue to see significant progress in cross-selling our financial service solutions to our software clients. sequentially.

Banks 130

Banks Financial Services Capital Securities and Exchange Commission (SEC) 130

The Motley Fool

AUGUST 9, 2023

Our LTC business reported an adjusted operating loss of $43 million in the second quarter, primarily driven by a liability remeasurement loss of $61 million from higher new claims as the LTC blocks age and seasonally lower claim terminations. In unprofitable capped LTC cohorts, any liability remeasurement is recorded in the quarter.

Legal 100

Legal Liabilities Taxes Shareholders 100

The Motley Fool

NOVEMBER 12, 2024

Next, turning to digital financial services. We are well-positioned to grow our credit business and offer more financial services to address the huge underserved demand in our markets. This was primarily driven by GMV growth of our e-commerce business and the growth of our digital financial services business.

Financial Services 130

Financial Services Leveraging Financing Finance 130

Tucker Advisors

SEPTEMBER 27, 2021

The one insurance company that required a bailout, AIG, suffered its heaviest losses from its financial services division, a business segment that most insurance companies do not have. As an added protection for policyholders, a failing insurance company cannot access federal bankruptcy laws to escape liability for its debts.

Companies 52

Companies Liabilities Legal Banks 52

The Motley Fool

AUGUST 7, 2024

As discussed in our recent State of Payments Report, which we released two weeks ago, consumers continue to branch out in financial services, looking for alternatives to traditional banks. The TPV growth and momentum goes well beyond financial services. Q2 TPV was $71 billion, a year over year increase of 32%.

Banks 130

Banks Financial Services Finance Financing 130

The Motley Fool

FEBRUARY 28, 2024

We then used that platform to design, develop, and bring to market over 45 production enterprise AI applications that address the value chains of manufacturing, financial services, agribusiness, chemicals, lumber, paper products, utilities, oil and gas, state and local government, defense and intelligence.

Liabilities 130

Liabilities Due Diligence Professional Services Legal 130

The Big Picture

MAY 9, 2023

And again, I ended up in the financial services audit practice at KPMG. It’s like what do I do, how do I address my needs, what are my liability structures, how do I make long-term investment decisions, and then how do I execute upon that overall advice through these individual investment opportunities. SALISBURY: Sure.

Liabilities 118

Liabilities Assets Banks Hedge Funds 118

The Motley Fool

FEBRUARY 22, 2024

Where cohorts saw strength in software and banking offset softness in processing volumes during the year, Cash App benefited from growth in inflows per active, driven by financial services products and monetization from pricing changes. Amrita Ahuja -- Chief Financial Officer Yeah. In the fourth quarter, gross profit was $2.03

Banks 130

Banks Financial Services Leveraging Shareholders 130

The Motley Fool

AUGUST 14, 2024

Additionally, as part of our liability management strategy, we allocated $295 million to the tender offer for our 2028 bonds, achieving nearly 60% participation. Now, let's dive further into our financial services segment performance on Slides 5 to 9. million active clients. These resulted in segment revenue of 2.8

Banks 130

Banks Capital Financial Services Securities and Exchange Commission (SEC) 130

The Motley Fool

OCTOBER 24, 2024

That said, we've been calling out headwinds among our financial services customers for some time now. For the last few quarters, we have noted our expectation that retention rates in Financial Services would be slightly below last year. Desktop grew 8% or 1% when excluding the impact from the Visible Alpha acquisition.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financial Services Shareholders Mergers and Acquisitions 130

The Motley Fool

MARCH 18, 2024

The first one: defining where our focus will be in terms of the software and financial services integration effort. The results we saw in our financial services segment in the fourth quarter reflect the success of this strategy around payments and banking. And the third one: the creation of the Stone platform.

Banks 130

Banks Taxes Financial Services Securities and Exchange Commission (SEC) 130

The Motley Fool

OCTOBER 18, 2024

We have outstanding franchises in dealer financial services, Ally Bank, and corporate finance. Second, we have a liability-sensitive balance sheet heading into a falling rate environment. On liabilities, cost of funds increased 3 basis points quarter over quarter. Our deposits will make us liability sensitive.

Taxes 130

Taxes Finance Financing Collateral 130

The Motley Fool

MAY 13, 2024

In financial services, we perform well across all of our client offerings. As we discussed in our investor day, we will continue cross-selling financial solutions into areas of our software client base and evolve on creating software and financial services bundles. million active clients. billion reais.

Banks 130

Banks Collateral Financial Services Securities and Exchange Commission (SEC) 130

The Motley Fool

APRIL 18, 2024

Moving to operational results in dealer financial services, within auto, we decisioned a record 3.8 Our Dealer Financial Services platform revolves around the dealer, deepening those relationships and providing a comprehensive value proposition to help grow their businesses.

Taxes 130

Taxes Banks Finance Financing 130

The Motley Fool

AUGUST 17, 2023

Our third priority consisted on focusing the expansion of our financial services business. The financial services segment presented healthy TPV and client base growth and showed improvements in monetization from clients. I'm going to start with the highlights of our financial services segment on Page 6.

Banks 228

Banks Leveraging Financial Services Securities and Exchange Commission (SEC) 228

Fortune Financial

SEPTEMBER 25, 2023

Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Consulting with an advisor can help you optimize your financial plan along with identifying the impact of potential future tax changes. Tax Considerations Be mindful of tax implications related to your goals.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Fee Structure Education Taxes 59

The Motley Fool

JULY 23, 2024

Starting with performance, Google Services delivered revenues of $73.9 Search and other revenues grew 14% year on year, led by growth in the retail vertical followed by financial services. Within Google Services, revenues were $73.9 Ruth Porat -- President and Chief Investment Officer, Chief Financial Officer Absolutely.

Depreciation 246

Depreciation Bidding Leveraging Liabilities 246

The Motley Fool

NOVEMBER 7, 2024

Next, an update from another of our primary verticals, financial services. We did a deal with a global financial services provider that oversees quadrillions of dollars in annual transactions. My second financial services story is about a top global bank. The Motley Fool has a disclosure policy.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Banks Financial Services 130

Fortune Financial

SEPTEMBER 25, 2023

Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Consulting with an advisor can help you optimize your financial plan along with identifying the impact of potential future tax changes. Tax Considerations Be mindful of tax implications related to your goals.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Fee Structure Education Taxes 52

The Motley Fool

APRIL 6, 2024

But really whatever works for you, and if you're looking for templates to follow many financial services firms like Schwab , TIA, T. Alison Southwick: Now that you've written down your inventory of assets, it's time to lay out your liabilities. Robert Brokamp: This could be a word document, it could be a spreadsheet.

Accounting 130

Accounting Liabilities Finance Financing 130

The Motley Fool

NOVEMBER 8, 2024

Key verticals to call out includes life science and healthcare, emerging markets, and, notably, financial services and software and biotech, which both returned to sequential growth this quarter. Moving to our vertical performance, financial services increased 3.3% They also have some presence in financial services.

Taxes 130

Taxes Financial Services Consultants Consulting 130

The Motley Fool

NOVEMBER 4, 2024

There's a long-term secular shift in financial services. The days are numbered for the status quo as consumer and businesses want modern financial products. Financial services continues to deliver strong growth despite being, by far, our largest vertical. Simon Khalaf -- Chief Executive Officer Good question.

Banks 242

Banks Finance Financing Financial Services 242

The Motley Fool

FEBRUARY 28, 2024

We expect to continue to grow clients outside of our top 20 at a faster rate than our largest clients in 2024, as we continue to diversify our client base and expand our business in new areas like healthcare and banking and financial services. In terms of delivery geographies, on a year-over-year basis, revenues from U.S.

Leveraging 130

Leveraging Financial Services Capital Banks 130

The Motley Fool

NOVEMBER 10, 2023

In our third priority, to expand financial services business, MSMB TPV continued to grow consistently at a strong pace, increasing 20% year over year and more than twice the industry rate. Moving to highlights of our financial services segment on Page 6. In the third quarter of '23, revenue in the segment increased to 2.7

Banks 147

Banks Securities and Exchange Commission (SEC) Taxes Financial Services 147

The Motley Fool

MARCH 4, 2024

In 2023, we achieved profitability, strengthened our market leadership for our e-commerce business, grew our digital financial services business, and stabilized the performance of our digital entertainment business. Turning to our digital financial services segment. As we scale, we will remain prudent on risk management.

Financial Services 130

Financial Services Banks Returns Taxes 130

The Motley Fool

AUGUST 13, 2024

Next, turning to digital financial services. Jessica Tan is a highly accomplished leader in financial services. This was primarily driven by GMV growth of our e-commerce business and the growth of our digital financial services business. Both revenue and adjusted EBITDA have grown very well year on year.

Financial Services 130

Financial Services Returns Banks Portfolios 130

The Motley Fool

MAY 14, 2024

Next, turning to digital financial services. In the first quarter, our digital financial services revenue grew 21% and adjusted EBITDA grew 50% year on year. We anticipate further growth for our digital financial services business throughout the year. Finally, turning to our digital entertainment business.

Mergers and Acquisitions 130

Mergers and Acquisitions Financial Services Banks Returns 130

The Motley Fool

JANUARY 22, 2024

The average cost of its interest-bearing liabilities, which primarily means its deposit base, is up by 164 basis points here every year, so 1.64%. What are you thinking about commercial loan liability for regionals right now? Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company.

Banks 130

Banks Liabilities Debt Capital 130

The Motley Fool

OCTOBER 10, 2024

I'm in Miami today, together with Jon Jaffe, our co-CEO and president; Diane Bessette, our chief financial officer; David Collins, who you just heard from, our controller; and Vice President Bruce Gross -- and Bruce Gross, our CEO of Lennar Financial Services; and a few others are here as well.

Assets 246

Assets Capital Debt Shareholders 246

Axial

NOVEMBER 18, 2024

Financial Services Range of EBITDA multiples: 1.78–7.6, with a median of approximately 5x EBITDA Generally speaking, firms with higher multiples tend to fall into sub-sectors like wealth management and financial advice.

Consulting 52

Consulting Consultants Debt Finance 52

The Motley Fool

JANUARY 19, 2024

Within dealer financial services, 22,000 dealer relationships resulted in nearly 14 million consumer auto applications in 2023, a record for Ally. Both dealer financial services and Ally Bank have a robust scale but remain nimble and able to pivot in response to evolving market dynamics. Happy to do that, Sanjay.

Finance 130

Finance Financing Taxes Banks 130

The Motley Fool

NOVEMBER 7, 2024

We have been focused on expanding our presence in the enterprise, particularly in banking and financial services and healthcare. And in 2024, we've successfully landed a banking and financial service customer, and we just got verbally awarded in Q4, expect to sign a contract with a very large healthcare payer.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Professional Services Legal 130