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

Fortune Financial

SEPTEMBER 25, 2023

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Chartered Financial Analyst (CFA) CFAs are experts in investment management and analysis.

Securities and Exchange Commission (SEC) 59

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

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. Adjusted noninterest expense of $1.3

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The Motley Fool

OCTOBER 29, 2024

Horton team produced solid results to finish the year, highlighted by consolidated pre-tax income of $1.7 billion on revenues of $10 billion, with a pre-tax profit margin of 17.1%. For the year, earnings per diluted share increased 4% to $14.34, and our consolidated pre-tax income was $6.3 billion on revenues of $36.8

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Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

Fortune Financial

SEPTEMBER 25, 2023

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Chartered Financial Analyst (CFA) CFAs are experts in investment management and analysis.

Securities and Exchange Commission (SEC) 52

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

The Motley Fool

JANUARY 25, 2024

When you look at what Goldman traditionally does, you look at the other financial services providers out there that focus on different areas in the market, this is just consumer was not something where Goldman just traditionally had a lot of exposure or expertise for that matter. If you're in a higher tax bracket today, take the loss.

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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

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

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.

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The Motley Fool

SEPTEMBER 3, 2024

To give you an example, in a seven-figure upsell deal, a Fortune 200 financial services customer, bought ZPA and ZDX, after the successful ZIA deployment for 68,000 users. In an upsell win of Fortune 500 financial services customer purchased zero trust for workloads to protect their on-prem applications. billion to $2.62

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Taxes Accounting Finance Financing 245

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. and $0.45, respectively.

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The Motley Fool

MAY 2, 2024

Amrita Ahuja -- Chief Financial Officer Tim, thanks for the question. Our top strategic priority, as you know, for Cash App is banking our base, which is about bringing more financial services to our 57 million monthly actives. Alex Markgraff -- KeyBanc Capital Markets -- Analyst Just a couple on tax in direct deposit.

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The Motley Fool

APRIL 24, 2024

Turning to Originations, our team did a great job generating $32 million in pre-tax income while continuing to be an industry leader in retention. Now let's turn to Slide 10 and discuss originations where we reported pre-tax earnings of $32 million which came in slightly above guidance. Good morning.

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The Motley Fool

OCTOBER 31, 2024

This is a fantastic example of the value we can deliver when we combine the proposition of our acquisitions, data, and other service offerings. People want greater choice, control, and access to financial services. For reference, Q3 year-to-date 2024, this benefit had the impact of reducing our tax rate by approximately 4%.

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The Motley Fool

JULY 18, 2024

Our consolidated pre-tax income increased 1% to $1.8 billion on a 2% increase in revenues to $10 billion, with a pre-tax profit margin of 18.1%. We anticipate a financial services pre-tax profit margin of around 35% in the fourth quarter, and we expect our quarterly income tax rate to be approximately 24% to 24.3%.

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The Motley Fool

APRIL 6, 2024

Related to that, once you've gone through this process, you'll have created a handy document that you can use when you meet with pros such as an estate planning attorney, financial planner, and account because they're going to want to know everything about your finances. So again, financial planner, tax accountant, attorney.

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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

AUGUST 6, 2024

We think the next tranche of demand is likely to come from the AI model inference phase, probably with forward-thinking enterprises who see AI as a way to transform their businesses, think financial services, healthcare and retailers to start. We pay tax on that cash. It's older, it's behind us.

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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.

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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

Axial

NOVEMBER 18, 2024

Let’s start by defining the terms: Your EBITDA is your earnings before interest, taxes, depreciation, and amortization. Essentially, it’s a clean snapshot — measured before any deductions, taxes, financing, and non-operational factors — that a buyer can use to understand your business’s core profitability at a specific point in time.

Consulting 52

Consulting Consultants Debt Finance 52

The Motley Fool

AUGUST 8, 2024

In the second quarter, we delivered very strong growth in our healthcare and life sciences vertical and strong growth in our emerging verticals, where we also saw some slight sequential improvements in financial services. Financial Services decreased 5.6% We expect our GAAP effective tax rate to now be 21%.

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The Motley Fool

OCTOBER 30, 2024

Chris Koegel -- Vice President, Investor Relations and Corporate Financial Planning and Analysis Great. Jason, can you describe the plans for the live tax gain and loss monitoring that you're rolling out? Jason Warnick -- Chief Financial Officer Sure. There's a couple things I'd highlight on tax management.

Taxes 130

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The Big Picture

MAY 9, 2023

So how do you then go from tax and audit practice to finance and investing? And again, I ended up in the financial services audit practice at KPMG. If I’d moved to Hong Kong, I think it would have looked like a fairly self-serving tax trade. That background of being an accountant was just great bedrock training.

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Liabilities Assets Banks Hedge Funds 118

The Motley Fool

OCTOBER 25, 2023

Jim Kavanaugh -- Senior Vice President, Chief Financial Officer Thanks, Arvind. I'll get right into the financial highlights of the quarter. billion of operating pre-tax income, and $2.20 Operating gross margin expanded 160 basis points, and operating pre-tax margin expanded 170 basis points. We delivered $14.8

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The Motley Fool

MAY 9, 2024

Financial services decreased 10.3% Revenue in the quarter was impacted primarily by the ramp down of work within our financial services vertical. Our GAAP effective tax rate for the quarter came in at 6%, which included a higher level of excess tax benefits related to stock-based compensation.

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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.

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The Motley Fool

FEBRUARY 8, 2024

Next, a change in profit before income tax for nine months and compared to the same period last fiscal year. Profit before income taxes, despite a decrease in equity method profit mainly from China due to an increase in operating profit, interest income, and other profits was increased by JPY 405.1 billion, financial services, JPY 204.8

Taxes 245

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The Motley Fool

FEBRUARY 15, 2024

Financial services contracted 7.1%, driven by declines in banking, partially offset by work performed from marketplace exchange and finance information and analytics clients. Our GAAP effective tax rate for the quarter came in at 23.4% Our GAAP effective tax rate for the year was 22.3%. In Q4, there were approximately 58.9

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Consulting Consultants Taxes Leveraging 100

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. In the fourth quarter, gross profit was $2.03 billion, up 22% year over year. Please go ahead.

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The Motley Fool

NOVEMBER 7, 2024

With expansions in India, Mexico, and the United States, we've grown the breadth of the services we provide to include tax support in addition to customer support, sales, and learning experience. We have been focused on expanding our presence in the enterprise, particularly in banking and financial services and healthcare.

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The Motley Fool

JULY 2, 2024

There's a lot of short-term liabilities coming up for Carnival, but that is in unearned revenue. It adjusts for inflation every year, and it's at least partially tax-free. Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company. and Discover Financial Services.

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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.

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The Motley Fool

AUGUST 1, 2024

A Fortune 500 financial services company expanded their relationship with Cloudflare signing a one-year $895,000 contract for Magic Transit and Magic Firewall, gaps in their incumbent products with two on-premise vendors, let this customer vulnerable to attacks creating significant urgency for a placement solution.

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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.

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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

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The Motley Fool

JANUARY 23, 2024

Our consolidated pre-tax income was $1.2 billion, with a pre-tax profit margin of 16.1%. Jessica Hansen -- Vice President, Investor Relations Forestar, our majority-owned residential lot development company, reported revenues of $306 million for the first quarter on 3,150 lots sold, with pre-tax income of $51 million.

Securities and Exchange Commission (SEC) 130

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The Motley Fool

JULY 19, 2023

billion despite seasonal headwinds related to tax payments and a host of other factors pressuring deposit flows. We recently completed another company engagement survey, and I'm proud that we remained in the top 10% of global companies and were eight points higher than the financial services benchmark. Turning to liabilities.

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