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Salisbury Bancorp, Inc. Reports Results for First Quarter 2023; Declares 16 Cent Dividend

Benzinga

Net Interest and Dividend Income Tax equivalent net interest income of $11.3 See SUPPLEMENTAL INFORMATION – Net Interest and Dividend Income on page 9 of this release for additional details. million, were partially offset by common stock dividends paid of $0.9 Book value per common share of $22.79

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Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares Dividend

Benzinga

With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 Book value per common share was $32.15 for the fourth quarter of 2022, while tangible book value per share (1) was $24.52 million in dividends during the first quarter of 2023. million, or 0.26%, from $512.1

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Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

The notion of computing a cost of capital for a bank is fanciful and fruitless, and any attempt to compute an enterprise value for a bank is destined to end in failure. Note the differences between the bank FCFE and bank dividend discount models. Note the differences between the bank FCFE and bank dividend discount models.

Banking 63
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Must a Professional Corporation Redeem the Shares of its Retired Shareholders?

Farrel Fritz

That is because under Section 1510 of the Business Corporation Law , the death or disqualification of a shareholder in a professional corporation triggers the PC’s obligation to redeem the deceased shareholder’s shares at their book value. The Practice has never paid a dividend to its shareholders.

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Minority Shareholder’s Petition to Dissolve Seltzer Business Loses Its Fizz

Farrel Fritz

For one of the “outside” shareholders who drew no salary and sought to monetize her 25% share of the trapped-in value of the real estate, those factors most likely contributed to her decision to sue for judicial dissolution of the three companies, claiming she was the victim of a freeze-out. The Dissolution Petitions.

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M&A Terms Every Business Owner Should Know

Class VI Partner

Buyers and sellers often disagree about what are truly one-time expenses (one of our favorite sayings is: “Life is a series of one-time events”), or what expenses a buyer should not expect to incur going forward (e.g., In this case, an adjustment to the value of these assets is required to determine Adjusted Net Book Value.

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Data Update 5 for 2022: The Bottom Line!

Musings on Markets

The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again. To make comparisons, profits are scaled to common metrics, with revenues and book value of investment being the most common scalar.