Benzinga

JUNE 16, 2023

Customers Bancorp (NYSE: CUBI ) has acquired a $631 million venture banking loan portfolio from the FDIC at ~85% of book value. CUBI also hired 30 team members from the loan origination group to support the venture-backed growing industry from seed to late-stage. Full story available on Benzinga.com

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Book Value Banking Equity Marketability 52

Benzinga

JULY 18, 2023

stake in Wella for $150 million, reflecting a 4% premium to the book value of Wella as of March 31, 2023. Coty Inc (NYSE: COTY ) has entered into a binding letter of intent to sell a portion of its Wella beauty and hair care brand stake to investment firm IGF Wealth Management. Coty will sell a 3.6%

Book Value 52

Book Value Equity Marketability 52

Shuster & Co.

DECEMBER 15, 2021

An overview of some of the top methods CPAs use to determine a business’ value include: Market Value Method/Comparable Company Analysis. The market value method is one of the most subjective ways to value a business. The value is based on the net cash that would be generated from the sale of assets.

Discounted Cash Flow 52

Discounted Cash Flow Book Value Liquidation Value Weighted Average Cost of Capital 52

Class VI Partner

JULY 28, 2021

Adjusted Net Book Value Adjusted Net Book Value is the Book Value of a business that has been adjusted to reflect the current market value of the assets and liabilities of a company. In this case, an adjustment to the value of these assets is required to determine Adjusted Net Book Value.

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Startup Valuation Blog

NOVEMBER 16, 2021

As the name suggests Equitest is an intuitive valuation software that makes the equity valuation process simple and affordable for businesses, startups, and professionals. It uses reliable financial models, technologies, and machine learning (ML) algorithms so you can calculate, test, and evaluate your company’s equity easily and accurately.

Appraisal 100

Appraisal Business Valuation Discounted Cash Flow Start-ups 100

Equilest

NOVEMBER 25, 2023

These examples cover a range of topics, including discounted cash flow (DCF) analysis, comparable company analysis (CCA), and market multiples. Continuous Learning in Valuation Given the dynamic nature of financial markets, continuous learning is essential for professionals in valuation. What is Free Cash Flow to Equity?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Benzinga

MARCH 28, 2024

At or immediately prior to the closing, IFH is expected to distribute its minority equity interest in Dogwood State Bank to IFH shareholders in the form of a dividend equal to approximately 0.469 shares of Dogwood State Bank for each share of IFH common stock, a value of $7.69/share and Capital Bank. and Capital Bank.

Banking 40

Banking Dividends Book Value Equity 40

Equilest

JANUARY 11, 2024

Additionally, a change in control triggers the need for PPA, exemplified when a shareholder gains substantial equity to assume controlling interest. Net Identifiable Assets This encompasses the total value of assets owned by the acquired company, minus its liabilities.

Fair Market Value 52

Fair Market Value Business Valuation Book Value Compliance 52

Musings on Markets

FEBRUARY 27, 2022

After paying taxes on this income, the residual amount represents net income, the final measure of equity earnings, and the basis for computing earnings per share and other widely used measures of profitability used by equity investors. The numbers yield interesting insights.

Start-ups 80

Start-ups Equity Book Value Marketability 80

Valutico

DECEMBER 15, 2022

Below, we outline what this method is, the different ways it works as well as key considerations when using this approach to value a company. Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. Surveys of market participants.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

Below, we outline what this method is, the different ways it works as well as key considerations when using this approach to value a company. Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. Surveys of market participants.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Musings on Markets

FEBRUARY 27, 2023

To fund the business, you can either use borrowed money (debt) or owner's funds (equity), and while both are sources of capital, they represent different claims on the business. Even government-owned businesses fall under its umbrella, with the key difference being that equity is provided by the taxpayers.

Equity 52

Equity EBITDA Start-ups Net Debt 52

The Mentor Group

FEBRUARY 1, 2022

Long-term equity anticipation securities (LEAPs). Marketability - the limited market for trading interests in the entity or asset. Also known as DLOM, or discount for lack of marketability. Some of these metrics, but not all inclusive, are the following: Return on assets and equity. Control premium studies.

Dividends 40

Dividends Fair Market Value Equity Book Value 40

Musings on Markets

FEBRUARY 15, 2023

It is to remedy this defect that analysts scale profits to invested capital, with equity and capital variants: In the equity version, you divide net income by book equity to estimate a return on equity, a measure of what equity investors are generating on the capital they have invested in a company.

Equity 52

Equity Start-ups Risk Premium Risk-free Rate 52

Reynolds Holding

FEBRUARY 12, 2024

The San Fransisco-based bank’s loan accounting uses “fair value” treatment rather than the standard amortized cost/CECL approach, which is delivering earnings — and more importantly capital levels — wildly different from those reported by other banks and consumer instalment lenders with similar products and credit profiles. percent to 8.9

Banking 59

Banking Book Value Start-ups Technology 59

Benzinga

MARCH 21, 2023

Estimated tangible book value per share dilution to First Mid is expected to be earned back in 1.9 And, while there is volatility in the equity markets for banks today, the discussions which led to today's announcement started a long time ago. million, subject to certain conditions and adjustments.

Book Value 40

Book Value Banking Equity Marketability 40

Reynolds Holding

MAY 11, 2023

According to the 2022 CS Annual Report , the book value per share was 11.45 This means that, compared with the account value of 2022, CS shareholders lost more than 42 billion CHF. Accounting values are clearly imperfect, but they are the metric that matters for determining bank insolvency. Swiss francs (CHF) per share.

Banking 59

Banking Equity Book Value Treasury 59

Benzinga

APRIL 28, 2023

The contagion of those three troubled institutions affected just about every other bank in the country in the quality of operating performance and the performance of each company's stock in the market. of tangible shareholders' equity (1) at March 31, 2023. Book value per common share was $32.15

Dividends 40

Dividends Banking Book Value Equity 40

Benzinga

FEBRUARY 27, 2023

Upon completion of the merger, Ready Capital is expected to have a pro forma equity capital base of $2.8 per Broadmark share, representing a 41% premium or approximately 0.85x tangible book value as of December 31, 2022. In addition, Ready Capital will assume Broadmark's outstanding senior unsecured notes.

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Book Value Finance Market Capitalization Equity 40

Benzinga

JUNE 14, 2022

million in tangible common equity. Based on FMAO's closing share price as of June 14, 2022 of $34.28, the implied aggregate acquisition value equals $27.0 Peoples expands F&M's community banking franchise into compelling Sidney, Ohio and surrounding markets in Shelby County. At March 31, 2022, PPSF reported $132.7

Banking 40

Banking Book Value Equity Marketability 40

Reynolds Holding

APRIL 18, 2024

a lower cost of raising equity capital), increased profitability, lower audit fees, and fewer shareholder disputes compared with non-CEFO firms (i.e., cents lower per dollar of total book value of assets than such fees for non-CEFO firms. those that did not adopt a code of ethics for their senior financial officers).

Start-ups 64

Start-ups Book Value Compliance Finance 64

Sun Acquisitions

OCTOBER 5, 2022

Every business owner markets their business as a successful and profitable venture. Next, you need to evaluate the existing market and economic conditions. It’s an excellent way to establish a business’ fair value as the valuation itself is conducted by an independent third party. Step 1: Figure out your reason for selling.

Business Valuation 52

Business Valuation Earnings Multiplier Private Equity Firm Book Value 52

Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis.

Marketability 95

Marketability Risk Premium Start-ups Treasury 95

Andrew Stolz

JANUARY 12, 2022

They have 90% market share of in FCEV. This gives it a market share of 5%, compared to Tesla’s 14.6%. Book value is the value attributable to shareholders in case the company sells all its assets and repays its liabilities (also called liquidation value). Shareholders should expect a higher return on equity.

EBIT 52

EBIT Price to Book Book Value Liquidation Value 52

Benzinga

APRIL 26, 2023

Non-performing Assets were 0.14% of Total Assets at March 31, 2023 Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., The variance from the comparative quarters primarily reflected changes in market valuations. Book value per common share of $22.79

Dividends 40

Dividends Banking Equity Book Value 40

Appraisal Rights

AUGUST 7, 2019

The value of the holding is established by the directors, having obtained the opinion of the board, of statutory auditors as well as the legal auditor of accounts and is established taking account: of the company’s equity ; of its income producing prospects ; as well as. any market value it may have.

Appraisal 52

Appraisal Book Value Equity Marketability 52

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Musings on Markets

JANUARY 5, 2024

Thus, looking at only the companies in the S&P 500 may give you more reliable data, with fewer missing observations, but your results will reflect what large market cap companies in any sector or industry do, rather than what is typical for that industry.

Dividends 98

Dividends Risk Premium Equity Book Value 98

Benzinga

JULY 10, 2023

SMGI" or the "Company") (OTCQB: SMGI ), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, is pleased to announce the successful acquisition and merger of the Barnhart Transportation group of companies ("Barnhart"), a 20 year-old established logistics service provider based in Pennsylvania.

EBITDA 40

EBITDA Book Value Capital Structure Marketability 40

Chris Mercer

AUGUST 1, 2022

Were also bigger and had higher market capitalizations and better operating performance, on average. Market Pricing and Restricted Stock Discounts. The next figure examines the offer amounts, size of the transactions, and market pricing of the dividend-paying restricted stock issuers. We make observations from the second figure.

Dividends 52

Dividends Appraisal Marketability Start-ups 52

Musings on Markets

NOVEMBER 10, 2022

It is in pursuit of answering these questions that accountants generate financial statements, and the three most basic are: The balance sheet , which summarizes what a firm owns and owes at a point in time, as well as an estimate of what equity is worth (through accounting eyes).

Finance 74

Finance Start-ups Equity Equity Financing 74

Musings on Markets

JANUARY 31, 2024

In my last three posts, I looked at the macro (equity risk premiums, default spreads, risk free rates) and micro (company risk measures) that feed into the expected returns we demand on investments, and argued that these expected returns become hurdle rates for businesses, in the form of costs of equity and capital.

Equity 79

Equity Book Value Start-ups Corporate Finance 79

Musings on Markets

OCTOBER 6, 2023

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now.

Intangible Assets 104

Intangible Assets Book Value Equity Start-ups 104

Musings on Markets

JULY 22, 2021

Zomato, an Indian online food-delivery company, was opened up to public market investors on July 14, 2021, and its market debut is being watched for clues by a number of other online ventures in India, waiting in the wings to go public.

Marketability 86

Marketability Start-ups Equity Price to Book 86

Brian DeChesare

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed investing offers equity-like returns with lower risk.” Distressed assets offer non-correlated returns, similar to global macro.”

Equity 83

Equity Banking EBITDA Start-ups 83

IVSC

FEBRUARY 7, 2022

Comment: The importance of (and challenges with) valuing intangibles. Jeremy Stuber is a global equity analyst at Newton Investment Management , leading on valuation and accounting issues across all sectors. Jeremy Stuber chairs the Corporate Reporting Users’ Forum (CRUF) UK and co-chairs the Capital Markets Advisory Committee (CMAC).

Discounted Cash Flow 252

Discounted Cash Flow Intangible Assets Marketability Price to Book 252

Benzinga

APRIL 18, 2022

Return on average tangible common equity (1). . . markets is again demonstrated by the announcement of our intent to acquire Rock Canyon Bank," said Tim Laney, Chairman, President and CEO of National Bank Holdings Corporation. million lower unrealized gains from equity method investments included in the prior quarter and $0.7

Banking 40

Banking Book Value Equity Intangible Assets 40