Annual Income Statements for BFC Capital Trust II PFD TR 7.20%
This table shows BFC Capital Trust II PFD TR 7.20%'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for BFC Capital Trust II PFD TR 7.20%
This table shows BFC Capital Trust II PFD TR 7.20%'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Consolidated Net Income / (Loss) |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Net Income / (Loss) Continuing Operations |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Total Pre-Tax Income |
|
68 |
70 |
74 |
70 |
65 |
60 |
64 |
65 |
74 |
72 |
Total Revenue |
|
150 |
159 |
157 |
154 |
149 |
150 |
151 |
154 |
164 |
163 |
Net Interest Income / (Expense) |
|
101 |
110 |
109 |
106 |
104 |
105 |
106 |
110 |
115 |
116 |
Total Interest Income |
|
114 |
136 |
145 |
151 |
160 |
167 |
172 |
178 |
188 |
186 |
Loans and Leases Interest Income |
|
87 |
98 |
104 |
115 |
122 |
127 |
132 |
138 |
144 |
141 |
Investment Securities Interest Income |
|
6.82 |
8.76 |
9.00 |
9.43 |
9.28 |
9.20 |
9.20 |
8.95 |
8.36 |
7.86 |
Deposits and Money Market Investments Interest Income |
|
20 |
29 |
32 |
27 |
29 |
32 |
30 |
32 |
35 |
38 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
0.02 |
0.05 |
0.03 |
0.08 |
0.06 |
0.05 |
0.02 |
0.01 |
0.00 |
0.01 |
Total Interest Expense |
|
13 |
25 |
36 |
45 |
56 |
62 |
66 |
69 |
73 |
70 |
Deposits Interest Expense |
|
12 |
24 |
35 |
44 |
55 |
61 |
64 |
67 |
72 |
69 |
Short-Term Borrowings Interest Expense |
|
0.04 |
0.01 |
0.08 |
0.13 |
0.05 |
0.05 |
0.10 |
0.06 |
0.05 |
0.03 |
Long-Term Debt Interest Expense |
|
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
Total Non-Interest Income |
|
49 |
48 |
48 |
48 |
44 |
45 |
45 |
44 |
49 |
47 |
Trust Fees by Commissions |
|
5.62 |
6.12 |
6.73 |
7.93 |
8.18 |
7.88 |
8.65 |
9.15 |
9.19 |
9.22 |
Other Service Charges |
|
15 |
14 |
15 |
12 |
14 |
16 |
15 |
11 |
16 |
13 |
Net Realized & Unrealized Capital Gains on Investments |
|
1.99 |
-0.08 |
0.87 |
1.07 |
0.84 |
1.43 |
0.49 |
1.11 |
0.35 |
0.72 |
Other Non-Interest Income |
|
26 |
28 |
25 |
27 |
22 |
20 |
21 |
23 |
23 |
24 |
Provision for Credit Losses |
|
2.86 |
3.78 |
2.32 |
2.82 |
2.31 |
- |
4.02 |
3.36 |
3.03 |
-1.40 |
Total Non-Interest Expense |
|
79 |
85 |
80 |
81 |
81 |
90 |
83 |
85 |
87 |
92 |
Salaries and Employee Benefits |
|
48 |
48 |
49 |
50 |
50 |
51 |
52 |
52 |
54 |
54 |
Net Occupancy & Equipment Expense |
|
6.81 |
7.19 |
7.09 |
7.34 |
7.31 |
7.66 |
7.82 |
7.93 |
8.50 |
8.70 |
Marketing Expense |
|
1.95 |
2.47 |
2.53 |
1.90 |
2.03 |
2.65 |
2.26 |
2.25 |
2.17 |
2.72 |
Other Operating Expenses |
|
17 |
21 |
16 |
16 |
16 |
23 |
16 |
18 |
16 |
21 |
Depreciation Expense |
|
4.61 |
4.57 |
4.64 |
4.77 |
4.69 |
4.56 |
4.56 |
4.50 |
4.48 |
4.59 |
Amortization Expense |
|
0.88 |
0.88 |
0.88 |
0.88 |
0.89 |
0.89 |
0.89 |
0.89 |
0.89 |
0.89 |
Income Tax Expense |
|
13 |
13 |
17 |
15 |
14 |
11 |
14 |
15 |
15 |
16 |
Basic Earnings per Share |
|
$1.69 |
$1.74 |
$1.75 |
$1.67 |
$1.55 |
$1.48 |
$1.53 |
$1.53 |
$1.78 |
$1.71 |
Weighted Average Basic Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Diluted Earnings per Share |
|
$1.65 |
$1.70 |
$1.72 |
$1.64 |
$1.52 |
$1.46 |
$1.50 |
$1.51 |
$1.75 |
$1.68 |
Weighted Average Diluted Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Weighted Average Basic & Diluted Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Annual Cash Flow Statements for BFC Capital Trust II PFD TR 7.20%
This table details how cash moves in and out of BFC Capital Trust II PFD TR 7.20%'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-316 |
252 |
-93 |
-334 |
444 |
-251 |
433 |
1,119 |
-771 |
1,156 |
Net Cash From Operating Activities |
|
78 |
91 |
110 |
140 |
159 |
155 |
204 |
226 |
233 |
261 |
Net Cash From Continuing Operating Activities |
|
78 |
91 |
110 |
140 |
159 |
155 |
204 |
226 |
233 |
261 |
Net Income / (Loss) Continuing Operations |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
Consolidated Net Income / (Loss) |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
Provision For Loan Losses |
|
7.68 |
12 |
8.51 |
3.80 |
8.29 |
63 |
-8.69 |
10 |
7.46 |
9.00 |
Depreciation Expense |
|
12 |
12 |
12 |
14 |
16 |
18 |
20 |
22 |
22 |
22 |
Amortization Expense |
|
1.02 |
0.13 |
-0.15 |
-0.42 |
-4.28 |
-0.09 |
4.41 |
2.62 |
-1.27 |
-1.05 |
Non-Cash Adjustments to Reconcile Net Income |
|
-7.51 |
-2.74 |
6.07 |
-0.52 |
3.22 |
-24 |
17 |
12 |
-5.64 |
9.40 |
Changes in Operating Assets and Liabilities, net |
|
-1.10 |
-1.43 |
-2.92 |
-2.21 |
0.87 |
-1.97 |
3.60 |
-14 |
-2.16 |
5.82 |
Net Cash From Investing Activities |
|
-265 |
-98 |
-350 |
-294 |
50 |
-899 |
423 |
-1,519 |
-670 |
-71 |
Net Cash From Continuing Investing Activities |
|
-265 |
-98 |
-350 |
-294 |
50 |
-899 |
423 |
-1,519 |
-670 |
-71 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-11 |
-11 |
-18 |
-52 |
-27 |
-66 |
-27 |
-20 |
-23 |
-37 |
Acquisitions |
|
- |
- |
- |
- |
0.00 |
0.00 |
-14 |
0.00 |
0.00 |
0.00 |
Purchase of Investment Securities |
|
-341 |
-402 |
-417 |
-473 |
-489 |
-1,406 |
-60 |
-2,407 |
-1,174 |
-764 |
Sale and/or Maturity of Investments |
|
74 |
316 |
91 |
216 |
597 |
575 |
517 |
917 |
533 |
741 |
Net Increase in Fed Funds Sold |
|
13 |
-0.70 |
- |
24 |
-1.00 |
1.00 |
14 |
0.56 |
1.53 |
0.60 |
Other Investing Activities, net |
|
- |
- |
-5.22 |
-8.86 |
-29 |
-2.20 |
-7.46 |
-9.71 |
-7.64 |
-13 |
Net Cash From Financing Activities |
|
-129 |
260 |
147 |
-180 |
235 |
492 |
-194 |
2,412 |
-335 |
966 |
Net Cash From Continuing Financing Activities |
|
-129 |
260 |
147 |
-180 |
235 |
492 |
-194 |
2,412 |
-335 |
966 |
Net Change in Deposits |
|
-106 |
275 |
167 |
-140 |
274 |
536 |
-192 |
2,452 |
-285 |
1,018 |
Issuance of Debt |
|
- |
- |
0.40 |
0.78 |
-0.58 |
3.00 |
58 |
0.30 |
3.05 |
-3.35 |
Issuance of Common Equity |
|
4.43 |
13 |
4.84 |
2.24 |
2.48 |
1.79 |
2.26 |
7.65 |
2.54 |
9.20 |
Repayment of Debt |
|
-3.48 |
- |
- |
-5.16 |
0.00 |
-3.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Repurchase of Common Equity |
|
-1.65 |
-5.52 |
- |
-7.91 |
-1.60 |
-3.10 |
-12 |
0.00 |
-1.82 |
0.00 |
Payment of Dividends |
|
-21 |
-23 |
-25 |
-30 |
-40 |
-42 |
-45 |
-48 |
-54 |
-58 |
Cash Interest Paid |
|
12 |
15 |
21 |
42 |
55 |
22 |
12 |
43 |
192 |
271 |
Cash Income Taxes Paid |
|
34 |
33 |
41 |
28 |
31 |
27 |
31 |
35 |
52 |
47 |
Quarterly Cash Flow Statements for BFC Capital Trust II PFD TR 7.20%
This table details how cash moves in and out of BFC Capital Trust II PFD TR 7.20%'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-546 |
-164 |
-333 |
-427 |
-72 |
61 |
128 |
-32 |
499 |
562 |
Net Cash From Operating Activities |
|
59 |
47 |
70 |
60 |
61 |
43 |
66 |
100 |
78 |
17 |
Net Cash From Continuing Operating Activities |
|
59 |
47 |
70 |
60 |
61 |
43 |
66 |
100 |
78 |
17 |
Net Income / (Loss) Continuing Operations |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Consolidated Net Income / (Loss) |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Provision For Loan Losses |
|
2.86 |
3.78 |
2.32 |
2.82 |
2.31 |
- |
4.02 |
3.36 |
3.03 |
-1.40 |
Depreciation Expense |
|
5.49 |
5.45 |
5.52 |
5.65 |
5.57 |
5.45 |
5.44 |
5.39 |
5.37 |
5.48 |
Amortization Expense |
|
0.23 |
-0.38 |
-0.27 |
-0.30 |
-0.31 |
-0.39 |
-0.31 |
-0.32 |
-0.22 |
-0.20 |
Non-Cash Adjustments to Reconcile Net Income |
|
1.79 |
-16 |
3.53 |
-2.25 |
5.44 |
-12 |
5.98 |
40 |
9.48 |
-46 |
Changes in Operating Assets and Liabilities, net |
|
-6.27 |
-2.55 |
0.87 |
-1.26 |
-2.90 |
1.13 |
0.86 |
1.38 |
1.03 |
2.55 |
Net Cash From Investing Activities |
|
-511 |
-110 |
-229 |
-141 |
-167 |
-134 |
-141 |
-220 |
-27 |
317 |
Net Cash From Continuing Investing Activities |
|
-511 |
-110 |
-229 |
-141 |
-167 |
-134 |
-141 |
-220 |
-27 |
317 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-3.24 |
-4.68 |
-7.96 |
-5.05 |
-4.68 |
-4.81 |
-10 |
-6.02 |
-5.24 |
-15 |
Purchase of Investment Securities |
|
-585 |
-623 |
-268 |
-183 |
-235 |
-487 |
-131 |
-315 |
-135 |
-182 |
Sale and/or Maturity of Investments |
|
80 |
522 |
46 |
54 |
78 |
353 |
0.51 |
103 |
115 |
522 |
Net Increase in Fed Funds Sold |
|
-2.35 |
1.03 |
1.77 |
-3.40 |
-2.39 |
5.56 |
0.11 |
0.11 |
1.10 |
-0.72 |
Other Investing Activities, net |
|
-0.42 |
-5.62 |
-0.54 |
-3.28 |
-2.86 |
-0.97 |
-0.43 |
-2.04 |
-3.41 |
-6.77 |
Net Cash From Financing Activities |
|
-95 |
-102 |
-173 |
-346 |
33 |
152 |
203 |
88 |
448 |
228 |
Net Cash From Continuing Financing Activities |
|
-95 |
-102 |
-173 |
-346 |
33 |
152 |
203 |
88 |
448 |
228 |
Net Change in Deposits |
|
-84 |
-85 |
-364 |
-135 |
48 |
166 |
209 |
106 |
459 |
244 |
Issuance of Debt |
|
-1.50 |
-4.30 |
203 |
-200 |
0.08 |
-0.63 |
6.35 |
-5.44 |
0.17 |
-4.43 |
Issuance of Common Equity |
|
2.37 |
0.64 |
0.64 |
1.34 |
0.09 |
0.48 |
0.85 |
1.71 |
3.63 |
3.01 |
Payment of Dividends |
|
-12 |
-13 |
-13 |
-13 |
-13 |
-14 |
-14 |
-14 |
-14 |
-15 |
Cash Interest Paid |
|
13 |
23 |
34 |
44 |
54 |
60 |
62 |
67 |
72 |
71 |
Cash Income Taxes Paid |
|
13 |
7.86 |
1.88 |
29 |
12 |
9.72 |
0.25 |
22 |
14 |
10 |
Annual Balance Sheets for BFC Capital Trust II PFD TR 7.20%
This table presents BFC Capital Trust II PFD TR 7.20%'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
6,693 |
7,019 |
7,253 |
7,574 |
8,566 |
9,212 |
9,406 |
12,388 |
12,372 |
13,554 |
Cash and Due from Banks |
|
203 |
184 |
216 |
228 |
222 |
281 |
229 |
259 |
225 |
238 |
Federal Funds Sold |
|
- |
0.70 |
0.70 |
- |
1.00 |
0.00 |
0.80 |
2.85 |
1.32 |
0.72 |
Interest Bearing Deposits at Other Banks |
|
1,395 |
1,667 |
1,542 |
1,196 |
1,646 |
1,336 |
1,821 |
2,910 |
2,172 |
3,316 |
Trading Account Securities |
|
553 |
470 |
464 |
772 |
492 |
555 |
535 |
1,541 |
1,555 |
1,212 |
Loans and Leases, Net of Allowance |
|
4,190 |
4,352 |
4,670 |
4,925 |
5,608 |
6,303 |
6,086 |
6,851 |
-97 |
-99 |
Allowance for Loan and Lease Losses |
|
42 |
49 |
52 |
51 |
54 |
91 |
84 |
93 |
97 |
99 |
Loans Held for Sale |
|
14 |
9.32 |
6.17 |
8.17 |
11 |
54 |
25 |
6.23 |
3.49 |
8.07 |
Premises and Equipment, Net |
|
127 |
127 |
134 |
174 |
206 |
262 |
269 |
278 |
279 |
296 |
Goodwill |
|
54 |
54 |
54 |
80 |
149 |
150 |
150 |
182 |
182 |
182 |
Intangible Assets |
|
16 |
13 |
11 |
16 |
23 |
19 |
18 |
20 |
17 |
13 |
Other Assets |
|
141 |
143 |
155 |
175 |
208 |
253 |
273 |
338 |
8,034 |
8,388 |
Total Liabilities & Shareholders' Equity |
|
6,693 |
7,019 |
7,253 |
7,574 |
8,566 |
9,212 |
9,406 |
12,388 |
12,372 |
13,554 |
Total Liabilities |
|
6,037 |
6,308 |
6,478 |
6,671 |
7,561 |
8,144 |
8,234 |
11,137 |
10,938 |
11,933 |
Non-Interest Bearing Deposits |
|
2,410 |
2,527 |
2,550 |
2,614 |
2,956 |
3,791 |
3,775 |
4,945 |
3,982 |
3,907 |
Interest Bearing Deposits |
|
3,564 |
3,721 |
3,865 |
3,992 |
4,527 |
4,274 |
4,317 |
6,029 |
6,718 |
7,811 |
Short-Term Debt |
|
0.50 |
0.50 |
0.90 |
1.68 |
1.10 |
1.10 |
0.00 |
0.30 |
3.35 |
0.00 |
Long-Term Debt |
|
32 |
32 |
32 |
27 |
27 |
27 |
86 |
86 |
86 |
86 |
Other Long-Term Liabilities |
|
32 |
27 |
30 |
37 |
49 |
52 |
56 |
76 |
149 |
128 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
Total Preferred & Common Equity |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
Preferred Stock |
|
- |
- |
- |
0.00 |
0.00 |
- |
- |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
Common Stock |
|
118 |
133 |
139 |
182 |
186 |
189 |
193 |
202 |
208 |
220 |
Retained Earnings |
|
536 |
578 |
639 |
723 |
815 |
871 |
977 |
1,120 |
1,276 |
1,434 |
Accumulated Other Comprehensive Income / (Loss) |
|
1.53 |
0.09 |
-2.33 |
-2.14 |
3.45 |
7.43 |
2.15 |
-72 |
-50 |
-33 |
Quarterly Balance Sheets for BFC Capital Trust II PFD TR 7.20%
This table presents BFC Capital Trust II PFD TR 7.20%'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
12,452 |
12,332 |
12,020 |
12,115 |
12,602 |
12,737 |
13,313 |
Cash and Due from Banks |
|
227 |
213 |
221 |
203 |
183 |
194 |
248 |
Federal Funds Sold |
|
3.88 |
1.08 |
4.48 |
6.88 |
1.21 |
1.10 |
0.00 |
Interest Bearing Deposits at Other Banks |
|
3,106 |
2,624 |
2,188 |
2,134 |
2,342 |
2,299 |
2,744 |
Trading Account Securities |
|
1,522 |
1,618 |
1,571 |
1,525 |
1,535 |
1,441 |
1,377 |
Loans and Leases, Net of Allowance |
|
6,738 |
7,024 |
7,202 |
7,375 |
7,685 |
-100 |
-102 |
Allowance for Loan and Lease Losses |
|
90 |
95 |
97 |
98 |
97 |
100 |
102 |
Loans Held for Sale |
|
4.82 |
6.22 |
8.78 |
3.85 |
6.00 |
7.41 |
7.84 |
Premises and Equipment, Net |
|
278 |
279 |
280 |
280 |
284 |
285 |
286 |
Goodwill |
|
182 |
182 |
182 |
182 |
182 |
182 |
182 |
Intangible Assets |
|
21 |
19 |
18 |
18 |
16 |
15 |
14 |
Other Assets |
|
370 |
39 |
345 |
387 |
369 |
8,411 |
8,557 |
Total Liabilities & Shareholders' Equity |
|
12,452 |
12,332 |
12,020 |
12,115 |
12,602 |
12,737 |
13,313 |
Total Liabilities |
|
11,257 |
11,021 |
10,679 |
10,744 |
11,133 |
11,225 |
11,729 |
Non-Interest Bearing Deposits |
|
5,203 |
4,540 |
4,286 |
4,171 |
3,850 |
3,816 |
3,859 |
Interest Bearing Deposits |
|
5,856 |
6,070 |
6,190 |
6,364 |
7,060 |
7,200 |
7,616 |
Short-Term Debt |
|
4.60 |
203 |
3.89 |
3.98 |
9.70 |
4.26 |
4.43 |
Long-Term Debt |
|
86 |
86 |
86 |
86 |
86 |
86 |
86 |
Other Long-Term Liabilities |
|
108 |
122 |
114 |
120 |
128 |
119 |
164 |
Total Equity & Noncontrolling Interests |
|
1,195 |
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
Total Preferred & Common Equity |
|
1,195 |
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,195 |
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
Common Stock |
|
201 |
203 |
205 |
206 |
209 |
212 |
216 |
Retained Earnings |
|
1,076 |
1,165 |
1,206 |
1,242 |
1,312 |
1,349 |
1,393 |
Accumulated Other Comprehensive Income / (Loss) |
|
-82 |
-57 |
-71 |
-77 |
-52 |
-48 |
-24 |
Annual Metrics And Ratios for BFC Capital Trust II PFD TR 7.20%
This table displays calculated financial ratios and metrics derived from BFC Capital Trust II PFD TR 7.20%'s official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
6.06% |
5.52% |
11.05% |
11.72% |
8.68% |
5.90% |
9.42% |
14.77% |
9.41% |
3.54% |
EBITDA Growth |
|
10.35% |
5.53% |
22.83% |
16.85% |
4.85% |
-21.75% |
64.16% |
12.56% |
10.98% |
1.73% |
EBIT Growth |
|
11.01% |
6.65% |
26.28% |
17.20% |
6.14% |
-27.16% |
68.73% |
13.93% |
13.69% |
1.98% |
NOPAT Growth |
|
3.57% |
6.81% |
22.31% |
45.55% |
7.21% |
-26.17% |
68.33% |
15.19% |
10.03% |
1.83% |
Net Income Growth |
|
3.57% |
6.81% |
22.31% |
45.55% |
7.21% |
-26.17% |
68.33% |
15.19% |
10.03% |
1.83% |
EPS Growth |
|
3.57% |
6.81% |
19.37% |
41.89% |
7.71% |
-25.93% |
67.67% |
14.71% |
9.88% |
1.58% |
Operating Cash Flow Growth |
|
1.61% |
15.84% |
21.21% |
27.57% |
13.53% |
-2.58% |
31.69% |
10.95% |
2.99% |
12.08% |
Free Cash Flow Firm Growth |
|
-4.26% |
-17.55% |
42.51% |
-85.89% |
996.04% |
10.33% |
-84.47% |
1,894.40% |
-76.86% |
23.01% |
Invested Capital Growth |
|
7.48% |
8.08% |
8.73% |
15.19% |
10.91% |
6.09% |
14.78% |
6.32% |
13.92% |
12.08% |
Revenue Q/Q Growth |
|
1.70% |
0.79% |
3.77% |
13.62% |
-6.33% |
1.25% |
1.39% |
7.10% |
-1.34% |
2.05% |
EBITDA Q/Q Growth |
|
1.20% |
4.12% |
5.46% |
33.92% |
-17.31% |
2.60% |
1.15% |
9.79% |
-3.24% |
4.16% |
EBIT Q/Q Growth |
|
0.99% |
5.09% |
6.10% |
36.99% |
-18.44% |
2.15% |
0.33% |
11.82% |
-3.48% |
4.40% |
NOPAT Q/Q Growth |
|
-0.03% |
4.27% |
1.03% |
11.75% |
2.11% |
-0.15% |
1.70% |
10.89% |
-3.71% |
3.61% |
Net Income Q/Q Growth |
|
-0.03% |
4.27% |
1.03% |
11.75% |
2.11% |
-0.15% |
1.70% |
10.89% |
-3.71% |
3.61% |
EPS Q/Q Growth |
|
-0.03% |
4.27% |
-1.12% |
67.11% |
-22.71% |
-0.33% |
1.82% |
10.54% |
-3.65% |
3.54% |
Operating Cash Flow Q/Q Growth |
|
3.05% |
0.31% |
13.70% |
1.07% |
8.23% |
-1.84% |
-7.69% |
9.89% |
-1.78% |
-8.94% |
Free Cash Flow Firm Q/Q Growth |
|
-23.77% |
2.42% |
28.16% |
138.40% |
-24.24% |
1.80% |
949.18% |
-8.88% |
-42.56% |
668.69% |
Invested Capital Q/Q Growth |
|
1.67% |
1.90% |
1.25% |
1.34% |
2.55% |
2.33% |
1.73% |
4.00% |
4.29% |
1.92% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
38.74% |
38.75% |
42.86% |
44.82% |
43.25% |
31.95% |
47.94% |
47.02% |
47.69% |
46.86% |
EBIT Margin |
|
34.36% |
34.72% |
39.48% |
41.42% |
40.45% |
27.82% |
42.91% |
42.59% |
44.26% |
43.60% |
Profit (Net Income) Margin |
|
22.46% |
22.74% |
25.04% |
32.62% |
32.18% |
22.43% |
34.51% |
34.64% |
34.84% |
34.26% |
Tax Burden Percent |
|
65.38% |
65.48% |
63.42% |
78.76% |
79.55% |
80.63% |
80.44% |
81.33% |
78.71% |
78.59% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
34.62% |
34.52% |
36.58% |
21.24% |
20.45% |
19.37% |
19.56% |
18.67% |
21.29% |
21.41% |
Return on Invested Capital (ROIC) |
|
9.96% |
9.87% |
11.14% |
14.46% |
13.73% |
9.36% |
14.25% |
14.88% |
14.86% |
13.39% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
9.96% |
9.87% |
11.14% |
14.46% |
13.73% |
9.36% |
14.25% |
14.88% |
14.86% |
13.39% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.50% |
0.47% |
0.49% |
0.53% |
0.41% |
0.25% |
0.72% |
1.06% |
0.97% |
0.77% |
Return on Equity (ROE) |
|
10.46% |
10.34% |
11.63% |
14.99% |
14.14% |
9.61% |
14.97% |
15.94% |
15.83% |
14.16% |
Cash Return on Invested Capital (CROIC) |
|
2.76% |
2.11% |
2.77% |
0.35% |
3.39% |
3.45% |
0.48% |
8.76% |
1.84% |
2.00% |
Operating Return on Assets (OROA) |
|
1.53% |
1.57% |
1.91% |
2.15% |
2.10% |
1.39% |
2.24% |
2.18% |
2.18% |
2.12% |
Return on Assets (ROA) |
|
1.00% |
1.03% |
1.21% |
1.70% |
1.67% |
1.12% |
1.80% |
1.77% |
1.72% |
1.67% |
Return on Common Equity (ROCE) |
|
10.46% |
10.34% |
11.63% |
14.99% |
14.14% |
9.61% |
14.97% |
15.94% |
15.83% |
14.16% |
Return on Equity Simple (ROE_SIMPLE) |
|
10.09% |
9.94% |
11.14% |
13.94% |
13.42% |
9.33% |
14.31% |
15.44% |
14.82% |
13.35% |
Net Operating Profit after Tax (NOPAT) |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
NOPAT Margin |
|
22.46% |
22.74% |
25.04% |
32.62% |
32.18% |
22.43% |
34.51% |
34.64% |
34.84% |
34.26% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
46.22% |
46.33% |
43.39% |
43.05% |
42.97% |
43.91% |
41.04% |
39.46% |
39.11% |
40.28% |
Operating Expenses to Revenue |
|
63.04% |
61.57% |
58.05% |
57.59% |
57.57% |
58.06% |
58.88% |
55.60% |
54.51% |
54.98% |
Earnings before Interest and Taxes (EBIT) |
|
101 |
108 |
136 |
160 |
170 |
124 |
208 |
237 |
270 |
275 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
114 |
120 |
148 |
173 |
181 |
142 |
233 |
262 |
291 |
296 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.17 |
1.76 |
1.83 |
1.60 |
1.84 |
1.68 |
1.87 |
2.23 |
2.19 |
2.39 |
Price to Tangible Book Value (P/TBV) |
|
1.31 |
1.94 |
2.00 |
1.79 |
2.22 |
2.00 |
2.19 |
2.66 |
2.55 |
2.72 |
Price to Revenue (P/Rev) |
|
2.60 |
4.02 |
4.11 |
3.75 |
4.41 |
4.04 |
4.52 |
5.01 |
5.16 |
6.15 |
Price to Earnings (P/E) |
|
11.57 |
17.70 |
16.40 |
11.51 |
13.69 |
18.02 |
13.10 |
14.47 |
14.81 |
17.94 |
Dividend Yield |
|
2.85% |
1.86% |
1.80% |
2.31% |
2.19% |
2.40% |
2.08% |
1.79% |
1.74% |
1.52% |
Earnings Yield |
|
8.65% |
5.65% |
6.10% |
8.69% |
7.30% |
5.55% |
7.63% |
6.91% |
6.75% |
5.57% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.00 |
0.06 |
0.01 |
0.19 |
0.18 |
0.00 |
0.55 |
0.24 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.00 |
0.13 |
0.01 |
0.46 |
0.48 |
0.00 |
1.37 |
0.66 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.30 |
0.03 |
1.45 |
0.99 |
0.00 |
2.88 |
1.40 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.33 |
0.03 |
1.66 |
1.11 |
0.00 |
3.10 |
1.50 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.41 |
0.04 |
2.06 |
1.38 |
0.00 |
3.94 |
1.91 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
0.37 |
0.04 |
1.33 |
1.13 |
0.00 |
3.59 |
1.58 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
17.11 |
0.17 |
5.60 |
40.57 |
0.00 |
31.81 |
12.79 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.05 |
0.05 |
0.04 |
0.03 |
0.03 |
0.03 |
0.07 |
0.07 |
0.06 |
0.05 |
Long-Term Debt to Equity |
|
0.05 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.07 |
0.07 |
0.06 |
0.05 |
Financial Leverage |
|
0.05 |
0.05 |
0.04 |
0.04 |
0.03 |
0.03 |
0.05 |
0.07 |
0.07 |
0.06 |
Leverage Ratio |
|
10.49 |
10.03 |
9.60 |
8.83 |
8.46 |
8.58 |
8.31 |
9.00 |
9.22 |
8.49 |
Compound Leverage Factor |
|
10.49 |
10.03 |
9.60 |
8.83 |
8.46 |
8.58 |
8.31 |
9.00 |
9.22 |
8.49 |
Debt to Total Capital |
|
4.72% |
4.37% |
4.06% |
3.06% |
2.70% |
2.55% |
6.84% |
6.46% |
5.87% |
5.05% |
Short-Term Debt to Total Capital |
|
0.07% |
0.07% |
0.11% |
0.18% |
0.11% |
0.10% |
0.00% |
0.02% |
0.22% |
0.00% |
Long-Term Debt to Total Capital |
|
4.65% |
4.30% |
3.95% |
2.88% |
2.60% |
2.45% |
6.84% |
6.43% |
5.65% |
5.05% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
95.28% |
95.63% |
95.94% |
96.94% |
97.30% |
97.45% |
93.16% |
93.54% |
94.13% |
94.95% |
Debt to EBITDA |
|
0.28 |
0.27 |
0.22 |
0.16 |
0.15 |
0.20 |
0.37 |
0.33 |
0.31 |
0.29 |
Net Debt to EBITDA |
|
-13.72 |
-15.10 |
-11.66 |
-8.07 |
-10.16 |
-11.20 |
-8.44 |
-11.77 |
-7.94 |
-11.72 |
Long-Term Debt to EBITDA |
|
0.28 |
0.27 |
0.22 |
0.16 |
0.15 |
0.19 |
0.37 |
0.33 |
0.30 |
0.29 |
Debt to NOPAT |
|
0.49 |
0.46 |
0.38 |
0.23 |
0.21 |
0.28 |
0.51 |
0.45 |
0.42 |
0.40 |
Net Debt to NOPAT |
|
-23.66 |
-25.73 |
-19.96 |
-11.09 |
-13.65 |
-15.96 |
-11.72 |
-15.98 |
-10.87 |
-16.03 |
Long-Term Debt to NOPAT |
|
0.48 |
0.45 |
0.37 |
0.21 |
0.20 |
0.27 |
0.51 |
0.45 |
0.41 |
0.40 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
18 |
15 |
22 |
3.03 |
33 |
37 |
5.70 |
114 |
26 |
32 |
Operating Cash Flow to CapEx |
|
693.94% |
835.63% |
609.48% |
269.96% |
587.56% |
233.05% |
748.35% |
1,143.65% |
1,035.57% |
712.65% |
Free Cash Flow to Firm to Interest Expense |
|
1.49 |
1.02 |
1.03 |
0.07 |
0.61 |
1.79 |
0.50 |
2.46 |
0.13 |
0.12 |
Operating Cash Flow to Interest Expense |
|
6.38 |
6.14 |
5.24 |
3.28 |
2.90 |
7.57 |
17.95 |
4.90 |
1.17 |
0.94 |
Operating Cash Flow Less CapEx to Interest Expense |
|
5.46 |
5.41 |
4.38 |
2.06 |
2.41 |
4.32 |
15.55 |
4.47 |
1.06 |
0.81 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
2.37 |
2.45 |
2.65 |
2.50 |
2.20 |
1.90 |
1.83 |
2.04 |
2.19 |
2.20 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
688 |
744 |
808 |
931 |
1,033 |
1,096 |
1,258 |
1,337 |
1,523 |
1,707 |
Invested Capital Turnover |
|
0.44 |
0.43 |
0.44 |
0.44 |
0.43 |
0.42 |
0.41 |
0.43 |
0.43 |
0.39 |
Increase / (Decrease) in Invested Capital |
|
48 |
56 |
65 |
123 |
102 |
63 |
162 |
79 |
186 |
184 |
Enterprise Value (EV) |
|
-800 |
-568 |
-308 |
52 |
5.67 |
205 |
231 |
-292 |
837 |
414 |
Market Capitalization |
|
765 |
1,251 |
1,417 |
1,448 |
1,847 |
1,794 |
2,196 |
2,794 |
3,146 |
3,882 |
Book Value per Share |
|
$42.03 |
$45.27 |
$24.34 |
$27.56 |
$30.77 |
$32.67 |
$35.97 |
$38.05 |
$43.56 |
$48.94 |
Tangible Book Value per Share |
|
$37.56 |
$40.98 |
$22.29 |
$24.63 |
$25.52 |
$27.51 |
$30.83 |
$31.91 |
$37.51 |
$43.04 |
Total Capital |
|
688 |
744 |
808 |
931 |
1,033 |
1,096 |
1,258 |
1,337 |
1,523 |
1,707 |
Total Debt |
|
32 |
32 |
33 |
28 |
28 |
28 |
86 |
86 |
89 |
86 |
Total Long-Term Debt |
|
32 |
32 |
32 |
27 |
27 |
27 |
86 |
86 |
86 |
86 |
Net Debt |
|
-1,566 |
-1,819 |
-1,726 |
-1,396 |
-1,841 |
-1,589 |
-1,965 |
-3,085 |
-2,309 |
-3,468 |
Capital Expenditures (CapEx) |
|
11 |
11 |
18 |
52 |
27 |
66 |
27 |
20 |
23 |
37 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
32 |
32 |
33 |
28 |
28 |
28 |
86 |
86 |
89 |
86 |
Total Depreciation and Amortization (D&A) |
|
13 |
13 |
12 |
13 |
12 |
18 |
24 |
25 |
21 |
21 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.13 |
$2.27 |
$2.72 |
$3.85 |
$4.13 |
$3.05 |
$5.12 |
$5.89 |
$6.45 |
$6.55 |
Adjusted Weighted Average Basic Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
Adjusted Diluted Earnings per Share |
|
$2.09 |
$2.22 |
$2.65 |
$3.76 |
$4.05 |
$3.00 |
$5.03 |
$5.77 |
$6.34 |
$6.44 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
Normalized NOPAT Margin |
|
22.46% |
22.74% |
25.04% |
32.62% |
32.18% |
22.43% |
34.51% |
34.64% |
34.84% |
34.26% |
Pre Tax Income Margin |
|
34.36% |
34.72% |
39.48% |
41.42% |
40.45% |
27.82% |
42.91% |
42.59% |
44.26% |
43.60% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
8.26 |
7.32 |
6.51 |
3.74 |
3.10 |
6.04 |
18.34 |
5.15 |
1.35 |
0.99 |
NOPAT to Interest Expense |
|
5.40 |
4.79 |
4.13 |
2.94 |
2.46 |
4.87 |
14.75 |
4.18 |
1.07 |
0.78 |
EBIT Less CapEx to Interest Expense |
|
7.34 |
6.59 |
5.65 |
2.53 |
2.60 |
2.79 |
15.94 |
4.72 |
1.24 |
0.86 |
NOPAT Less CapEx to Interest Expense |
|
4.48 |
4.06 |
3.27 |
1.73 |
1.97 |
1.62 |
12.35 |
3.76 |
0.95 |
0.65 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
32.42% |
32.22% |
28.67% |
24.06% |
29.51% |
42.65% |
26.93% |
25.10% |
25.25% |
26.70% |
Augmented Payout Ratio |
|
34.91% |
40.03% |
28.67% |
30.35% |
30.70% |
45.76% |
33.89% |
25.10% |
26.10% |
26.70% |
Quarterly Metrics And Ratios for BFC Capital Trust II PFD TR 7.20%
This table displays calculated financial ratios and metrics derived from BFC Capital Trust II PFD TR 7.20%'s official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
25.26% |
30.37% |
31.75% |
18.87% |
-1.01% |
-5.23% |
-3.81% |
-0.04% |
10.02% |
8.46% |
EBITDA Growth |
|
35.54% |
45.06% |
55.35% |
22.25% |
-4.81% |
-12.94% |
-12.88% |
-6.74% |
12.14% |
18.04% |
EBIT Growth |
|
41.55% |
55.75% |
70.09% |
26.64% |
-4.55% |
-13.88% |
-13.63% |
-6.86% |
13.30% |
19.19% |
NOPAT Growth |
|
42.84% |
49.67% |
60.19% |
23.05% |
-7.88% |
-14.34% |
-12.51% |
-7.94% |
15.52% |
15.41% |
Net Income Growth |
|
42.84% |
49.67% |
60.19% |
23.05% |
-7.88% |
-14.34% |
-12.51% |
-7.94% |
15.52% |
15.41% |
EPS Growth |
|
42.24% |
47.83% |
59.26% |
22.39% |
-7.88% |
-14.12% |
-12.79% |
-7.93% |
15.13% |
15.07% |
Operating Cash Flow Growth |
|
50.55% |
76.50% |
9.27% |
6.12% |
2.77% |
-8.97% |
-4.58% |
67.82% |
26.99% |
-59.94% |
Free Cash Flow Firm Growth |
|
104.67% |
81.96% |
-197.82% |
-686.45% |
-2,192.55% |
-514.47% |
129.97% |
-24.05% |
-25.60% |
7.07% |
Invested Capital Growth |
|
4.00% |
6.32% |
27.31% |
11.97% |
13.60% |
13.92% |
-2.21% |
12.03% |
14.69% |
12.08% |
Revenue Q/Q Growth |
|
16.08% |
5.48% |
-0.97% |
-1.96% |
-3.34% |
0.99% |
0.52% |
1.88% |
6.39% |
-0.45% |
EBITDA Q/Q Growth |
|
20.22% |
1.54% |
5.84% |
-5.38% |
-6.40% |
-7.13% |
5.92% |
1.28% |
12.55% |
-2.24% |
EBIT Q/Q Growth |
|
23.69% |
2.64% |
6.00% |
-5.89% |
-6.77% |
-7.39% |
6.30% |
1.49% |
13.41% |
-2.58% |
NOPAT Q/Q Growth |
|
23.81% |
3.20% |
0.71% |
-4.39% |
-7.31% |
-4.03% |
2.86% |
0.61% |
16.31% |
-4.12% |
Net Income Q/Q Growth |
|
23.81% |
3.20% |
0.71% |
-4.39% |
-7.31% |
-4.03% |
2.86% |
0.61% |
16.31% |
-4.12% |
EPS Q/Q Growth |
|
23.13% |
3.03% |
1.18% |
-4.65% |
-7.32% |
-3.95% |
2.74% |
0.67% |
15.89% |
-4.00% |
Operating Cash Flow Q/Q Growth |
|
5.72% |
-20.98% |
47.94% |
-14.14% |
2.39% |
-30.01% |
55.09% |
51.00% |
-22.52% |
-77.92% |
Free Cash Flow Firm Q/Q Growth |
|
147.54% |
-477.25% |
-1,179.71% |
65.73% |
-26.49% |
-10.78% |
162.41% |
-241.86% |
-28.08% |
18.04% |
Invested Capital Q/Q Growth |
|
0.62% |
4.00% |
19.69% |
-10.60% |
2.09% |
4.29% |
2.74% |
2.41% |
4.51% |
1.92% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
49.28% |
47.44% |
50.70% |
48.94% |
47.39% |
43.58% |
45.92% |
45.66% |
48.30% |
47.43% |
EBIT Margin |
|
45.47% |
44.25% |
47.36% |
45.46% |
43.85% |
40.21% |
42.52% |
42.36% |
45.15% |
44.19% |
Profit (Net Income) Margin |
|
36.83% |
36.04% |
36.65% |
35.74% |
34.28% |
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
Tax Burden Percent |
|
81.00% |
81.45% |
77.39% |
78.62% |
78.17% |
81.01% |
78.39% |
77.71% |
79.70% |
78.44% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
19.00% |
18.55% |
22.61% |
21.38% |
21.83% |
18.99% |
21.61% |
22.29% |
20.30% |
21.56% |
Return on Invested Capital (ROIC) |
|
15.20% |
15.48% |
15.27% |
16.36% |
15.43% |
13.89% |
12.72% |
13.10% |
14.20% |
13.55% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
15.20% |
15.48% |
15.27% |
16.36% |
15.43% |
13.89% |
12.72% |
13.10% |
14.20% |
13.55% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.17% |
1.10% |
2.33% |
1.18% |
1.09% |
0.91% |
1.76% |
0.83% |
0.87% |
0.78% |
Return on Equity (ROE) |
|
16.37% |
16.58% |
17.60% |
17.53% |
16.52% |
14.80% |
14.48% |
13.93% |
15.07% |
14.33% |
Cash Return on Invested Capital (CROIC) |
|
9.89% |
8.76% |
-9.00% |
5.32% |
3.33% |
1.84% |
15.20% |
1.90% |
-0.36% |
2.00% |
Operating Return on Assets (OROA) |
|
1.99% |
2.26% |
2.26% |
2.30% |
2.21% |
1.98% |
2.06% |
2.07% |
2.20% |
2.15% |
Return on Assets (ROA) |
|
1.61% |
1.84% |
1.75% |
1.80% |
1.72% |
1.60% |
1.61% |
1.61% |
1.75% |
1.69% |
Return on Common Equity (ROCE) |
|
16.37% |
16.58% |
17.60% |
17.53% |
16.52% |
14.80% |
14.48% |
13.93% |
15.07% |
14.33% |
Return on Equity Simple (ROE_SIMPLE) |
|
14.57% |
0.00% |
16.38% |
16.78% |
16.10% |
0.00% |
13.97% |
13.28% |
13.18% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
NOPAT Margin |
|
36.83% |
36.04% |
36.65% |
35.74% |
34.28% |
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
37.59% |
36.38% |
37.50% |
38.36% |
40.03% |
40.64% |
40.80% |
40.37% |
39.64% |
40.35% |
Operating Expenses to Revenue |
|
52.62% |
53.37% |
51.16% |
52.70% |
54.60% |
59.79% |
54.82% |
55.46% |
52.99% |
56.67% |
Earnings before Interest and Taxes (EBIT) |
|
68 |
70 |
74 |
70 |
65 |
60 |
64 |
65 |
74 |
72 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
74 |
75 |
80 |
75 |
70 |
65 |
69 |
70 |
79 |
77 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
2.37 |
2.23 |
2.04 |
2.21 |
2.05 |
2.19 |
1.96 |
1.91 |
2.19 |
2.39 |
Price to Tangible Book Value (P/TBV) |
|
2.86 |
2.66 |
2.41 |
2.60 |
2.40 |
2.55 |
2.27 |
2.20 |
2.50 |
2.72 |
Price to Revenue (P/Rev) |
|
5.45 |
5.01 |
4.48 |
4.79 |
4.54 |
5.16 |
4.78 |
4.79 |
5.62 |
6.15 |
Price to Earnings (P/E) |
|
16.30 |
14.47 |
12.43 |
13.19 |
12.71 |
14.81 |
14.05 |
14.40 |
16.64 |
17.94 |
Dividend Yield |
|
1.71% |
1.79% |
1.92% |
1.77% |
1.92% |
1.74% |
1.93% |
1.96% |
1.66% |
1.52% |
Earnings Yield |
|
6.14% |
6.91% |
8.05% |
7.58% |
7.87% |
6.75% |
7.12% |
6.94% |
6.01% |
5.57% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.08 |
0.45 |
0.38 |
0.55 |
0.29 |
0.31 |
0.34 |
0.24 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.20 |
1.04 |
0.89 |
1.37 |
0.75 |
0.81 |
0.93 |
0.66 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.42 |
2.12 |
1.83 |
2.88 |
1.61 |
1.78 |
2.02 |
1.40 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.45 |
2.28 |
1.97 |
3.10 |
1.74 |
1.92 |
2.18 |
1.50 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.56 |
2.87 |
2.49 |
3.94 |
2.21 |
2.44 |
2.75 |
1.91 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.52 |
2.74 |
2.32 |
3.59 |
1.97 |
1.81 |
2.00 |
1.58 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
8.95 |
12.02 |
31.81 |
1.88 |
17.01 |
0.00 |
12.79 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.08 |
0.07 |
0.22 |
0.07 |
0.07 |
0.06 |
0.07 |
0.06 |
0.06 |
0.05 |
Long-Term Debt to Equity |
|
0.07 |
0.07 |
0.07 |
0.06 |
0.06 |
0.06 |
0.06 |
0.06 |
0.05 |
0.05 |
Financial Leverage |
|
0.08 |
0.07 |
0.15 |
0.07 |
0.07 |
0.07 |
0.14 |
0.06 |
0.06 |
0.06 |
Leverage Ratio |
|
10.14 |
9.00 |
10.07 |
9.72 |
9.58 |
9.22 |
8.97 |
8.68 |
8.60 |
8.49 |
Compound Leverage Factor |
|
10.14 |
9.00 |
10.07 |
9.72 |
9.58 |
9.22 |
8.97 |
8.68 |
8.60 |
8.49 |
Debt to Total Capital |
|
7.05% |
6.46% |
18.09% |
6.29% |
6.17% |
5.87% |
6.12% |
5.64% |
5.41% |
5.05% |
Short-Term Debt to Total Capital |
|
0.36% |
0.02% |
12.71% |
0.27% |
0.27% |
0.22% |
0.62% |
0.27% |
0.26% |
0.00% |
Long-Term Debt to Total Capital |
|
6.69% |
6.43% |
5.38% |
6.02% |
5.89% |
5.65% |
5.50% |
5.37% |
5.14% |
5.05% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
92.95% |
93.54% |
81.91% |
93.71% |
93.83% |
94.13% |
93.88% |
94.36% |
94.59% |
94.95% |
Debt to EBITDA |
|
0.38 |
0.33 |
1.00 |
0.30 |
0.30 |
0.31 |
0.34 |
0.33 |
0.32 |
0.29 |
Net Debt to EBITDA |
|
-13.60 |
-11.77 |
-8.77 |
-7.64 |
-7.50 |
-7.94 |
-8.66 |
-8.72 |
-10.21 |
-11.72 |
Long-Term Debt to EBITDA |
|
0.36 |
0.33 |
0.30 |
0.28 |
0.29 |
0.30 |
0.31 |
0.31 |
0.30 |
0.29 |
Debt to NOPAT |
|
0.52 |
0.45 |
1.35 |
0.40 |
0.41 |
0.42 |
0.47 |
0.45 |
0.43 |
0.40 |
Net Debt to NOPAT |
|
-18.64 |
-15.98 |
-11.87 |
-10.33 |
-10.21 |
-10.87 |
-11.84 |
-11.97 |
-13.90 |
-16.03 |
Long-Term Debt to NOPAT |
|
0.49 |
0.45 |
0.40 |
0.38 |
0.39 |
0.41 |
0.42 |
0.43 |
0.41 |
0.40 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
5.92 |
-22 |
-286 |
-98 |
-124 |
-137 |
86 |
-121 |
-156 |
-128 |
Operating Cash Flow to CapEx |
|
1,837.21% |
1,003.85% |
872.95% |
1,180.77% |
1,305.86% |
889.25% |
647.00% |
1,663.09% |
1,482.20% |
113.13% |
Free Cash Flow to Firm to Interest Expense |
|
0.45 |
-0.88 |
-7.88 |
-2.18 |
-2.22 |
-2.20 |
1.31 |
-1.77 |
-2.14 |
-1.81 |
Operating Cash Flow to Interest Expense |
|
4.55 |
1.85 |
1.92 |
1.33 |
1.09 |
0.69 |
1.01 |
1.46 |
1.07 |
0.24 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.30 |
1.66 |
1.70 |
1.22 |
1.01 |
0.61 |
0.86 |
1.37 |
1.00 |
0.03 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
1.91 |
2.04 |
2.11 |
2.22 |
2.22 |
2.19 |
2.14 |
2.14 |
2.19 |
2.20 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,286 |
1,337 |
1,600 |
1,431 |
1,461 |
1,523 |
1,565 |
1,603 |
1,675 |
1,707 |
Invested Capital Turnover |
|
0.41 |
0.43 |
0.42 |
0.46 |
0.45 |
0.43 |
0.38 |
0.40 |
0.39 |
0.39 |
Increase / (Decrease) in Invested Capital |
|
49 |
79 |
343 |
153 |
175 |
186 |
-35 |
172 |
215 |
184 |
Enterprise Value (EV) |
|
-409 |
-292 |
121 |
645 |
550 |
837 |
453 |
489 |
574 |
414 |
Market Capitalization |
|
2,838 |
2,794 |
2,669 |
2,969 |
2,804 |
3,146 |
2,884 |
2,893 |
3,476 |
3,882 |
Book Value per Share |
|
$36.45 |
$38.05 |
$39.86 |
$40.75 |
$41.61 |
$43.56 |
$44.54 |
$45.85 |
$47.99 |
$48.94 |
Tangible Book Value per Share |
|
$30.26 |
$31.91 |
$33.74 |
$34.67 |
$35.54 |
$37.51 |
$38.53 |
$39.87 |
$42.04 |
$43.04 |
Total Capital |
|
1,286 |
1,337 |
1,600 |
1,431 |
1,461 |
1,523 |
1,565 |
1,603 |
1,675 |
1,707 |
Total Debt |
|
91 |
86 |
290 |
90 |
90 |
89 |
96 |
90 |
91 |
86 |
Total Long-Term Debt |
|
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
Net Debt |
|
-3,247 |
-3,085 |
-2,548 |
-2,324 |
-2,254 |
-2,309 |
-2,430 |
-2,404 |
-2,902 |
-3,468 |
Capital Expenditures (CapEx) |
|
3.24 |
4.68 |
7.96 |
5.05 |
4.68 |
4.81 |
10 |
6.02 |
5.24 |
15 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
91 |
86 |
290 |
90 |
90 |
89 |
96 |
90 |
91 |
86 |
Total Depreciation and Amortization (D&A) |
|
5.72 |
5.06 |
5.25 |
5.35 |
5.26 |
5.06 |
5.14 |
5.07 |
5.15 |
5.28 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.69 |
$1.74 |
$1.75 |
$1.67 |
$1.55 |
$1.48 |
$1.53 |
$1.53 |
$1.78 |
$1.71 |
Adjusted Weighted Average Basic Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Adjusted Diluted Earnings per Share |
|
$1.65 |
$1.70 |
$1.72 |
$1.64 |
$1.52 |
$1.46 |
$1.50 |
$1.51 |
$1.75 |
$1.68 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
32.87M |
32.89M |
32.90M |
32.94M |
32.92M |
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
55 |
57 |
58 |
55 |
51 |
49 |
50 |
51 |
59 |
56 |
Normalized NOPAT Margin |
|
36.83% |
36.04% |
36.65% |
35.74% |
34.28% |
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
Pre Tax Income Margin |
|
45.47% |
44.25% |
47.36% |
45.46% |
43.85% |
40.21% |
42.52% |
42.36% |
45.15% |
44.19% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.23 |
2.76 |
2.05 |
1.56 |
1.17 |
0.97 |
0.98 |
0.95 |
1.02 |
1.02 |
NOPAT to Interest Expense |
|
4.24 |
2.25 |
1.59 |
1.23 |
0.91 |
0.78 |
0.77 |
0.74 |
0.81 |
0.80 |
EBIT Less CapEx to Interest Expense |
|
4.98 |
2.57 |
1.83 |
1.45 |
1.08 |
0.89 |
0.82 |
0.86 |
0.94 |
0.81 |
NOPAT Less CapEx to Interest Expense |
|
3.99 |
2.06 |
1.37 |
1.11 |
0.83 |
0.71 |
0.61 |
0.65 |
0.74 |
0.59 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
27.02% |
25.10% |
23.23% |
22.78% |
23.85% |
25.25% |
26.63% |
27.71% |
27.15% |
26.70% |
Augmented Payout Ratio |
|
27.01% |
25.10% |
23.23% |
22.78% |
24.68% |
26.10% |
26.63% |
27.71% |
27.15% |
26.70% |
Key Financial Trends
BFC Capital Trust II PFD TR 7.20% (NASDAQ: BANFP) Financial Performance Highlights (Q4 2024 to Q1 2023):
- Consistent growth in total revenue over recent quarters: Q4 2024 revenue was $162.94 million, up from $151.00 million in Q1 2024 and $150.22 million in Q4 2023.
- Net interest income remains strong, with Q4 2024 net interest income at $115.92 million, slightly higher than Q3 2024 ($114.96 million) and well above 2022 levels (~$110 million per quarter).
- Improving net income trend, with Q4 2024 net income at $56.48 million, up from $50.33 million in Q1 2024 and $49.33 million in Q4 2023, indicating steady profitability.
- Basic earnings per share grew to $1.71 in Q4 2024 from $1.53 in Q2 and Q1 2024, reflecting improved shareholder returns.
- Strong cash flow from operations in recent quarters, $17.13 million in Q4 2024 and $77.59 million in Q3 2024, supporting financial flexibility.
- Increase in total assets from approximately $12.3 billion in Q1 2023 to roughly $13.3 billion by Q3 2024, suggesting balance sheet growth and expanded lending/investment activity.
- Total deposits have grown, as indicated by increasing interest-bearing deposits from $6.07 billion in Q1 2023 to over $7.6 billion in Q3 2024.
- Provision for credit losses fluctuated but was negative (-$1.4 million) in Q4 2024, implying credit improvements or recoveries, while previous quarters showed positive provisions around $3 million.
- Stable interest rates paid on long-term debt (~$1.03 million per quarter), indicating controlled debt costs.
- Payment of dividends steadily around $14-15 million per quarter, showcasing management’s confidence in cash generation and shareholder returns.
Summary:
BANF shows a positive trend with rising revenues and net income over the past four quarters, supported by strong net interest income and growth in deposits and assets. The company demonstrated solid operating cash flows and maintained consistent dividend payments, appealing to income-focused investors. Meanwhile, the slight variance in credit loss provisions and stable debt expense suggest manageable credit and financing risks. Overall, BANF’s recent financials reflect steady growth and financial health, favoring long-term investment potential.
08/02/25 10:07 AMAI Generated. May Contain Errors.