Sentences with phrase «above tangible book value»

Not exact matches

Offering bank investors a view of the company stock, Dimon contended that it still made financial sense for JPMorgan to buy back shares «even at or above two times tangible book value» per share, which was $ 53.56 at year - end.

In the reinsurance industry, it is understood that buybacks above 1.3 x tangible book destroys value.

If you run the same numbers as above, but at $ 45 per share, buybacks would be accretive to earnings and approximately break even to tangible book value — still attractive but far less so.

The tables above show our earnings per share and tangible book value per share over the last six years.