Sentences with phrase «per year of income»

Most banks, on average, want to see at least $ 25,000 per year of income.

Not exact matches

Aetna's net income was $ 1.21 billion, or $ 3.67 per share, in the first quarter ended March 31, compared with a loss of $ 381 million, or $ 1.11 per share, a year earlier that was related to costs for its failed deal to buy Humana.

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.

If you manage to save 35 % of your combined gross income of $ 120,000 per year, you can accumulate $ 420,000 in today's dollars, even assuming your investments merely keep pace with inflation.

The details are disturbing, as Harkov wrote: «Terrorists who have been sentenced to three to five years in Israeli prisons receive the average income of a Palestinian, about $ 580 per month.

But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.

NEW YORK --(BUSINESS WIRE)-- The Travelers Companies, Inc. today reported net income of $ 669 million, or $ 2.42 per diluted share, for the quarter ended March 31, 2018, compared to $ 617 million, or $ 2.17 per diluted share, in the prior year quarter.

Earlier this year, the household debt - to - income ratio hit another record of 167.8 per cent.

Telus (TSX: T) reported Thursday that net profits in the final three months of 2015 dropped 16.3 per cent to $ 261 million from $ 312 million a year earlier, although adjusted net income slipped just 1.2 per cent to $ 324 million from $ 328 million.

At the top end, the 0.75 % of individuals who made more than $ 250,000 per year had 11 % of total income and paid 21 % of the total tax.

Almost half (46 %) of all filers made less than $ 25,000 per year representing 13 % of total income but they only paid 2.2 % of the total tax.

The company said Friday it earned net income of $ 15 million or six cents per share in the last three months of 2017, compared with $ 840 million or $ 3.43 per share in the year - earlier period, with the latter figures boosted by asset sales.

BMO's U.S. personal and commercial banking division reported net income of $ 310 million, up 24 per cent from a year earlier.

For tax year 2017, it's either 2.5 % of your total household income, or $ 695 per uninsured adult and $ 347.50 per uninsured child (up to a maximum of $ 2,085)-- whichever figure is higher.

In Ontario, mortgage payments account for roughly 60 per cent of income, according to BMO; if the trend continues another 24 months, that figure will hit 1989 levels — the same year the market crashed.

It pays out up to $ 6,480 per person a year, which, for a typical Canadian couple can account for up to a quarter of total retirement income.

The so - called Buffett Rule is pretty simple: any household in the U.S. making more than $ 1 million per year must pay at least 30 % of their income in taxes.

Since the leveraged buyout, SRC's sales have grown 40 % per year and are expected to reach $ 42 million in fiscal 1986; net operating income has risen to 11 %; the debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised value of a share in the company's employee stock ownership plan has increased from 10?

But its retail and business banking segment reported net income of $ 546 million for the second quarter, down $ 26 million or five per cent year over year.

Using the average American household income of $ 54,000 as a guideline, your 15 percent money mansion contribution becomes roughly $ 5,100 per year after taxes.

CIBC's wealth management business reported net income of $ 117 million for the second quarter, up $ 26 million or 29 per cent from the same period a year ago.

Excluding such items, CIBC's adjusted net income was $ 887 million, or $ 2.17 cents per share, up three per cent year over year and ahead of analysts» expectations of $ 2.07 per share.

«From 1980 to 2007, in that period, revenues from the top 1 per cent of income earners went from 1.6 per cent of GDP, to 3.1 per cent of GDP, a huge surge of revenues from the highest income earners,» he said, crediting tax cuts with generating that wealth during those years.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

In the latest quarter, CIBC's U.S. commercial banking and wealth management division reported net income of $ 134 million in the latest quarter, up $ 105 million from the same period in 2017, contributing to a more than 22 per cent increase in adjusted net income year - over-year despite slowing mortgage growth.

In nine years of full independence, the gross national product has nearly tripled — raising the average per capita income to a level exceeded in Asia only by that of Japan.

For the full year, net income was $ 131 million, or 45 cents per diluted share, on revenues of $ 12.1 billion.

The lender's Canadian personal and small banking arm reported net income of $ 656 million for the period, down $ 149 million or 19 per cent compared with a year ago.

Additionally, these unique, fully - insured plans can create guaranteed lifetime income streams of well over $ 100,000 per year.

Net income attributable to Valeant was $ 628 million, or $ 1.79 per share, in the first quarter ended March 31, compared with a loss of $ 374 million, or $ 1.08 per share, a year ago.

The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.

The company reported net income of $ 2.04 billion, or $ 1.09 per share, compared with $ 5.59 billion, or $ 2.95 per share, in the year - ago period.

HSBC Canada reported a fall in profits, before income tax expenses, of $ 206 million for the fourth quarter, down 18 per cent from a year earlier.

These include spending over half household income on housing, sleeping two or more people per bedroom (excluding couples and same - gender children), being behind on the rent in the past year and / or living in a building that suffers from any two of: frequent elevator breakdowns, pests or broken entrance locks.

For fiscal 2017 as a whole, each of the five biggest Canadian lenders reported record annual profits for a collective total of $ 40.3 billion in net income, up nearly 13 per cent from a year earlier.

The bank posted net income of $ 5.6 billion, or $ 1.36 per share, in the three months ended Sept. 30, compared with a loss of $ 380 million in the year - earlier quarter, the document showed.

UPS posted first - quarter net income of $ 1.35 billion or $ 1.55 per share, up from $ 1.17 billion or $ 1.33 per share a year earlier, a 17 percent rise on a per share basis.

The ACCA allows manufacturing companies to depreciate, for tax purposes, the value of newly purchased equipment and machinery at the accelerated rate of 50 per cent per year, reducing their taxable income in the first few years of owning the asset.

After generating net income of $ 58.3 million in 2009, its guidance calls for higher margins this year, with earnings per share upward of $ 1.

The average American spends almost $ 800 per year on lottery tickets and people who make $ 20,000 or less spend an average of 10 % of their income on the lottery.

NEW YORK --(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported income of $ 2.2 billion, or $ 1.14 per diluted share, 1 from continuing operations applicable to Morgan Stanley for the third quarter ended September 30, 2011 compared with income of $ 314 million, or $ 0.05 per diluted share, for the same period a year ago.

The Rockefeller Institute of Government, which released a new state revenue report on Monday, said that «The Tax Cuts and Jobs Act (TCJA), enacted in late December 2017, created strong incentives for some high - income taxpayers to act fast and prepay their state and local income and property taxes to take advantage of the expiring tax breaks, namely the state and local tax (SALT) deduction, which is capped at $ 10,000 per year as of January 1, 2018.»

So now it's 2015, I'm 4 months from graduating college, I'm making 70k as a project manager (been working here for 2 months), putting 10 % of my income into my 401k (currently valued at 10k, & 50 % is matched by my employer, i'm at their max for matching), living at home with my parents, I have 3k in CD's, $ 26k in savings, and have no debt whatsoever (paying $ 8k per year for school in cash, so no student loans).

I am 41, with passive income in the range of $ 60K per year, and still running with a day job.

Include how much retirement income you'd want per withdrawal, the rate of return you think your money will grow at when you start collecting retirement, how long you expect to live off your retirement fund and how many times you'd like to make a withdrawal per year.

In April, the company said it expected fiscal year per - share income of $ 5.25 and $ 5.35.

For the year, the company reported net income of $ 817 million, or $ 1.63 per share, swinging to a profit in the period.

In fact, Hulshof is an attorney and makes roughly $ 90,000 per year, which requires him to make a payment of $ 575 per month towards his student loans on an income - based repayment plan.

Despite a one - time, $ 425 - million charge tied to tax reform in the U.S., BMO reported $ 973 million in net income for the quarter ended Jan. 31 of this year, with revenue growth of about 5 per cent compared with the year before.