Sentences with phrase «prior year income»

«The Commission could consider leaving the current income and net worth thresholds in the accredited investor definition in place, but limiting investments for individuals who qualify as accredited investors solely based on those thresholds to a percentage of their income or net worth (e.g., 10 % of prior year income or 10 % of net worth, as applicable, per issuer, in any 12 - month period).»

Not exact matches

REBIT margin, which corresponds to recurring operating income as a percentage of sales, rose to 12.8 % in first - quarter 2018 compared to 11.3 % in the corresponding prior - year period.
In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.
Core income in the current quarter was $ 678 million, or $ 2.46 per diluted share, compared to $ 614 million, or $ 2.16 per diluted share, in the prior year quarter.
Net income of $ 669 million after - tax increased $ 52 million due to higher core income, partially offset by net realized investment losses as compared to net realized investment gains in the prior year quarter.
The decrease in income tax expense was primarily driven by the lower U.S. corporate income tax rate, partially offset by the inclusion in the prior year quarter of a $ 15 million benefit from the resolution of prior year tax matters.
First quarter net income of $ 669 million and core income of $ 678 million, up 8 % and 10 %, respectively, from the prior year quarter, which includes $ 354 million pre-tax ($ 280 million after - tax) of catastrophe losses.
The increase in income tax expense was primarily driven by the inclusion in the prior year quarter of a $ 17 million benefit from the resolution of prior year tax matters and the increase in segment income before income taxes, mostly offset by the lower U.S. corporate income tax rate.
Core income before income taxes increased due to higher net favorable prior year reserve development as well as a strong underlying underwriting gain.
The increase in income tax expense was primarily driven by the increase in segment income before income taxes and the inclusion in the prior year quarter of a $ 7 million benefit from the resolution of prior year tax matters, partially offset by the lower U.S. corporate income tax rate.
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.
Net investment income of $ 603 million pre-tax decreased slightly from the prior year quarter.
Private equity returns remained strong but were lower than the prior year quarter, while income from our fixed income investment portfolio increased due to a higher average level of fixed maturity investments and higher short - term interest rates.
The IRS also says its rules are backward looking, so you could be subject to penalties for improper tax treatment of Bitcoin income in prior years.
Net income in the quarter was $ 1.3 billion, down 6 percent versus the prior year.
The company considers same - property NOI as an important operating performance measure because it is frequently used by securities analysts and investors to measure only the net operating income of properties that have been owned by the company for the entire current and prior year reporting periods.
The report is based on personal income tax trends and includes cash bonuses for the current year and those deferred from prior years that were cashed in.
«In 2016, we grew revenue by 34 %, loans outstanding by 30 %, and operating income by more than 400 % over the prior year.
You can avoid the slaps on the wrist if you had at least as much income tax withheld this year as last (unless you make more than $ 150,000, in which case you have to hold back at least 110 percent of the prior year's withholding).
«If you just look at the year prior to the states adopting withholding, on average, income tax revenues were 15 percent of all tax revenues,» Bagchi explained.
But because I have no income (yet) nor prior years» business tax returns, they would not approve it through their commercial loan dept and instead sent it through their consumer loan dept, where it was immediately approved.
After the bill's passage, personal income increased by about 7.5 percent a year, compared to about 5.2 percent a year prior to passage.
Building on prior years» tax reform efforts, including rate reductions implemented this year, the North Carolina legislature adopted further reductions to both individual and corporate income tax rates, to take effect next year.
This means the 10 % of income going towards student loans for 10 - 20 years after school will massively reduce discretionary spending for 20 - 40 year olds compared to prior generations.
You may treat as ordinary loss any excess of the adjusted basis of the stock over its fair market value at the end of the year, but only to the extent of the net amount previously included in income as a result of the election in prior years.
Non-GAAP net income was $ 16.7 million or $ 0.19 per fully diluted common share, compared to the prior year of $ 14.4 million or $ 0.17 per fully diluted common share.
Net income was $ 11.3 million, compared to the prior year of $ 10.8 million.
Net income in Asset Management was $ 302 million, a decrease of $ 205 million, or 40 %, from the prior year.
TORONTO, December 2, 2015 - Royal Bank of Canada (RY on TSX and NYSE) today reported record net income of $ 10,026 million for the year ended October 31, 2015, up $ 1,022 million or 11 % from the prior year.
POP Performance shown for the periods prior to the inception of Class A shares on July 7, 2014 reflects the historical performance of the fund's Class N shares adjusted to reflect the higher expenses of Class A shares, estimated for their first year of operations, including applicable 12b - 1 fees and the maximum sales load of Class A (5.25 % for Equity Funds and 3.75 % for Fixed Income Funds).
Last year, Kotick ended up getting about $ 22 million in performance - based cash and stock awards, about the same as the prior year, even as net income dropped 17 percent.
Canada reported a loss from continuing operations before income taxes of $ 460.9 million, compared to income of $ 48.5 million in the prior year, primarily driven by non-cash brand impairment charges of $ 495.2 million.
Royal Bank of Canada (RY on TSX and NYSE) today reported record net income of $ 11,469 million for the year ended October 31, 2017, up $ 1,011 million or 10 % from the prior year.
2016.02.24 Royal Bank of Canada reports first quarter 2016 results Royal Bank of Canada (RY on TSX and NYSE) today reported net income of $ 2,447 million for the first quarter ended January 31, 2016, flat from the prior year.
Prior to joining CSIM, Ms. Chandoha spent three years as the global head of the fixed - income business at BlackRock (formerly Barclays Global Investors).
Royal Bank of Canada (RY on TSX and NYSE) today reported record net income of $ 2,502 million for the second quarter ended April 30, 2015, up $ 301 million or 14 % from the prior year...
Dividend income has risen to $ 24,912 a year from $ 21,360 the year prior.
While not referenced in the Budget document this is in direct reference to the prior Conservative government's introduction of the Family Tax Credit, which allowed couples to income split and save up to $ 2,000 in taxes each year.
Excluding an after - tax gain of $ 235 million from the sale of our home and auto insurance manufacturing business in the prior year, net income was up $ 136 million or 5 % -LRB--RRB-.
A significant loss in the years just prior to and / or just after you retire could negatively impact the level of income you receive over the course of your life.
Inconsistencies in your employment and / or income type may prompt additional questions — especially if your income is lower in the current year than it was in the year prior.
A 50 - year - old earning $ 75,000 per year with no prior retirement savings, for example, could potentially generate monthly income of $ 1,462 by maxing out their 401 (k) annually until their full retirement age of 67.
You would be able to carry the loss back to a prior year's income, if there was taxable income within the past three years (taxes paid in that period would be refunded immediately) or the losses could be used against future income to decrease the taxes payable in those future years.
Prior to co-founding Hudson Cove in 2009, Mr. Wang spent two years in Merrill Lynch's Structured Finance Group, six years at Goldman Sachs» Fixed Income and Investment Management Divisions and two years at Deutsche Bank / Bankers Trust.
For someone within the year of full retirement they look at the income from the begining of the yeat (jan 1, 2012) to the last day of the month prior to the month of your birthday.
Social Security: We estimate your Social Security income, using your stated annual income and assuming you have worked and paid Social Security taxes for 35 years prior to retirement.
In fiscal Q2, the company's operating income grew to 16.8 % of sales from 8 % the year prior, but even with that tailwind, Abiomed's expected EPS of $ 1.04 next fiscal year (up from $ 0.69 this fiscal year) means its forward P / E remains a staggering 80.
The rules define an «Accredited Investor» as anyone who earned income that exceeded $ 200,000 (or $ 300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, or has a net worth over $ 1 million, either alone or together with a spouse (excluding the value of the person's primary residence).
Full - year 2016 net income of $ 14.9 billion on revenue of $ 69.9 billion marked 13 percent and 8.5 percent declines from the prior year, respectively.
Prior to joining Leith Wheeler, Tamsin worked in global markets for five years in both institutional fixed income sales and credit trading roles at Bank of New Zealand, a wholly owned subsidiary of National Australia Bank.
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