| 4141 Ticker: BUSE
Non-GAAP Financial Information
Tangible Book Value Per Common Share
(dollars in thousands, except per share amounts)
As of
March 31, December 31, September 30, June 30, March 31,
2022 2021 2021 2021 2021
Total stockholders’ equity $ 1,218,025 $ 1,319,112 $ 1,333,076 $ 1,345,691 $ 1,265,822
Goodwill and other intangible assets, net (372,913) (375,924) (378,891) (381,795) (361,120)
Tangible book value [a] $ 845,112 $ 943,188 $ 954,185 $ 963,896 $ 904,702
Ending number of common shares outstanding [b] 55,278,785 55,434,910 55,826,984 56,330,616 54,345,379
Tangible book value per common share [a÷b] $ 15.29 $ 17.01 $ 17.09 $ 17.11 $ 16.65
Tangible Common Equity and Tangible Common Equity to Tangible Assets
(dollars in thousands)
As of
March 31, December 31, September 30, June 30, March 31,
2022 2021 2021 2021 2021
Total assets $ 12,567,509 $ 12,859,689 $ 12,899,330 $ 12,415,449 $ 10,759,563
Non-GAAP adjustments:
Goodwill and other intangible assets, net (372,913) (375,924) (378,891) (381,795) (361,120)
Tax effect of other intangible assets 1 10,456 16,254 17,115 17,997 13,883
Tangible assets [a] $ 12,205,052 $ 12,500,019 $ 12,537,554 $ 12,051,651 $ 10,412,326
Total stockholders’ equity $ 1,218,025 $ 1,319,112 $ 1,333,076 $ 1,345,691 $ 1,265,822
Non-GAAP adjustments:
Goodwill and other intangible assets, net (372,913) (375,924) (378,891) (381,795) (361,120)
Tax effect of other intangible assets 1 10,456 16,254 17,115 17,997 13,883
Tangible common equity [b] $ 855,568 $ 959,442 $ 971,300 $ 981,893 $ 918,585
Tangible common equity to tangible assets 2 [b÷a] 7.01 % 7.68 % 7.75 % 8.15 % 8.82 %
1 Net of estimated deferred tax liability.
2 Tax-effected measure. |