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MMA Capital Holdings, LLC (MMAC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
        Interest income on investments  2.29.412.89.911.513.618.00.3
    Total interest income  2.03.69.49.23.52.71.137.9
    Total interest expense  0.40.62.66.67.010.016.924.3
Net interest income  1.88.710.28.012.913.916.013.7
Net interest income after provision for loan losses  1.88.710.28.012.913.916.013.7
        Gain on sale of investments, net     0.9  12.21.5
        Other non-interest income  39.848.837.1-4.511.913.815.026.5
Total non-interest income  39.848.837.1-3.611.913.827.228.1
Equity in earnings  43.521.97.7 -8.4-21.4-26.0-26.9
Pre-tax income before non-recurring items  19.040.526.1-20.119.9-4.6-123.271.8
Non-recurring items  11.9     -23.9 
Asset impairment    0.426.025.031.7  
Pre-tax income  7.140.525.7-46.1-5.1-36.3-99.471.8
Income taxes  -1.2-60.50.01.3-0.7-0.3-0.21.3
            Tax rate    0.1% 13.3%0.7%0.2%1.8%
Minority interest     -45.3-46.6-55.0-100.4-28.0
Earnings from continuing ops  8.4202.025.60.640.818.40.8101.1
Earnings from discontinued ops   0.035.418.81.50.318.026.8
Net income  8.4202.061.019.442.418.718.8127.8
            Net margin  20.1%351.0%127.8%214.7%171.2%67.6%43.6%306.4%
   
Basic EPS  $1.44$34.37$4.46$0.09$6.53$2.67$0.10$12.00
Diluted EPS  $1.44$34.37$4.25$0.09$6.16$2.67$0.10$11.59
   
Shares outstanding (basic)  5.85.95.85.96.36.97.68.4
Shares outstanding (diluted)  5.85.96.05.96.66.97.68.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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