Tangible book value per share was $23.99 at June 30, 2023, compared to $24.02 at March 31, 2023 and $23.91 at June 30, 2022. The decrease in tangible book value per share during the current quarter was primarily due to a $3.26 million decrease in accumulated other comprehensive income related primarily to an increase in the unrealized loss on available for sale securities. Excluding AOCI, tangible book value per share was $36.11 at June 30, 2023, an increase of $1.11 and $3.70 compared to March 31, 2023 and June 30, 2022, respectively.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>