Radian Announces First Quarter 2021 Financial Results | 0 Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2021, of $125.6 million, or $0.64 per diluted share. This compares with net income for the quarter ended March 31, 2020, of $140.5 million, or $0.70 per diluted share.
Key Financial Highlights $0.64
(2)(3)
(2)(3) $20,161
(5) $45.9
(11) $238,921
(12)
(1)
Net income for the first quarter of 2021 includes a pretax net loss on investments and other financial instruments of $5.2 million, compared to a net gain on investments and other financial instruments of $17.4 million in the fourth quarter of 2020 and a net loss on investments and other financial instruments for the first quarter of 2020 of $22.0 million.
Monitoring and verification would be increased under the agreement maliweb.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maliweb.net Daily Mail and Mail on Sunday newspapers.
By Roman Chuyan, CFA
I show (again) that the stock market valuation is at its highest in at least 150 years.
However, reason doesn’t apply in a bubble; instead, crowd mentality is in charge.
What might trigger a turn in the market? I think inflation and rising rates are inevitable.
Stocks have continued to rise in April, taking the market to an even more-extreme valuation. While the S&P 500 reached an all-time high, corporate earnings haven’t rebounded from their early-2020 plunge, and in fact continued to decline through Q4-2020 (the latest final EPS available). These trends have brought valuation ratios to an extreme. In its 150-year history, Shiller’s cyclically adjusted P/E ratio, at 37, has been higher only in 1999-2000:
Press release content from Accesswire. The AP news staff was not involved in its creation.
Commencement Bancorp, Inc. (CBWA) Announces First Quarter 2021 Results
May 3, 2021 GMT
2021 First Quarter Financial Highlights:
Total assets increased $183.7 million, or 46%, to $579.1 million at March 31, 2021 from $395.4 million for the period ending March 31, 2020.
Net income of $1.6 million, or $0.38 per share, was earned for the quarter ending March 31, 2021 versus $947 thousand, or $0.23 per share, in first quarter 2020.
Total loans increased $110.6 million, or 36%, compared to one year prior.
Total deposits increased by $179.7 million, or 53%, from first quarter 2020.
Tangible book value per share increased to $12.30 for the quarter from $11.34 one year earlier.
Commencement Bancorp, Inc (CBWA) Announces First Quarter 2021 Results tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.