Stewart Information Services Corporation Financial Ratios — SIU

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	0.53	21.43	10.3	4.41	-0.94	8.73	7.41	7.06	11.07	17.68	28.26	12.28	2.23	5.29	7.59
Return on Assets (%)	0.2	8.92	4.82	2.19	-0.46	4.17	3.54	3.42	5.3	8.67	13.49	5.85	1.12	2.7	3.86
Return on Capital (%)	-0.27	- -	8.25	3.21	-2.06	6.01	5.17	4.97	7.96	12.86	19.64	8.08	1.53	3.75	5.32
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	1.1	4.68	5.24	2.77	0.48	4.39	3.84	3.8	6.03	9.55	13.13	7.58	2.7	4.59	5.67
Profit Margin (%)	0.14	5.72	3.27	1.59	-0.31	2.76	2.49	2.49	4.05	6.77	9.78	5.29	1.35	2.94	3.95
Net Income to Common Margin (%)	0.14	5.72	3.27	1.59	-0.31	2.76	2.49	2.49	4.05	6.77	9.78	5.29	1.35	2.94	3.95
Effective Tax Rate (%)	51.84	- -	28.18	26.06	58.29	22.27	19.88	18.62	22.82	22.35	21.66	21.86	25.08	22.88	21.39
Dvd Payout Ratio (%)	6.11	1.42	2.63	4.98	126.03	34.22	39.28	40.08	27.81	16.39	10.27	22.19	83.16	52.34	40.39
Sustainable Growth Rate (%)	0.5	21.12	10.03	4.19	0.24	5.75	4.5	4.23	7.99	14.78	25.36	9.55	0.38	2.52	4.53

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	88	71	33	71	102	107	109	108	224	221	633	595	581	565	769
ST Debt	12	- -	- -	- -	- -	- -	99	99	99	99	- -	- -	- -	- -	200
LT Debt	76	71	33	71	102	107	10	9	126	122	633	595	581	565	569
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	5	5	3	3	2	3	3	4	4	3	5	18	20	20	20
Common Equity/Total Assets	38.94	44.05	49.42	49.78	47.62	47.79	47.81	49.06	46.92	50.8	45.57	49.75	50.74	51.36	50.45
Long-Term Debt/Equity (%)	16.45	12.26	4.97	10.16	16.07	16.46	1.54	1.35	16.66	12.05	48.88	43.42	42.14	40.02	34.46
Long-Term Debt/Capital (%)	13.83	10.92	4.73	9.22	13.85	14.13	1.32	1.16	12.84	9.89	32.83	30.28	29.65	28.58	23.51
Long-Term Debt/Total Assets (%)	6.59	5.51	2.48	5.11	7.75	7.96	0.74	0.67	7.89	6.17	22.5	21.73	21.49	20.68	17.49
Total Debt/Equity (%)	18.98	12.26	4.97	10.16	16.07	16.46	16.1	15.89	29.78	21.82	48.88	43.42	42.14	40.02	46.58
Total Debt/Capital (%)	15.95	10.92	4.73	9.22	13.85	14.13	13.87	13.71	22.95	17.91	32.83	30.28	29.65	28.58	31.78
Total Debt/Total Assets (%)	7.61	5.51	2.48	5.11	7.75	7.96	7.78	7.87	14.09	11.16	22.5	21.73	21.49	20.68	23.63
Net Debt to Equity	-11.41	-23.67	-24.33	-18.47	-12.03	-12.17	-6.01	-12.36	-29.18	-32.69	-0.26	14.5	15.37	16.27	19.68
Net Debt/Capital (%)	-12.88	-31.01	-32.16	-22.66	-13.68	-13.86	-6.39	-14.1	-33.97	-41.33	-0.24	11.57	12.28	13.05	15.49
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	38.94	44.05	49.42	49.78	47.62	47.79	47.81	49.06	46.92	50.8	45.57	49.75	50.74	51.36	50.45
Long-Term Debt/Equity (%)	16.45	12.26	4.97	10.16	16.07	16.46	1.54	1.35	16.66	12.05	48.88	43.42	42.14	40.02	34.46
Long-Term Debt/Capital (%)	13.83	10.92	4.73	9.22	13.85	14.13	1.32	1.16	12.84	9.89	32.83	30.28	29.65	28.58	23.51
Long-Term Debt/Total Assets (%)	6.59	5.51	2.48	5.11	7.75	7.96	0.74	0.67	7.89	6.17	22.5	21.73	21.49	20.68	17.49
Total Debt/Equity (%)	18.98	12.26	4.97	10.16	16.07	16.46	16.1	15.89	29.78	21.82	48.88	43.42	42.14	40.02	46.58
Total Debt/Capital (%)	15.95	10.92	4.73	9.22	13.85	14.13	13.87	13.71	22.95	17.91	32.83	30.28	29.65	28.58	31.78
Total Debt/Total Assets (%)	7.61	5.51	2.48	5.11	7.75	7.96	7.78	7.87	14.09	11.16	22.5	21.73	21.49	20.68	23.63
CFO/Total Liabilities	3.38	16.96	13.15	9.25	11.76	17.75	14.86	12.15	19.83	28.55	25.7	14.03	6.27	10.28	12.84
CFO/CapEx	1.32	7.19	5.04	3.28	4.1	6.77	6.59	7.89	9.74	18.4	9.81	4	2.2	3.35	2.8
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	35.25	41.17	26.33	18.29	21.47	25.24	25.67	25.13	26.76	28.09	31.32	26.95	20.37	20.86	20.92
Days Sales Outstanding	10.35	8.87	13.86	19.96	17	14.46	14.22	14.52	13.64	12.99	11.65	13.54	17.92	17.5	17.45
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,145	1,586	1,835	2,060
- Cash & Cash Equivalents	141	209	194	201	179	186	150	192	331	433	486	248	233	216	322
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	13	12	8	7	8	8	7	6	6	7	13	8	7	9	9
+ Total Debt	88	71	33	71	102	107	109	108	224	221	633	595	581	565	769
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,475	1,902	2,151	2,468
Total Capital	551	652	696	772	740	756	788	788	978	1,233	1,928	1,965	1,959	1,976	2,419
Total Debt/Capital (%)	15.95	10.92	4.73	9.22	13.85	14.13	13.87	13.71	22.95	17.91	32.83	30.28	29.65	28.58	31.78
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.4	0.31	0.26	0.31
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.48	0.84	0.86	0.84
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.15	19.44	14.25	11.13
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.32	31.68	19.47	16.64
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,154	1,595	1,859	2,060
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,484	1,911	2,176	2,468
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	54.37	69.49	77.49	81.66
TTM Sales	1,635	1,910	1,928	1,871	2,034	2,007	1,956	1,908	1,940	2,288	3,306	3,069	2,257	2,490	2,922
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	26	- -	89	66	81	125	111	87	170	278	394	206	98	151	222
TTM Free Cash Flow to Firm	8	- -	72	47	62	107	94	77	153	263	354	158	60	110	148

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.02	35.25	19.54	15.57
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,475	1,902	2,151	2,468
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35.45	35.6	55.48	54.46
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.48	0.84	0.86	0.84
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.05	52.11	25.03	17.83
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.66	39.63	24.63	17.18
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.34	52.11	28.54	19.57
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.93	32.01	21.01	14.25
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.84	1.16	1.31	1.26
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.03	0.88	1.29	1.21
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.47	1.16	1.49	1.38
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.71	0.71	1.1	1
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.71	14.95	12.66	46.82
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.6	11.37	12.46	45.12
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.23	14.95	14.44	51.4
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.68	9.18	10.63	37.42
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.37	0.7	0.74	0.7
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.46	0.53	0.72	0.68
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.65	0.7	0.84	0.77
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.31	0.43	0.62	0.56
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.97	19.1	13.53	10.01
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.32	14.53	13.31	9.65
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.44	19.1	15.43	10.99
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.01	11.73	11.36	8
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.84	26.8	19.22	15
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.02	35.25	22.28	17.09
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.74	21.65	16.4	12.44
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.57	0.67	0.85	0.82
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.76	0.84	0.97	0.91
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.42	0.57	0.75	0.7
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	42.19	57.95	66.1	68.15
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	73.8	57.95	75.37	74.81
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,736	1,522	2,121	2,393
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,333	1,902	2,409	2,669
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,292	1,290	1,856	2,054

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	19	19	23	24	23	23	24	24	24	27	27	27	27	28	30
Diluted Weighted Avg Shares	19	24	25	25	24	23	24	24	24	27	27	27	28	28	30
Basic Weighted Avg Shares	19	19	23	24	23	23	24	24	24	27	27	27	27	28	30
Revenue per Share	84.69	98.46	85.68	77.93	87.14	85.64	82.45	80.43	81.82	85.62	122.92	113.13	82.47	89.7	96.67
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.12	5.63	2.8	1.24	-0.27	2.37	2.05	2	3.32	5.8	12.02	5.98	1.11	2.64	3.82
Basic EPS from Cont Ops	0.45	6.13	3.23	1.6	0.17	2.92	2.54	2.49	3.81	6.35	12.64	6.7	1.67	3.18	4.31
Diluted EPS, GAAP	0.12	4.48	2.55	1.2	-0.26	2.36	2.05	2	3.31	5.8	11.9	5.94	1.11	2.61	3.82
Diluted EPS from Cont Ops	0.45	4.88	2.93	1.55	0.17	2.92	2.54	2.49	3.8	6.35	12.51	6.65	1.66	3.13	4.31
Dividend per Share	0.05	0.09	0.1	0.1	0.77	1.19	1.19	1.19	1.2	1.13	1.36	1.65	1.85	1.94	1.94
Cash Flow per Share	1.21	6.21	3.87	2.67	3.45	5.25	4.56	3.55	7.02	10.32	14.51	7.07	3.03	4.88	6.81
Free Cash Flow per Basic Share	0.3	5.35	3.11	1.85	2.61	4.47	3.86	3.1	6.3	9.76	13.03	5.3	1.65	3.43	4.38
Cash & Equivalents per Share	9.01	12.66	10.34	9.4	9.37	8.88	7.36	9.07	14.94	16.96	18.72	10.05	9.95	9.27	12.23
Book Value per Share	23.32	29.31	29.12	28.88	26.96	27.37	28.34	28.4	31.52	37.6	47.67	50.21	50.11	50.5	54.3
Tangible Book Value per Share	11.76	17.57	18.24	17.29	16.86	17.63	18.17	17.49	20.83	20.06	4.74	3.32	3.88	5.22	1.46