Standard Motor Products, Inc. Financial Ratios — SRU Stock

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 (%)	25.9	14.27	15.66	11.89	12.01	14.51	8.49	9.34	11.92	10.89	15.78	9.14	5.49	4.4	6.36
Return on Assets (%)	11.96	7.34	8.63	6.68	6.79	8.34	4.88	5.27	6.63	6.17	8.44	4.51	2.68	1.77	2.17
Return on Capital (%)	21.33	12.43	14.64	10.99	10.8	13.13	7.72	8.91	11.19	10.09	13.63	7.55	4.92	3.34	4.67
Return on Invested Capital (%)	21.1	13.27	15.36	14.01	11.46	13.5	8.81	11.78	12.98	14.04	14.64	9.32	8.05	5.48	7.35
Gross Margin (%)	26.2	27.36	29.53	29.54	28.91	30.47	29.27	28.64	29.16	29.83	29.02	27.89	28.63	28.92	31.23
EBITDA Margin (%)	9.04	9.26	10.62	10.47	9.62	11.27	10.88	9.65	10.57	11.98	12.03	9.65	8.96	7.65	10.07
Operating Margin (%)	7.57	7.68	9.17	9.91	7.79	9.71	9.29	7.85	8.53	9.92	9.96	7.73	7.02	6.03	7.77
Incremental Operating Margin (%)	25.03	8.92	49.88	- -	254.95	31.23	1.64	74.36	24.64	- -	10.24	- -	79.06	- -	15.52
Pretax Margin (%)	7.37	7.16	8.64	8.34	7.62	9.31	8.64	7.04	8.07	9.51	10.04	7.17	6.02	5.05	6.17
Profit Margin (%)	7.13	4.36	5.23	4.39	4.73	5.71	3.4	3.94	5.09	5.09	7	4.03	2.51	1.88	2.31
Net Income to Common Margin (%)	7.13	4.36	5.23	4.39	4.73	5.71	3.4	3.94	5.09	5.09	7	4.03	2.51	1.88	2.31
Effective Tax Rate (%)	0.19	36.76	37.57	35.29	35.06	36.68	54.76	26	24.78	25.11	23.79	25.63	22.48	26.2	27.7
Dvd Payout Ratio (%)	9.92	19.12	19.05	22.51	28.46	24.75	39.62	33.16	29.82	13.95	22.29	32	39.6	45.59	33.76
Sustainable Growth Rate (%)	23.33	11.54	12.68	9.22	8.59	10.92	5.13	6.24	8.37	9.37	12.26	6.21	3.31	2.39	4.21

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	73	41	21	57	48	55	62	49	85	33	160	280	245	661	712
ST Debt	73	41	21	57	47	55	62	49	57	10	128	55	5	27	52
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	29	23	31	225	240	633	660
Total Debt/EBITDA	0.93	0.46	0.21	0.55	0.51	0.46	0.51	0.47	0.71	0.24	1.02	2.12	2.01	5.9	3.95
Net Debt/EBITDA	0.79	0.31	0.15	0.42	0.31	0.3	0.37	0.36	0.39	-0.07	0.68	1.65	1.02	4.62	3.03
Total Debt/EBIT	1.13	0.57	0.25	0.67	0.63	0.56	0.63	0.61	0.9	0.3	1.24	2.69	2.65	8.19	5.22
Net Debt/EBIT	0.96	0.39	0.18	0.5	0.38	0.36	0.46	0.47	0.49	-0.08	0.83	2.1	1.33	6.42	4
EBITDA to Interest Expense	20.69	31.53	54.92	63.51	60.83	76.64	52.14	26.17	22.76	58.08	77.04	12.47	9.16	8.29	5.75
EBITDA-CapEx/Interest Expense	20.69	31.53	54.92	63.51	60.83	76.64	52.14	26.17	22.76	58.08	77.04	12.47	9.16	8.29	5.75
EBIT to Interest Expense	17.34	26.14	47.43	60.14	49.27	66.03	44.52	21.31	18.37	48.09	63.8	9.99	7.17	6.53	4.44
Interest Expense	4	3	2	2	2	2	2	4	5	2	2	11	13	14	31
Common Equity/Total Assets	49.38	53.35	56.77	55.55	57.55	57.37	57.6	55.41	55.79	57.52	50.22	48.61	49.11	33.94	34.27
Long-Term Debt/Equity (%)	0.07	0.02	- -	0.02	0.02	0.03	0.02	0.03	5.65	4.1	5.1	36.28	36.9	100.53	94.54
Long-Term Debt/Capital (%)	0.06	0.02	- -	0.02	0.01	0.02	0.02	0.03	4.83	3.87	4.04	25	26.8	49.08	46.8
Long-Term Debt/Total Assets (%)	0.03	0.01	- -	0.01	0.01	0.02	0.01	0.02	3.15	2.36	2.61	17.95	18.57	34.92	33.08
Total Debt/Equity (%)	26.95	13.22	6.15	15.19	12.12	12.47	13.62	10.53	16.94	5.94	26.06	45.14	37.67	104.83	101.98
Total Debt/Capital (%)	21.23	11.67	5.79	13.18	10.81	11.08	11.99	9.53	14.49	5.61	20.67	31.1	27.36	51.18	50.49
Total Debt/Total Assets (%)	13.31	7.05	3.49	8.44	6.98	7.15	7.84	5.84	9.45	3.42	13.33	22.34	18.96	36.41	35.69
Net Debt to Equity	22.96	8.96	4.56	11.52	7.32	7.98	9.8	8.15	9.26	-1.68	17.41	35.18	19	82.19	78.29
Net Debt/Capital (%)	18.67	8.23	4.36	10.33	6.82	7.39	8.92	7.54	8.06	-1.64	14.21	24.82	14.32	41.56	40.85
EBITDA	79	88	104	103	93	119	121	105	120	135	156	132	122	112	180
EBITDA-CapEx	79	88	104	103	93	119	121	105	120	135	156	132	122	112	180
Operating Income (Loss)	66	73	90	97	76	103	104	86	97	112	129	106	95	88	139

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	0.05	0.06	0.03	0.05	0.08	0.07	0.06	0.04	0.03	0.06	0.05	0.07	0.11	0.1	0.15
Current Ratio	1.75	1.88	2.02	1.86	1.97	1.67	1.74	1.75	1.8	1.98	1.49	2.36	2.45	2.11	2.13
Quick Ratio	0.5	0.5	0.59	0.56	0.58	0.54	0.55	0.54	0.46	0.72	0.42	0.58	0.63	0.58	0.62
CFO/Avg Current Liab	0.34	0.41	0.26	0.2	0.26	0.37	0.23	0.23	0.25	0.32	0.22	-0.07	0.46	0.21	0.12
Common Equity/Total Assets	49.38	53.35	56.77	55.55	57.55	57.37	57.6	55.41	55.79	57.52	50.22	48.61	49.11	33.94	34.27
Long-Term Debt/Equity (%)	0.07	0.02	- -	0.02	0.02	0.03	0.02	0.03	5.65	4.1	5.1	36.28	36.9	100.53	94.54
Long-Term Debt/Capital (%)	0.06	0.02	- -	0.02	0.01	0.02	0.02	0.03	4.83	3.87	4.04	25	26.8	49.08	46.8
Long-Term Debt/Total Assets (%)	0.03	0.01	- -	0.01	0.01	0.02	0.01	0.02	3.15	2.36	2.61	17.95	18.57	34.92	33.08
Total Debt/Equity (%)	26.95	13.22	6.15	15.19	12.12	12.47	13.62	10.53	16.94	5.94	26.06	45.14	37.67	104.83	101.98
Total Debt/Capital (%)	21.23	11.67	5.79	13.18	10.81	11.08	11.99	9.53	14.49	5.61	20.67	31.1	27.36	51.18	50.49
Total Debt/Total Assets (%)	13.31	7.05	3.49	8.44	6.98	7.15	7.84	5.84	9.45	3.42	13.33	22.34	18.96	36.41	35.69
CFO/Total Liabilities	27.01	34.78	21.65	15.69	22.54	29.85	19.35	18.69	19.25	24.09	14.62	-4.34	22.46	6.48	4.43
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3

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	8.37	9.36	8.79	7.79	7.76	8.19	8.13	7.34	8.01	6.95	6.86	7.88	8.28	7.89	8.09
Days Sales Outstanding	43.63	38.98	41.51	46.86	47.01	44.57	44.91	49.73	45.58	52.5	53.2	46.33	44.06	46.25	45.11
Inventory Turnover	2.64	2.67	2.58	2.52	2.45	2.46	2.47	2.24	2.13	2.1	2.15	1.9	1.81	1.78	1.8
Days Inventory Outstanding	138.33	136.51	141.34	144.65	148.92	148.35	147.69	163.17	171.66	173.55	169.49	191.75	202.13	204.58	202.84
Accounts Payable Turnover	12.94	12.52	10.4	9.84	9.75	9.74	9.93	9.55	8.82	7.99	8.84	9.25	9.62	9.05	8.32
Accounts Payable Turnover Days	28.2	29.14	35.11	37.09	37.45	37.47	36.77	38.21	41.4	45.69	41.31	39.48	37.93	40.32	43.89
Cash Conversion Cycle	153.76	146.35	147.75	154.42	158.48	155.45	155.83	174.69	175.83	180.36	181.38	198.6	208.26	210.51	204.06
Inventory to Cash Days	-94.7	-97.53	-99.83	-97.79	-101.91	-103.78	-102.77	-113.43	-126.08	-121.04	-116.28	-145.42	-158.07	-158.32	-157.72
Inventories	248	267	269	278	286	312	326	370	388	365	491	548	525	641	728
Raw Materials	77	81	83	88	94	102	109	112	116	109	156	190	186	208	231
Work In Process	5	8	5	5	5	7	8	11	11	11	16	14	19	22	23
Finished Goods	166	178	182	186	187	204	210	227	241	226	297	324	303	395	458
Other Inventory	- -	- -	- -	- -	- -	- -	- -	20	20	20	22	20	18	16	16

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	817
- Cash & Cash Equivalents	11	13	6	14	19	20	17	11	10	19	22	21	33	44	72
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	11	16	14	15
+ Total Debt	73	41	21	57	48	55	62	49	85	33	160	280	245	661	712
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,472
Total Capital	345	348	371	431	439	496	515	516	590	583	772	901	896	1,291	1,410
Total Debt/Capital (%)	21.23	11.67	5.79	13.18	10.81	11.08	11.99	9.53	14.49	5.61	20.67	31.1	27.36	51.18	50.49
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.48
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.82
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.16
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.78
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.37
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.37
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	829
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,484
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	66.45
TTM Sales	875	949	984	980	972	1,058	1,116	1,092	1,138	1,129	1,299	1,372	1,358	1,464	1,791
TTM EBITDA	79	88	104	103	93	119	121	105	120	135	156	132	122	112	180
TTM Operating Income	66	73	90	97	76	103	104	86	97	112	129	106	95	88	139
TTM Cash Flow to Firm	79	95	59	48	66	99	66	73	81	100	87	-20	155	87	80
TTM Free Cash Flow to Firm	79	95	59	48	66	99	66	73	81	100	87	-20	155	87	80

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.44
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.78
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,472
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.25
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.82
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.16
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.62
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.46
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.06
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.3
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.2
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.06
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.34
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.69
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.02
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.25
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.89
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.04
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.45
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.4
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.51
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.26
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.12
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.56
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.87
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.13
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.85
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.23
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.32
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.77
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.88
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.63
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.66
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.72
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.24
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.12
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.52
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.24
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	36.89
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	41.47
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,382
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,573
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,125

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	23	23	23	23	23	23	23	22	22	22	22	22	22	22	22
Diluted Weighted Avg Shares	23	23	23	23	23	23	23	23	23	23	23	22	22	22	22
Basic Weighted Avg Shares	23	23	23	23	23	23	23	22	22	22	22	22	22	22	22
Revenue per Share	38.37	41.6	42.82	42.81	42.61	46.58	49.11	48.63	50.85	50.44	58.64	63.26	62.55	67.15	81.47
EBITDA per Share	3.47	3.85	4.55	4.48	4.1	5.25	5.34	4.69	5.38	6.04	7.05	6.11	5.6	5.14	8.2
Operating Income per Share	2.91	3.19	3.93	4.24	3.32	4.52	4.56	3.82	4.34	5	5.84	4.89	4.39	4.05	6.33
Basic EPS, GAAP	2.74	1.81	2.24	1.88	2.02	2.66	1.67	1.91	2.59	2.57	4.1	2.55	1.57	1.26	1.88
Basic EPS from Cont Ops	2.82	1.88	2.31	2.31	2.11	2.75	1.92	2.53	3.09	3.59	4.49	3.37	2.92	2.5	3.63
Diluted EPS, GAAP	2.69	1.79	2.21	1.85	1.99	2.62	1.64	1.88	2.54	2.51	4.02	2.5	1.54	1.24	1.84
Diluted EPS from Cont Ops	2.77	1.86	2.28	2.28	2.08	2.7	1.88	2.48	3.03	3.52	4.4	3.3	2.86	2.46	3.55
Dividend per Share	0.28	0.36	0.44	0.52	0.6	0.68	0.76	0.84	0.92	0.5	1	1.08	1.16	1.16	1.24
Cash Flow per Share	3.3	4.1	2.51	2.05	2.86	4.3	2.84	3.13	3.44	4.38	3.86	-1.27	6.64	3.52	2.61
Free Cash Flow per Basic Share	3.3	4.1	2.51	2.05	2.86	4.3	2.84	3.13	3.44	4.38	3.86	-1.27	6.64	3.52	2.61
Cash & Equivalents per Share	0.48	0.57	0.24	0.6	0.83	0.87	0.77	0.5	0.46	0.87	0.99	0.98	1.48	2.03	3.25
Book Value per Share	11.92	13.48	15.22	16.34	17.31	19.31	20.15	20.83	22.45	24.62	27.31	28.26	28.98	28.17	30.87
Tangible Book Value per Share	9.38	10.31	12.05	12.44	13.59	13.57	14.66	15.67	16.1	18.72	16.51	17.48	18.62	3.36	5.26