Blackbaud, Inc. Financial Ratios — BNK 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 (%)	25.26	4.58	19.71	16.28	12.94	19.82	25.22	12.63	3.09	1.88	1	-6.22	0.39	-64.03	108.52
Return on Assets (%)	9.22	1.2	4.32	3.43	2.37	3.58	4.74	2.63	0.66	0.38	0.23	-1.52	0.1	-11.08	4.71
Return on Capital (%)	25.36	3.77	10.15	8.36	5.76	8.9	- -	- -	- -	1.44	1.49	- -	0.57	- -	14.28
Return on Invested Capital (%)	25.15	3.83	10.33	8.67	6.03	9	- -	- -	- -	1.39	1.5	- -	0.44	- -	13.55
Gross Margin (%)	57.61	54.75	53.82	51.55	52.25	53.64	54.1	55.02	53.53	53.13	52.23	52.24	54.11	54.69	58.78
EBITDA Margin (%)	18.31	11.55	18.8	16.26	16.1	18.96	18.03	16.38	12.53	14.23	11.57	6.98	14.08	-12.97	24.55
Operating Margin (%)	14.22	4.43	10.92	8.21	7.32	9.32	8.75	7.54	3.66	4.1	2.71	-2.69	4.19	11.6	16.91
Incremental Operating Margin (%)	15.13	- -	62.46	- -	0.47	22.96	1.32	- -	- -	35.37	- -	- -	152.81	184.31	- -
Pretax Margin (%)	13.82	2.98	9	6.95	5.79	7.84	7.4	5.26	1.18	2.37	0.76	-5.25	1.74	-27.06	11.68
Profit Margin (%)	8.96	1.47	6.05	5.01	4.02	6.21	9.34	5.28	1.32	0.85	0.61	-4.29	0.27	-25.94	10.19
Net Income to Common Margin (%)	8.96	1.47	6.05	5.01	4.02	6.21	9.34	5.28	1.32	0.85	0.61	-4.29	0.27	-25.94	10.19
Effective Tax Rate (%)	35.19	50.6	32.78	27.89	30.59	20.83	- -	- -	- -	64.3	19.55	- -	84.36	- -	12.76
Dvd Payout Ratio (%)	64.51	330.11	72.46	78.14	87.75	50.24	31.33	51.99	198.24	77.23	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	8.96	-10.53	5.43	3.56	1.58	9.86	17.32	6.06	-3.04	0.43	1	-6.22	0.39	-64.03	108.52

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	- -	216	153	281	408	342	438	387	563	548	1,010	904	820	1,114	1,116
ST Debt	- -	10	17	4	4	4	9	8	8	13	19	19	19	28	24
LT Debt	- -	206	136	276	404	338	430	380	555	536	991	885	800	1,085	1,092
Total Debt/EBITDA	- -	4.17	1.61	3.06	3.97	2.47	3.08	2.79	4.99	4.22	9.41	12.23	5.26	-7.44	4.03
Net Debt/EBITDA	-0.77	3.91	1.49	2.9	3.82	2.35	2.87	2.56	3.86	3.81	8.4	11.2	4.8	-6.73	3.87
Total Debt/EBIT	- -	11.09	2.97	6.05	8.74	5.02	6.43	6.52	20.73	14.72	40.54	-31.73	17.68	-4.1	5.85
Net Debt/EBIT	-1.03	10.39	2.74	5.73	8.41	4.77	5.99	6	16.04	13.3	36.18	-29.05	16.15	-3.71	5.61
EBITDA to Interest Expense	339.62	8.81	16.28	15.27	12.72	13.11	11.75	8.74	5.47	7.52	5.96	2.06	3.9	-2.69	4.07
EBITDA-CapEx/Interest Expense	243.48	5.31	12.83	12.95	10.41	11.44	10.91	7.82	4.92	5.8	5.31	1.72	3.79	-2.82	3.96
EBIT to Interest Expense	263.64	3.38	9.46	7.71	5.79	6.45	5.7	4.03	1.6	2.17	1.4	-0.8	1.16	2.41	2.81
Interest Expense	- -	6	6	6	8	11	12	16	21	17	18	36	40	56	68
Common Equity/Total Assets	35.66	20.93	22.86	19.71	17.21	18.89	18.71	23.14	19.91	20.84	24.13	24.86	27.77	5.08	3.56
Long-Term Debt/Equity (%)	- -	139.15	84.03	148.56	191.71	136.55	127.76	101.56	139.94	125.67	138.18	118.97	98.98	855.65	1,283.47
Long-Term Debt/Capital (%)	- -	56.58	43.17	59.21	65.25	57.3	55.47	49.89	57.87	54.95	57.39	53.71	49.16	87.49	90.9
Long-Term Debt/Total Assets (%)	- -	29.12	19.21	29.28	33	25.8	23.9	23.5	27.86	26.19	33.34	29.58	27.49	43.48	45.66
Total Debt/Equity (%)	- -	145.92	94.65	150.91	193.78	138.32	130.31	103.57	141.83	128.68	140.79	121.49	101.37	878.01	1,311.94
Total Debt/Capital (%)	- -	59.34	48.63	60.15	65.96	58.04	56.58	50.88	58.65	56.27	58.47	54.85	50.34	89.78	92.92
Total Debt/Total Assets (%)	- -	30.54	21.64	29.75	33.36	26.13	24.37	23.97	28.24	26.82	33.97	30.21	28.15	44.62	46.68
Net Debt to Equity	-37.51	136.78	87.29	142.99	186.49	131.49	121.44	95.31	109.71	116.22	125.66	111.2	92.54	794.2	1,258.94
Net Debt/Capital (%)	-60.04	57.77	46.61	58.85	65.09	56.8	54.84	48.8	46.92	52.76	53.91	51.19	46.86	85.89	92.15
EBITDA	68	52	95	92	103	139	142	139	113	130	107	74	156	-150	277
EBITDA-CapEx	49	31	75	78	84	121	132	124	101	100	96	62	151	-157	269
Operating Income (Loss)	53	20	55	46	47	68	69	64	33	37	25	-28	46	134	191

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	0.22	0.04	0.03	0.03	0.03	0.02	0.03	0.04	0.03	0.04	0.05	0.03	0.03	0.05	0.03
Current Ratio	0.78	0.69	0.64	0.68	0.7	0.75	0.82	0.74	0.74	0.81	0.77	0.75	0.78	0.78	0.79
Quick Ratio	0.48	0.29	0.22	0.22	0.17	0.16	0.13	0.15	0.12	0.13	0.14	0.11	0.11	0.12	0.1
CFO/Avg Current Liab	0.39	0.25	0.32	0.3	0.26	0.25	0.21	0.23	0.2	0.15	0.2	0.17	0.16	0.24	0.22
Common Equity/Total Assets	35.66	20.93	22.86	19.71	17.21	18.89	18.71	23.14	19.91	20.84	24.13	24.86	27.77	5.08	3.56
Long-Term Debt/Equity (%)	- -	139.15	84.03	148.56	191.71	136.55	127.76	101.56	139.94	125.67	138.18	118.97	98.98	855.65	1,283.47
Long-Term Debt/Capital (%)	- -	56.58	43.17	59.21	65.25	57.3	55.47	49.89	57.87	54.95	57.39	53.71	49.16	87.49	90.9
Long-Term Debt/Total Assets (%)	- -	29.12	19.21	29.28	33	25.8	23.9	23.5	27.86	26.19	33.34	29.58	27.49	43.48	45.66
Total Debt/Equity (%)	- -	145.92	94.65	150.91	193.78	138.32	130.31	103.57	141.83	128.68	140.79	121.49	101.37	878.01	1,311.94
Total Debt/Capital (%)	- -	59.34	48.63	60.15	65.96	58.04	56.58	50.88	58.65	56.27	58.47	54.85	50.34	89.78	92.92
Total Debt/Total Assets (%)	- -	30.54	21.64	29.75	33.36	26.13	24.37	23.97	28.24	26.82	33.97	30.21	28.15	44.62	46.68
CFO/Total Liabilities	33.86	12.31	19.68	15.43	12.76	14.46	12.06	16.22	11.43	9.14	9.48	9.07	9.49	12.49	11.52
CFO/CapEx	4.45	3.34	5.34	8.4	6.94	8.68	17.27	13.68	15.88	4.98	18.32	16.59	42.61	39.76	34.19
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.9	2.16

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	6.06	6.47	7.06	7.81	8.1	8.66	8.47	9.15	10.13	9.87	9.3	10.24	10.79	12.3	13.49
Days Sales Outstanding	60.26	56.43	51.68	46.72	45.08	42.15	43.08	39.91	36.02	36.99	39.23	35.66	33.84	29.67	27.06
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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,665	3,018
- Cash & Cash Equivalents	53	13	12	15	15	17	30	31	32	36	55	32	31	68	39
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	216	153	281	408	342	438	387	563	548	1,010	904	820	1,114	1,116
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,712	4,095
Total Capital	140	363	314	466	619	590	775	761	959	975	1,727	1,648	1,628	1,240	1,201
Total Debt/Capital (%)	- -	59.34	48.63	60.15	65.96	58.04	56.58	50.88	58.65	56.27	58.47	54.85	50.34	89.78	92.92
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.24	0.27
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.08	3.63
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.79
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.47
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.61
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.92
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,763	3,132
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,809	4,209
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	95.67	87.68
TTM Sales	371	447	504	564	638	732	788	849	900	913	928	1,058	1,107	1,155	1,128
TTM EBITDA	68	52	95	92	103	139	142	139	113	130	107	74	156	-150	277
TTM Operating Income	53	20	55	46	47	68	69	64	33	37	25	-28	46	134	191
TTM Cash Flow to Firm	86	72	111	121	135	162	- -	- -	- -	154	228	- -	206	- -	325
TTM Free Cash Flow to Firm	66	51	91	107	116	144	- -	- -	- -	124	216	- -	201	- -	317

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.04	12.15
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.47
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,712	4,095
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	67.01	54.62
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.08	3.63
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.79
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.8
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.09
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	33.51
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.65
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	28.9	35.49
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.57	35.87
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	34.04	44.37
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.01	30
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3.04	-2.45
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3.21	-2.47
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3.58	-3.06
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2.73	-2.07
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.26	2.73
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.45	2.76
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.84	3.41
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.93	2.31
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.72	11.6
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.45	11.73
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.98	14.51
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.45	9.81
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.8	12.28
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.36	15.19
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.74	10.27
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.26	3.66
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.64	4.3
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.76	3.22
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.9
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.51
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.1
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.64
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25.43
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.02
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	74.43	64.62
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	87.66	80.81
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,924	4,128
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5,363	4,851
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,346	3,628

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	45	46	46	46	47	48	48	49	49	49	52	53	54	49	47
Diluted Weighted Avg Shares	44	45	45	46	46	47	48	48	48	49	48	52	54	51	48
Basic Weighted Avg Shares	44	44	45	45	46	46	47	47	48	48	47	52	53	51	48
Revenue per Share	8.52	10.14	11.27	12.48	13.98	15.86	16.9	17.98	18.88	18.95	19.57	20.52	21.07	22.84	23.67
EBITDA per Share	1.56	1.17	2.12	2.03	2.25	3.01	3.05	2.94	2.37	2.7	2.26	1.43	2.97	-2.96	5.81
Operating Income per Share	1.21	0.45	1.23	1.03	1.02	1.48	1.48	1.36	0.69	0.78	0.53	-0.55	0.88	2.65	4
Basic EPS, GAAP	0.76	0.15	0.68	0.63	0.56	0.98	1.58	0.95	0.25	0.16	0.12	-0.88	0.06	-5.92	2.41
Basic EPS from Cont Ops	0.76	0.15	0.68	0.63	0.56	0.98	1.58	0.95	0.25	0.16	0.12	-0.88	0.06	-5.92	2.41
Diluted EPS, GAAP	0.75	0.15	0.67	0.62	0.55	0.96	1.54	0.93	0.25	0.16	0.12	-0.88	0.06	-5.92	2.37
Diluted EPS from Cont Ops	0.75	0.15	0.67	0.62	0.55	0.96	1.54	0.93	0.25	0.16	0.12	-0.88	0.06	-5.92	2.37
Dividend per Share	0.49	0.49	0.49	0.49	0.49	0.49	0.49	0.49	0.49	0.12	- -	- -	- -	- -	- -
Cash Flow per Share	1.97	1.56	2.4	2.59	2.83	3.33	3.78	4.27	3.83	3.07	4.51	3.95	3.8	5.85	5.57
Free Cash Flow per Basic Share	1.52	1.09	1.95	2.28	2.42	2.95	3.56	3.95	3.58	2.45	4.26	3.72	3.71	5.71	5.41
Cash & Equivalents per Share	1.17	0.3	0.26	0.32	0.33	0.36	0.62	0.64	0.65	0.73	1.06	0.6	0.58	1.37	0.83
Book Value per Share	3.12	3.24	3.5	4.01	4.48	5.21	6.99	7.7	8.07	8.72	13.79	14.02	15.08	2.58	1.82
Tangible Book Value per Share	0.12	-6.25	-5.34	-8.68	-11.5	-10.15	-11.7	-11.08	-13.36	-12.26	-22.33	-20.4	-18.41	-24.51	-26.43