Earnings Feed

$147 million

Adjusted EBITDA totaled $147 million and was up significantly from $79 million in Q2 of last year.

$171 billion

Assets under management grew 2% in the quarter, benefiting from the market rebound off the April lows.

$80 million

We are very pleased to report another strong quarter. We earned $80 million in net income, which translated into a strong return on assets of 1.69%.

$90 million

The investment we made in the 522 mortgage position last year is perhaps one of the best trades of this cycle where we realized nearly $90 million of profit on a $130 million investment in well under a year's time.

24%

We delivered a 24% operating return on equity this quarter and grew tangible book value per share by 10% year-to-date and over 20% over the past 12 months.