Mr Cooper Group Inc fka COOP

[diamondguru-one]

this would be well worth the WAIT !!!!

Post #460408

"CBA09
Sunday, 08/28/16 06:46:11 AM
Re: wwhatthe post# 460263
0
Post # of 539975

wwhatthe - You can't be serious!

Your Quote:
I believe it’s the Common Shareholder who will walk away with all the spoils…

$279.6 Billion Dollars

thanks, unlike most entities are measured by deposits vs. assets. Deposits are the "Life Blood" of banks. Deposits come in many forms, such as Time Deposits, Demand Deposits, and even Fed Funds if necessary. Banking is all about asset / liability management. Therefore banks must keep percentage of loans to deposits at a safe percentage. Generally no more than 85 %. If this gap gets higher than Fed Funds are obtained.

Now to book value:

Banks and Savings and Loans are different animals vs non bank / s & l. Here book value is would really be misleading as deposits are the measurement of such entities. Remember deposits are liabilities from which loans are created and the underpinning of such assets. Thus liabilities are to me subtracted. So with banks and s & l we would used "Net Book Value" - Assets less Liabilities.

Net Book Value was @ 28 billion June 2008 as follows -

As of June 30, 2008, Washington Mutual Bank had total assets of US$307 billion, with 2,239 retail branch offices operating in 15 states, with 4,932 ATMs, and 43,198 employees. It held liabilities in the form of deposits of $188.3 billion, and owed $82.9 billion to the Federal Home Loan Bank, and had subordinated debt of $7.8 billion.

I too want to see a great return for all here that have been hurt but lets keep it real! "