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MMA Capital Holdings Announces 2019 Full Year Results

MMA Capital Mgmt, LLC (MMAC) 
US:NASDAQ Investor Relations: mmacapitalmanagement.com
Company Research Source: PR Newswire
BALTIMORE, March 13, 2020 /PRNewswire/ -- MMA Capital Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or "the Company") today reported financial results for the year ended December 31, 2019, including common shareholders' equity ("Book Value") of $281.1 million, or $48.43 per share.  The Company filed its Annual Report on Form 10-K for the year ended December 31, 2019 (the "Annual Report"), with the Securities and Exchange Commission ("SEC") today and will host an investor call at 8:30 a.m. ET on Wednesday, March 18, 2020.Book Value increased $68.2 million in 2019 to $281.1 million at December 31, 2019. This change was primarily driven by $70.9 million of comprehensive income, which included income effects related to the recognition of a $57.7 million deferred tax asset ("DTA") in the fourth quarter of 2019. Book Value per share increased $12.23, or 33.8%, in 2019 to $48.43 at December 31, 2019. Book Value excluding the carrying value of the Company's DTA ("Adjusted Book Value")* increas Show less Read more
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