MMA Capital Management Announces Third Quarter Results and Investor Conference Call
MMA Capital Mgmt, LLC (MMAC)
US:NASDAQ Investor Relations:
mmacapitalmanagement.com
Company Research
Source: PR Newswire
BALTIMORE, Nov. 9, 2018 /PRNewswire/ -- MMA Capital Management, LLC (NASDAQ: MMAC) ("MMA Capital" or "the Company") today reported financial results for the quarter ended September 30, 2018, including common shareholders' equity of $193.5 million, or $32.96 per share of diluted common shareholders' equity ("Book Value"). The Company filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2018 (the "Third Quarter 2018 Report") with the Securities and Exchange Commission ("SEC") earlier today and will hold an investor call on Monday, November 12, 2018, at 8:30 a.m. EST.Common shareholders' equity increased from $186.7 million at June 30, 2018 to $193.5 million at September 30, 2018. This change was driven by $5.3 million in comprehensive income that was allocable to common shareholders and by $1.6 million of other increases in common shareholders' equity. Book Value per share increased $0.94 per share in the third quarter of 2018 to $32.96 at September 30, 2018.
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