2nd Quarter 2021 Investor Presentation
Book Value & Tangible Book Value
$3,250
$3,000
BOOK VALUE ($ IN MILLIONS)(1)
$2,750
$2,500
$2,250
$2,246
$2,000
$2,085
$1,750
$1,500
$1,250
$1,000
$750
$500
2017
2018
$2,000
$2,988
$3,039
$2,976
$1,750
$1,500
TANGIBLE BOOK VALUE ($ IN MILLIONS)(1)(2)
$1,250
$1,309
$1,136
$1,000
$750
$500
2019
2020
Q221
2017
2018
BOOK VALUE PER COMMON SHARE (1)
$1,860
$1,805
$1,789
2019
2020
Q221
TANGIBLE BOOK VALUE PER COMMON SHARE (1)(2)
$30.00
$20.00
$28.00
$28.03
$26.00
$27.53
$18.00
$26.30
$24.00
$24.33
$22.00
$16.00
$22.65
$17.16
$16.56
$15.89
$20.00
$18.00
$14.00
$14.18
$16.00
$14.00
$12.00
$12.34
$12.00
$10.00
$10.00
2017
2018
2019
2020
Q221
2017
2018
2019
2020
Q221
$5
(1) As of December 31, except where otherwise stated.
(2) Non-GAAP measure that management believes aids in the discussion of results. See Appendix for Non-GAAP reconciliation.
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