I'm very pleased with the team's continued focus on expense management and our prudent capital management. We continue to improve our key operating metrics which is a clear indication of our success. After considering dividends declared, our book value per share, including the deferred gain, increased 14% to $48.25, and our adjusted book value per share increased by 9% to $50.75 over the last 12 months. And finally, we returned $27.5 million to our shareholders this quarter through a combination of regular quarterly dividends and share repurchases at an average price that was accretive to our adjusted book value per share.

May 2, 2025 / CEO / receipt, needs a key / Kathy Antonello, CEO | earnings call 2025-05-02 | transcript 21446485-45b1-4d94-8a59-19178b41233d | chars 9090-9720 | segment 9