Accord Releases 2019 Second Quarter Report

Accord Releases 2019 Second Quarter Report

 

The Company's total funds employed (finance receivables and loans) totalled $382 million at June 30, 2019, 46% higher than the $262 million a year earlier and 13% higher than last year-end. Average funds employed in the second quarter increased by 52% to a quarterly record $388 million compared with $255 million last year. Shareholders’ equity was $90 million at June 30, 2019 compared to $80 million at June 30, 2018. Book value per share increased to $10.70 versus $9.68 a year ago.

Our full 2019 Second Quarter Report is available here.

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