While THIE's balance sheet strength is categorized currently as adequate,
anticipated balance sheet strengthening through continued strong operating results over a period of time is the primary driver behind the positive outlooks.
We are pleased to have maintained a stable net interest margin - excluding accretable yield - at 3.62 percent despite these rising deposit costs and slower than
anticipated balance sheet growth.
This balance was well below an
anticipated balance of +63%, however, sales are expected to rise solidly in the year to April.
The company expects to use the net proceeds for general corporate purposes, including to support
anticipated balance sheet growth, which may include loan originations and securities purchases.
In an SPL match with such an
anticipated balance of play, the away team would normally be expected to take no more or no fewer corners than the home team.