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Moody's Ratings affirms Block Financial LLC's Baa3 senior unsecured ra...

Moody's Ratings (Moody's) affirmed Block Financial LLC's (together with its indirect parent, publicly-traded H&R Block, Inc., "H&R Block" or "Block") senior unsecured rating at Baa3, backed senior unsecured shelf at (P)Baa3, and short-term rating at Prime-3. The outlook is stable. The affirmation ...

Block Financial LLC: Update to credit analysis

Our credit view of this issuer reflects its good profitability rates and high customer retention rate, constrained by its historically low revenue growth.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Block Financial LLC and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 13 May 2024 in which Moody's reassessed the appropriateness of the ratings in the conte...

Block Financial LLC: Update to credit analysis after outlook revision ...

Our credit view of this issuer reflects its status as a leading assisted tax return preparation company in the US, constrained by its historically low revenue growth.

Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short te...

Moody's Investors Service ("Moody's") affirmed Block Financial LLC's (together with its indirect parent, publicly-traded H&R Block, Inc., "H&R Block" or "Block") senior unsecured rating at Baa3 and short term rating at Prime-3. The outlook was revised to stable from positive. On Tuesday, tax filin...

Block Financial LLC: Update to credit analysis after outlook revision ...

Our credit view of this issuer reflects its status as a leading assisted tax return preparation company in the US and its moderate financial leverage, against its low revenue growth.

Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short te...

Moody's Investors Service ("Moody's") affirmed Block Financial LLC's (together with its indirect parent, publicly-traded H&R Block, Inc., "H&R Block" or "Block") senior unsecured rating at Baa3 and short term rating at Prime-3. The outlook was revised to positive from stable. Today's rating action...

Moody's announces completion of a periodic review of ratings of Block ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Block Financial LLC. Global Credit Research- 03 Dec 2021. New York, December 03, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Block Financial LLC and other ratings that are associated with the same analytical unit.

Block Financial LLC: Update to credit analysis

Our credit view of the leading assisted and number two DIY tax return preparation company in the US reflects its moderate financial leverage and strong profit, but also low revenue growth.

Moody's: H&R Block note offer is prudent treasury management

Announcement: Moody's: H&R Block note offer is prudent treasury management. Global Credit Research- 22 Jun 2021. No change to the Baa3 senior unsecured rating and stable outlook.

Moody's says Block's note offer extends debt maturity profile and pres...

Announcement: Moody's says Block's note offer extends debt maturity profile and preserves cash, positive credit developments. Global Credit Research- 04 Aug 2020. Baa3 senior unsecured rating unchanged.

Block Financial LLC: Note offer extends debt maturity profile, preserv...

We had anticipated Block might refinance its $650 million unsecured notes due in October, so while the news is positive, the ratings are unchanged at this time.

Block Financial LLC: Update to credit considerations following revisio...

Our credit view of Block Financial reflects its moderate financial leverage, offset by its risks from tax simplification and regulatory changes over the longer-term.

Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short te...

Rating Action: Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short term ratings; outlook revised to stable. Global Credit Research- 29 Jul 2020. $1.5 billion of rated debt.

Block Financial LLC: Update to credit considerations

Our credit view of H&R Block reflects leading share, brand recognition, high but declining margin and moderate leverage offset by low revenue growth.

Moody's announces completion of a periodic review of ratings of Block ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Block Financial LLC. Global Credit Research- 20 May 2020. New York, May 20, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Block Financial LLC and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of Block ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Block Financial LLC. Global Credit Research- 12 Aug 2019. New York, August 12, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Block Financial LLC and other ratings that are associated with the same analytical unit.

Block Financial LLC: Update following ratings affirmation

Our credit view of H&R Block reflects leading share, brand recognition, high but declining margin and moderate leverage offset by low revenue growth.

Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short te...

Rating Action: Moody's affirms Block Financial LLC's Baa3 long term, Prime-3 short term ratings; outlook remains negative. Global Credit Research- 14 Jun 2019. $1.5 billion of rated debt.

Block Financial LLC: Update to Rating Rationale following revision of ...

H&R Block Credit Opinion Update including our forward view of the impact of planned strategy changes and expected 2019 tax season results

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