https://assets.capyfin.com/instruments/678fdc13234e27009c5d5ef0.png avatar
Assured Guaranty
🇧🇲 NYSE:AGO
View Company
OverviewEarningsDividends
•
Mar 31, 2021

Assured Guaranty Q1 2021 Earnings Report

Assured Guaranty reported mixed results with increased new business production and shareholder value measures reaching new highs, offset by a net income decrease due to a write-off and unrealized losses.

Key Takeaways

Assured Guaranty Ltd. reported a net income of $11 million, or $0.14 per share, for the first quarter of 2021. Adjusted operating income was $43 million, or $0.55 per share. New business production generated $86 million of PVP, driven by strong U.S. public finance production.

Net income attributable to Assured Guaranty Ltd. was $11 million, or $0.14 per share.

Adjusted operating income was $43 million, or $0.55 per share.

Capital returned to shareholders was $95 million, including share repurchases of $77 million and dividends of $18 million.

Gross written premiums were $87 million, the highest first-quarter result in four years.

Total Revenue
$103M
Previous year: $103M
+0.0%
EPS
$0.55
Previous year: $0.36
+52.8%
Gross Written Premiums
$87M
Previous year: $64M
+35.9%
Total Capital Returned
$95M
Gross Profit
$99M
Previous year: $72M
+37.5%
Cash and Equivalents
$95M
Previous year: $139M
-31.7%
Total Assets
$16B
Previous year: $13.7B
+16.5%

Assured Guaranty

Assured Guaranty

Assured Guaranty Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Assured Guaranty