Assured Guaranty Q1 2022 Earnings Report
Key Takeaways
Assured Guaranty reported a net income of $66 million, or $0.98 per share, for the first quarter of 2022. The company's adjusted operating income was $90 million, or $1.34 per share. The company also returned $172 million of capital to shareholders through share repurchases and dividends.
Reduced Puerto Rico net par outstanding by $1.3 billion, a 37% reduction.
Benefit to insurance segment adjusted operating income associated with the exposures covered by the Puerto Rico settlements was $63 million in first quarter 2022.
Adjusted operating income was $90 million, or $1.34 per share, for first quarter 2022.
First quarter 2022 capital returned to shareholders was $172 million, including the repurchase of 2.7 million shares for $155 million, and dividends of $17 million.
Assured Guaranty
Assured Guaranty
Assured Guaranty Revenue by Segment
Forward Guidance
Any forward-looking statements made in this press release reflect the Company’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Revenue & Expenses
Visualization of income flow from segment revenue to net income