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Dec 31, 2023

Assured Guaranty Q4 2023 Earnings Report

Assured Guaranty reported strong results driven by deferred tax asset establishment and solid performance in key segments.

Key Takeaways

Assured Guaranty reported a strong fourth quarter and full year for 2023, with key per-share measures reaching record highs. GAAP net income was $376 million, or $6.40 per share, and adjusted operating income was $338 million, or $5.75 per share. The company returned $126 million of capital to shareholders during the quarter.

GAAP net income attributable to AGL was $376 million, or $6.40 per share for Q4 2023.

Adjusted operating income was $338 million, or $5.75 per share for Q4 2023.

Gross written premiums were $136 million for Q4 2023.

Capital returned to shareholders in Q4 2023 was $126 million.

Total Revenue
$244M
Previous year: $109M
+123.9%
EPS
$5.75
Previous year: $0.22
+2513.6%
Gross Written Premiums
$136M
Previous year: $131M
+3.8%
Total Capital Returned
$126M
Gross Profit
$184M
Previous year: $138M
+33.3%
Cash and Equivalents
$97M
Previous year: $207M
-53.1%
Total Assets
$12.5B
Previous year: $16.8B
-25.6%

Assured Guaranty

Assured Guaranty

Assured Guaranty Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income