earnings
confidence high
sentiment negative
materiality 0.80
AIG Q4 net income $0.35/share, adj. $1.36; declares $0.32 dividend
AMERICAN INTERNATIONAL GROUP, INC.
2022-FY EPS reported
$13.01
revenue$56,437,000,000
- General Insurance full-year underwriting income doubled to $2.0B; combined ratio 91.9% (improved 3.9 pts).
- Life & Retirement Q4 premiums $2.1B; premiums and deposits $8.8B driven by Fixed Annuity sales.
- Q4 net income $264M ($0.35/diluted share) vs $3.7B ($4.38) prior year, down on lower alternative investment income.
- AIG repurchased $779M of common stock in Q4; full-year $5.1B repurchases and $1.0B dividends; shares down 10% YoY.
- Board declared $0.32/common share dividend and $0.365625/depositary share on Series A preferred.