Atlantic American Q4 net income $0.4M vs loss $2.2M YoY; full year loss widens; declares $0.02 dividend

ATLANTIC AMERICAN CORP

Q4 2024 net income $0.4M ($0.02 diluted EPS) compared to Q4 2023 net loss $2.2M (-$0.11 EPS).
Full year 2024 net loss $4.3M (-$0.23 EPS) vs 2023 net loss $0.2M (-$0.03 EPS).
Q4 improvement driven by favorable loss experience in life & health (group life and Medicare supplement).
Full year loss increased due to unfavorable property & casualty claims in automobile liability line.
Board declares annual dividend $0.02/share, payable April 23, 2025 to holders of record April 9, 2025.

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