earnings
confidence high
sentiment neutral
materiality 0.60
Assured Guaranty Q4 net income $94M ($1.52/sh); FY22 adjusted op income $267M
ASSURED GUARANTY LTD
- Q4 2022 GAAP net income $94M ($1.52 diluted EPS); adjusted operating income $14M ($0.22/sh).
- Full-year 2022 GAAP net income $124M ($1.92/sh); adjusted operating income $267M ($4.14/sh).
- Insurance segment adjusted operating income $413M in FY22; PVP $375M, GWP $360M.
- Returned $567M to shareholders in FY22: $503M share repurchases (8.8M shares, ~13% of outstanding) and $64M dividends.
- Asset Management segment had $1.4B AUM inflows in FY22; adjusted operating loss $6M.