earnings
confidence high
sentiment positive
materiality 0.80
Assured Guaranty Q2 net income $78M, EPS $1.41; PVP $155M, ABV per share $161.65
ASSURED GUARANTY LTD
2024-Q2 EPS reported
$3.31
revenue$447,000,000
- GAAP net income $78M ($1.41 diluted EPS); adjusted operating income $80M ($1.44 per share).
- Gross written premiums $132M; present value of new business $155M (best direct PVP for Q2 since 2009).
- Adjusted book value per share $161.65, up from prior quarter; shareholders' equity per share $104.15.
- Returned $169M to shareholders: $152M in share repurchases and $17M in dividends in Q2.
- Completed merger of AGM into AG on Aug 1; $300M stock redemption from combined entity in Aug, after $100M from AGM in May.