earnings
confidence high
sentiment positive
materiality 0.70
Tiptree FY2021 revenue $1.2B, net income $38.1M, adj. ROE 16.5%
TIPTREE INC.
- FY2021 total revenues $1.2B (up 48% YoY), net income attributable to common $38.1M vs loss $29.2M.
- Diluted EPS $1.09 (FY2020: -$0.86); adjusted net income $63.9M (up 24% from $51.4M).
- Specialty insurer Fortegra: 22% adjusted ROE, premiums and equivalents growth of 32%.
- Book value per share $11.22 (up from $10.90); cash dividend $0.04/sh declared, payable March 28.