Tiptree Q1 revenue $382M (+17% YoY); adj. net income $17.3M; dividend raised to $0.05

TIPTREE INC.

2023-Q1 EPS reported -$0.03 revenue$381,625,000

Total revenues $381.6M, up 17% from $324.9M in Q1 2022; adjusted net income $17.3M (+12% YoY).
GAAP net loss attributable to common stockholders $(1.1M); diluted EPS $(0.03).
Book value per share $10.91 (+3.8% from $10.51); adjusted return on avg equity 12.9% (15.8% Q1 2022).
Quarterly cash dividend increased to $0.05/share from $0.04; record date May 22, payable May 30.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TIPTREE INC. reported the quarter ended March 31, 2023 results: revenue $ 381,625, net income $ (1,062), EPS $(0.03) per share.

Period: the quarter ended March 31, 2023
Revenue: $ 381,625
Net income: $ (1,062)
EPS: $(0.03) per share
Result: reported results

Exact text from the filing

today announced its financial results for the three months ended March 31, 2023. First Quarter ($ in thousands, except per share information) 2023 2022 Total revenues $ 381,625 $ 324,903 Net income (loss) attributable to common stockholders $ (1,062) $ (960) Diluted earnings per share $ (0.03) $ (0.03) Cash dividends paid per common share $ 0.05 $ 0.04

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

TIPTREE INC. filing history →

Source: SEC EDGAR

accession 0001393726-23-000052

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.