Tiptree Q3 revenue up 19% to $494M; EPS $0.29 vs $0.04 YoY; dividend raised to $0.06

TIPTREE INC.

2024-Q3 EPS reported $0.83 revenue$1,539,256,000

Q3 2024 total revenues $494.4 million, up 18.7% from $416.5 million a year ago.
Net income attributable to common stockholders $11.9 million, diluted EPS $0.29 (vs $2.2 million, $0.04).
Adjusted net income $27.9 million, adjusted ROAE 24.8% (vs $17.9 million, 17.9% YoY).
Quarterly dividend increased to $0.06 per share; payable November 25, record date November 18.

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