Tiptree Q1 EPS $0.34; amends Fortegra deal by removing NYDFS condition

TIPTREE INC.

2026-Q1 EPS reported $0.34

Q1 GAAP EPS $0.34; net income $14.2M, continuing ops loss $7.1M, discontinued ops profit $21.4M.
Fortegra sale ($1.65B) amended to remove NYDFS approval condition; license surrender by May 5, 2026.
Returned $5.0M via share repurchases at avg $16.13; declared $0.06 dividend (record May 18, pay May 26).
Pro-forma book value estimated $912M ($23.80/diluted share) post-closing of Fortegra and mortgage sales.
Reliance First mortgage sale expected mid-2026 with estimated $50M gross proceeds.

item 1.01 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 financial results for the three months ended March 31, 2026.

Period: the three months ended March 31, 2026
Result: reported results

Exact text from the filing

On April 30, 2026 Tiptree issued a press release announcing its results of operations for the three months ended March 31, 2026.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TIPTREE INC. amended First Amendment to Agreement and Plan of Merger with DB Insurance Co., Ltd. (effective 2026-04-28).

Action: amendment
Agreement: merger
Counterparty: DB Insurance Co., Ltd.
Effective: 2026-04-28

Exact text from the filing

On April 28, 2026, Tiptree Inc., a Maryland corporation (“ Tiptree ” or the “ Company ”), The Fortegra Group, Inc., a Delaware corporation and subsidiary of the Company (“ Fortegra ”), DB Insurance Co., Ltd., incorporated and existing under the laws of the Republic of Korea (“ Purchaser ”), and DB Insurance North America Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Purchaser (“ Merger Sub ”), entered into that certain First Amendment to Agreement and Plan of Merger (the “ Amendment ”), which amends the Agreement and Plan of Merger, dated as of September 26, 2025 (as amended, the “ Merger Agreement ”), by and among the Company, Fortegra, Purchaser and Merger Sub.

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TIPTREE INC. filing history →

Source: SEC EDGAR

accession 0001393726-26-000025

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