---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-023111"
form_type: "8-K"
ticker: "ACGP"
cik: "0001642122"
company_name: "Associated Capital Group, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:49:16.384159+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Associated Capital Q2 net income $3.4M vs loss of $29.9M YoY; EPS $0.15 vs -$1.36

## Summary
- Book value per share $41.41 at June 30, 2023 vs $40.30 a year ago.
- AUM decreased to $1.55B from $1.80B, driven by net outflows of $287M.
- Investment and other non-operating income of $8.6M swung from a $35.9M loss YoY.
- Board approved $0.20 per share Shareholder Designated Charitable Contribution.
- Repurchased 211,870 Class A shares for $7.6M at avg $35.95 in Q2.

## SEC filing metadata
- accession: 0001437749-23-023111
- form_type: 8-K
- ticker: ACGP
- cik: 0001642122
- company_name: Associated Capital Group, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1642122/000143774923023111/0001437749-23-023111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1642122/000143774923023111/ac20230517c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-023111
- JSON: https://secwatch.observer/filing/0001437749-23-023111.json
- Plain text: https://secwatch.observer/filing/0001437749-23-023111.txt

## Key facts
- Earnings Releases
  Associated Capital Group, Inc. reported the second quarter ended June 30, 2023 results: revenue $ 2.4 million, net income $3.4 million, EPS $0.15 per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $ 2.4 million
  - Net income: $3.4 million
  - EPS: $0.15 per share
  - Result: reported results
  source text: year to date positive swing reflects market appreciation in the current period versus a decline in the first half of 2022. 1 Second Quarter Results Second quarter revenues were $ 2.4 million compared to $ 2.5 million in the second quarter of 2022 . Total operating expenses, excluding management fee, were $ 5.3 million compared to $ 4.8 million in the comparable 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1642122/000143774923023111/0001437749-23-023111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.