---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016697"
form_type: "8-K"
ticker: "ACGP"
cik: "0001642122"
company_name: "Associated Capital Group, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:54:58.179044+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AC reports Q1 book value $42.80, net income $13.8M, AUM $1.55B

## Summary
- Book value per share $42.80, up from $42.11 at Dec 31, 2023 and $41.30 a year ago.
- Net income $13.8M ($0.64 diluted EPS) vs $17.8M ($0.81) in Q1 2023.
- AUM $1.55B, down $42M from year-end due to net outflows of $43M and currency impact.
- Revenue $3.0M, up from $2.5M; operating loss before mgmt fee $2.99M vs $2.59M.
- Semi-annual dividend $0.10/share payable June 27; repurchased 117,354 Class A shares for $3.9M in Q1.

## SEC filing metadata
- accession: 0001437749-24-016697
- form_type: 8-K
- ticker: ACGP
- cik: 0001642122
- company_name: Associated Capital Group, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1642122/000143774924016697/0001437749-24-016697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1642122/000143774924016697/ac20240419_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016697
- JSON: https://secwatch.observer/filing/0001437749-24-016697.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016697.txt

## Key facts
- Earnings Releases
  Associated Capital Group, Inc. reported the first quarter ended March 31, 2024 results: revenue 3,011, net income 13,821, EPS 0.64.
  - Period: the first quarter ended March 31, 2024
  - Revenue: 3,011
  - Net income: 13,821
  - EPS: 0.64
  - Result: reported results
  source text: Financial Highlights ($ in 000's except AUM and per share data) (Unaudited) Three Months Ended March 31, 2024 2023 AUM - end of period (in millions) $ 1,549 $ 1,799 AUM - average (in millions) 1,556 1,841 Revenues 3,011 2,465 Operating loss before management fee (Non-GAAP) (2,988 ) (2,590 ) Investment and other non-operating income/(loss), net 22,625 24,735 Income/(loss) before income taxes 17,655 19,602 Net income/(loss) 13,821 17,754 Net income/(loss) per share-diluted 0.64 0.81 Class A shares outstanding (000's) 2,469 2,975 Class B " " 18,951 18,963 Total " " 21,420 21,938 Book value per share $ 42.80 $ 41.30
  evidence_url: https://www.sec.gov/Archives/edgar/data/1642122/000143774924016697/0001437749-24-016697-index.htm

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