earnings
confidence high
sentiment positive
materiality 0.70
Associated Capital Q2 net income $18.6M ($0.88 EPS), merger arbitrage gross return +5.45%
Associated Capital Group, Inc.
- Net income of $18.6M vs $3.0M in Q2 2024; EPS $0.88 vs $0.14.
- Merger arbitrage strategy gross return +5.45% (+4.19% net); first-half gross return +9.43%.
- AUM $1.34B at June 30, 2025, up from $1.27B at March 31, 2025.
- Book value per share $43.30 vs $42.51 at prior quarter end.
- Board authorized repurchase of up to 150,000 additional Class A shares.
item 2.02item 9.01