earnings
confidence high
sentiment positive
materiality 0.80
Associated Capital reports record 2021 results: EPS $2.68, AUM $1.78B, book value $42.48
Associated Capital Group, Inc.
2021-FY EPS reported
$2.68
revenue$20,924,000
- FY2021 net income $59.2M vs $18.8M in 2020; diluted EPS $2.68 vs $0.84 YoY.
- AUM reaches record $1.78B at year-end, up from $1.35B; net inflows of $356M for the year.
- Book value per share record $42.48 vs $40.36 a year ago; Q4 net income $9.4M ($0.43 diluted EPS).
- Company eyes launch of a Private Equity Fund; semi-annual dividend $0.10 per share paid Dec. 15.
- Q4 merger arbitrage net return 1.73%; full-year 2021 net return 7.78% (35 of 37 years positive).