Tiptree Reports Second Quarter 2019 Results
US:NASDAQ Investor Relations: tiptreefinancial.com
Revenues of $191.1 million for the quarter, up 25.1% from the prior year period.Net income before non-controlling interests of $12.2 million for the quarter, an increase of $11.3 million from the prior year period, driven by improved insurance operating performance and realized and unrealized gains on investments.Operating EBITDA(1) of $12.7 million for the quarter, a decrease of $2.3 million, or 15.3% from the prior year period, driven by re-balancing of our investment portfolio.Book value per share(2) as of June 30, 2019 was $11.47, which including dividends paid represents a 8.1%(3) year over year return.Declared a dividend of $0.04 per share to stockholders of record on August 19, 2019 with a payment date of August 26, 2019. NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), a holding company that combines specialty insurance operations with investment management, today announced its financial results for the six months ended June 30, 2019.Summa
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TIPT
News
- AM Best Affirms Credit Ratings of Fortegra Financial Corporation’s Insurance SubsidiariesBusiness Wire
- Tiptree Inc. to Present at the 2020 KBW Virtual Insurance Conference on Friday, September 11Business Wire
- Tiptree Inc. to Present at the Virtual Midwest IDEAS Investor Conference on Wednesday, August 26 via WebcastBusiness Wire
- Fortegra Financial Corporation Announces $200 Million Senior Secured Credit FacilityBusiness Wire
- Tiptree Inc. (TIPT) CEO Jonathan Ilany on Q2 2020 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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TIPT
SEC Filings
- 9/18/20 - Form 4
- 9/16/20 - Form 4
- 9/14/20 - Form 4
- TIPT's page on the SEC website
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