Categories Earnings, Finance

American International Group (NYSE: AIG): Q4 2019 Earnings Snapshot

— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected.

— Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share last year.

American International Group (AIG) Q4 2019 Earnings Infograph

— Total consolidated net investment income increased to $3.6 billion from $2.8 billion in the prior-year quarter.

— Reported book value per common share of  $74.93, up 15% from Q4 2018.

— Return on common equity was 5.3% for the 12 months ended December 31, 2019.

— AIG stock was trading flat immediately after the earnings announcement in the pre-market session.

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