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.

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

BK Earnings: Bank of New York Mellon Q3 2024 earnings climb on higher revenues

The Bank of New York Mellon Corporation (NYSE: BK) on Friday said its adjusted earnings increased in the third quarter of 2024. The financial service provider's assets under management and

BLK Earnings: BlackRock reports better-than-expected Q3 2024 results

Asset management company BlackRock, Inc. (NYSE: BLK) on Friday reported higher revenues and adjusted profit for the third quarter of 2024, which also came in above Wall Street's projections. Third-quarter

JPM Earnings: Key quarterly highlights from JPMorgan’s Q3 2024 financial results

JPMorgan Chase & Co. (NYSE: JPM) reported its third quarter 2024 earnings results today. Reported net revenue increased 7% year-over-year to $42.6 billion. Managed revenue rose 6% to $43.3 billion.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top