Associated Capital Group, Inc. Reports First Quarter Results
Rhea-AI Impact
Rhea-AI Sentiment
Associated Capital Group, Inc. (“AC” or the “Company”), a diversified financial services company, today reported its financial results for the first quarter ended March 31, 2021.
Financial Highlights
($'s in 000's except AUM and per share data)
| (Unaudited) | First Quarter | |||
2021 |
2020 |
|||
| AUM - end of period (in millions) |
|
|
||
| AUM - average (in millions) | 1,431 |
1,688 |
||
| Revenues | 2,325 |
2,962 |
||
| Operating Loss | (6,365) |
(640) |
||
| Investment and other non-operating income, net | 30,681 |
(100,091) |
||
| Income before income taxes | 24,316 |
(100,731) |
||
| Net income/(loss) to shareholders | ||||
| Continuing operatings | 18,555 |
(77,069) |
||
| Discontinued Operations | 0 |
231 |
||
| Net income/(loss) | 18,555 |
(73,355) |
||
| Net income/(loss) per share-diluted |
Associated Capital Group, Inc.
NYSE:ACAC RankingsAC Latest NewsAC Stock Data
690.96M
1.26M
2.07%
71.67%
0.04%
Securities and Commodity Exchanges
Finance and Insurance
United States of America
GREENWICH
About ACassociated capital group, inc. provides investment advisory services in the united states. the company offers alternative investment management and underwriting services, as well as asset management services. it also offers institutional research services to hedge funds and asset managers, as well as affiliated mutual funds and managed accounts. the company was founded in 1976 and is headquartered in greenwich, connecticut.
| |||