Welcome to our dedicated page for Associated Cap Group news (Ticker: AC), a resource for investors and traders seeking the latest updates and insights on Associated Cap Group stock.
Associated Capital Group Inc (AC) provides investors and financial professionals with authoritative coverage of corporate developments and market insights. This centralized hub aggregates all material announcements from this diversified financial services firm, including strategic initiatives, regulatory filings, and research publications.
Key updates cover alternative investment strategies, institutional research reports, and capital allocation decisions. Users will find timely information on merger arbitrage activities, private market value analyses, and risk management frameworks that define AC's operational approach.
The repository includes:
- Earnings releases and SEC filings
- Strategic partnership announcements
- Leadership and governance updates
- Research methodology enhancements
- Capital market transactions
Bookmark this page for structured access to AC's financial communications, enabling informed analysis of their global financial services operations. Cross-reference updates with historical context dating to the firm's 1976 establishment.
Associated Capital Group (AC) reported a third-quarter loss of $16.5 million, or $0.75 per share, significantly down from a profit of $1.5 million last year. Total revenues rose to $2.56 million, driven by higher average AUM of $1.75 billion. However, the operating loss reached $3.13 million, and net investment losses ballooned to $17.79 million. The book value per share dropped to $39.96 from $42.24 a year prior. AC's charitable contributions totaled over $34 million since its spin-off, with a $3.3 million allocation approved for shareholders in 2022.
Associated Capital Group (AC) reported preliminary book values for September 30 at $39.81 to $40.01 per share, a decrease from $40.30 as of June 30, 2022. Comparatively, the book values were $42.48 at December 31, 2021, and $42.24 at September 30, 2021. The company’s assets under management grew to $1.75 billion as of September 30, 2022, up from $1.68 billion a year earlier. Further financial details are expected in early November.
Associated Capital Group, Inc. (AC) reported its Q2 2022 financial results with revenues of $2.5 million, up 2.3% year-over-year. However, the company faced a net loss of $29.9 million, contrasting with a profit of $29.7 million in Q2 2021. Assets Under Management (AUM) increased to $1.80 billion, driven by $81 million in net inflows. Book value per share fell to $40.30 from $42.21 year-over-year. The quarter reflected continued market volatility affecting performance, with significant declines in investment income.
GAMCO Investors has established an Office of the CEO and appointed Doug Jamieson as co-CEO alongside Mario Gabelli. With over 40 years at GAMCO, Jamieson has held various pivotal roles since joining in March 1981. He served as Executive Vice President and COO before becoming President and CEO of GAMCO Asset Management. GAMCO is recognized for its value-driven investment strategies, catering to a diversified clientele, including institutions and individual investors. The firm aims to enhance its advisory services through the new leadership structure.
Yieldstreet has appointed Timothy Schott as its new Chief Financial Officer, enhancing its leadership team to drive business growth. Schott, previously CFO of Associated Capital Group (NYSE: AC), brings extensive finance, capital markets, and M&A experience, which is expected to facilitate Yieldstreet’s customer growth and long-term success. His plans include building a robust financial infrastructure to support the company’s next growth phase, aiming to generate $3 billion in income outside traditional markets by 2025.
Associated Capital Group, Inc. (AC) announced preliminary second quarter book value per share between $40.20 and $40.40, down from $41.72 on March 31, 2022, and $42.48 on December 31, 2021. The assets under management increased to $1.80 billion as of June 30, 2022, from $1.61 billion a year earlier. More detailed financial results will be provided in early August.
CIBL, Inc. (OTC: CIBY) has appointed Kenneth D. Masiello as its new Chief Financial Officer. Masiello brings extensive experience, having served as Chief Accounting Officer at Associated Capital Group, Inc. (NYSE: AC) for three years and holding various positions at GE Capital over an 18-year career. CIBL, Inc. focuses on providing high-speed broadband and communications services in northern New Hampshire, covering notable locations like the Omni Mount Washington Hotel and Resort. The company is publicly traded since November 19, 2007.
Associated Capital Group, Inc. (AC) reported financial results for Q1 2022 showing a record AUM of $1.84 billion, up from $1.78 billion at year-end 2021. The company experienced net inflows of $76 million and a minor market appreciation of $2 million. Despite these positive trends, AC reported a net loss of $16.2 million, a significant decline from the $18.6 million net income in Q1 2021. Revenue increased to $2.58 million but was overshadowed by a $15 million decrease in non-operating income, highlighting challenges in the current market environment.
Associated Capital Group, Inc. (AC) reported preliminary book value for Q1 at
GAMCO Investors, Inc. (NYSE:GBL) has appointed Douglas R. Jamieson to its Board of Directors. With over 40 years at GAMCO, Jamieson has held key roles including Executive Vice President and Chief Operating Officer of GAMCO Asset Management and President and CEO of Associated Capital Group since its spinoff in 2015. GAMCO Investors is renowned for its research-driven equity investing and manages various investment strategies through subsidiaries, serving a diverse client base including institutions and individual investors.
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