Tiptree Reports Q1 2021 Results With Record Revenues and Net Income
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 three months ended March 31, 2021.
($ in thousands, except per share information) |
Three Months Ended March 31, |
||||||
GAAP: |
2021 |
|
2020 |
||||
Total revenues |
$ |
294,688 |
|
|
$ |
129,671 |
|
Net income (loss) attributable to common stockholders |
$ |
28,581 |
|
|
$ |
(60,007 |
) |
Diluted earnings per share |
$ |
0.81 |
|
|
$ |
(1.74 |
) |
Cash dividends paid per common share |
$ |
0.04 |
|
|
$ |
0.04 |
|
Return on average equity |
31.8 |
% |
|
(64.1 |
)% |
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|
|
|
|
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Tiptree Inc
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TIPT Stock Data
688.39M
23.25M
38.18%
38.7%
0.47%
Insurance - Specialty
Fire, Marine & Casualty Insurance
United States
GREENWICH
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