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Tiptree Reports Q1 2021 Results With Record Revenues and Net Income

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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

)%

 

 

 

 

Tiptree Inc.

NASDAQ:TIPT

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About TIPT

telos asset management llc ("telos"), formerly tricadia loan management llc, is a global credit manager.