Ambac Financial Group

Ambac Financial Group, Inc. is a holding company, which engages in the provision of financial guarantee insurance policies through its subsidiary, Ambac Assurance Corp. Its services include credit, insurance, asset management and other financial services. The company was founded on April 29, 1991 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ambac Financial Group reports strong Q4 earnings and strategic growth plans for 2023

Ambac Financial Group's Q4 2022 performance reflects robust financial results and strategic achievements, positioning the company for continued growth.
Everspan Group and Cirrata's performance highlights their potential for future profitability and expansion, contributing positively to Ambac's overall outlook.
While facing strategic decisions and operational challenges, Ambac has opportunities to optimize its business model, expand market presence, and enhance shareholder value.
With a focus on growth and diversification in 2023, Ambac aims to capitalize on its strengths, address challenges effectively, and leverage opportunities for sustained success.

Ambac Financial Group reports Q1 loss, explores legacy business options

Ambac Financial Group's Q1 2023 performance reflected growth in gross premiums and EBITDA for Everspan and Cirrata, offset by a net loss driven by lower derivatives gains. The company's focus on strategic options for legacy businesses and strong growth in Specialty P&C businesses position it for future value creation.

Ambac Financial Group reports Q2 progress amidst challenges and opportunities

Ambac Financial Group's Q2 2023 performance reflected progress in the Specialty P&C business, derisking initiatives, and positive trends in investment income, despite reporting a net loss.
The company demonstrated strengths in proactive risk management, strategic capital allocation, and expectations of moderating litigation expenses, positioning itself for future growth and improved financial performance.
Challenges persist in achieving profitability, managing costs, and sustaining growth for Everspan and Cirrata, highlighting the need for continued focus on operational efficiency and risk mitigation strategies.

Ambac Financial Group reports robust Q3 earnings and strategic growth plans

Ambac Financial Group delivered a strong Q3 performance, with a focus on maximizing shareholder value and generating long-term growth.
Despite challenges such as loss ratio increases and strategic evaluations, the company remains well-positioned for future opportunities.
Market conditions and operational strengths provide a foundation for continued growth and profitability in key segments.
Balancing capital allocation and executing transactions strategically are key priorities to drive value creation and enhance shareholder returns.

Ambac Financial Group reports mixed Q4 performance, eyes growth in 2024

Ambac Financial Group's Q4 2023 performance reflects a mix of achievements and challenges, with a focus on growth in the Specialty P&C Insurance platform and strategic review of the Legacy Financial Guarantee business.
Despite facing a net loss in Q4 2023, the company remains optimistic for 2024, emphasizing opportunities for growth and progress in key business segments.
With strong performance from Everspan and Cirrata, Ambac aims to maintain underwriting profitability and enhance shareholder value, positioning itself for future success and profitability.

Ambac Financial Group reports strong Q1 earnings and focuses on growth opportunities

Ambac Financial Group's Q1 2024 performance showcased solid financial results, with notable growth in net income, premium generation, and investment income. The company's strategic focus on scaling production and assessing legacy business options reflects a forward-looking approach.
While facing challenges in sustaining growth rates and managing legacy operations, Ambac remains well-positioned to capitalize on opportunities in the specialty P&C platform and revenue scaling. Overall, the company's performance and strategic direction indicate a positive outlook for future growth.

Ambac Financial Group reports strong Q3 performance and strategic growth

Ambac Financial Group's Q3 performance showcased strong growth and strategic acquisitions, positioning the company for future success.
While facing challenges with net losses and margin decreases, the company is actively addressing them through cost management and strategic initiatives.
With a focus on seizing opportunities for growth and enhancing shareholder value, Ambac is navigating market conditions and optimizing its business portfolio.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ambac Financial Group, Inc. (AMBC) CEO Claude LeBlanc on Q4 2019 Results - Earnings Call Transcript

NEW YORK, Feb.  10, 2020  (GLOBE NEWSWIRE) -- Financial Guarantors, including Ambac Financial Group, Inc. (NYSE: AMBC), Assured Guaranty Municipal Corp. and Assured Guaranty Corp., subsidiaries of Assured Guaranty Ltd. (NYSE: AGO), National Public Finance Guarantee, a wholly owned subsidiary of MBIA Inc. (NYSE: MBI), and Financial Guaranty Insurance Company (“FGIC”) jointly issued the following statement objecting to what they believe is a flawed Amended Commonwealth Plan Support Agreement disclosed by the Financial Oversight and Management Board for Puerto Rico (the “Oversight Board”):

Financial Guarantors Object to Flawed Amended Commonwealth Plan Support Agreement

NEW YORK, Jan.  22, 2020  (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a financial services holding company whose subsidiary includes Ambac Assurance Corporation ("AAC"), a run-off financial guaranty insurance company that guarantees public finance and structured finance obligations, today announced that it is transferring the listing of its common stock and warrants to the New York Stock Exchange ("NYSE") from the NASDAQ Global Select Market ("NASDAQ"). Ambac’s common stock and warrants will begin trading on the NYSE on February 3, 2020 under its current ticker symbol of “AMBC”. Ambac will continue to trade its common stock and warrants on NASDAQ until the close of the market on January 31, 2020.

Ambac to Transfer Listing to NYSE

Ambac Financial Group, Inc. (AMBC) CEO Claude LeBlanc on Q3 2019 Results - Earnings Call Transcript

Ambac Financial (AMBC) CEO Claude LeBlanc on Q2 2019 Results - Earnings Call Transcript

Ambac Financial Group, Inc. (AMBC) CEO Claude LeBlanc on Q1 2019 Results - Earnings Call Transcript

News for Ambac Financial Group Stock (AMBC)