Financial insights of ANG-PA

MyFinsight

For the quarter ending 2024-09-30, ANG-PA made $2,004M in revenue. -$299M in net income. Net profit margin of -14.92%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2024-09-30	2024-06-30
Total revenues	2,004	2,115
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired	289	199
Change in fair value of insurance-related derivatives and embedded derivatives	-344	-21
Interest expense	49	43
Operating expenses	228	335
Interest sensitive contract benefits	523	390
Change in fair value of market risk benefits	-134	-139
Policyholder benefits and claims incurred	846	1,030
Total benefits and expenses	2,413	2,157
Net income (loss) before income taxes	-409	-42
Income tax expense (benefit)	-77	-289
Net income (loss)	-332	247
Less net income (loss) attributable to noncontrolling interests	-44	3
Net income (loss) attributable to american national group inc. stockholders	-288	244
Less preferred stock dividends	11	-
Net income (loss) attributable to american national group inc. common stockholder	-299	-