Assured Guaranty Q3 net income rises to $171 million; adjusted operating income falls
Assured Guaranty reported third quarter 2024 GAAP net income of $171 million, or $3.17 per diluted share, up from $157 million, or $2.60, a year earlier. Adjusted operating income, the measure management uses for its core results, fell to $130 million, or $2.42 per share, from $206 million, or $3.42, partly because the 2023 period included a $241 million pre-tax gain from the Sound Point and AHP transactions.
Key points
- GAAP net income was $171 million, or $3.17 per diluted share, for Q3 2024, versus $157 million, or $2.60, for Q3 2023; the company cited a $54 million foreign exchange gain among pre-tax adjustments.
- Adjusted operating income was $130 million, or $2.42 per share, versus $206 million, or $3.42, in Q3 2023.
- Q3 2024 capital returned to shareholders totaled $147 million, including $131 million of share repurchases and $16 million of dividends.
- On November 8, 2024, the board authorized an additional $250 million of share repurchases; about $385 million remained authorized as of that date.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.