Atlantic American Q2 net income up to $3.3mln, revenue increases.

Tuesday, Aug 12, 2025 2:17 pm ET2min read

• Atlantic American Corporation reports Q2 net income of $3.3 million, up from $0.7 million in 2024. • Net income per diluted share at $0.15, up from $0.04 in 2024. • Operating income increases $2.7 million in Q2 2025. • Premium revenue and unrealized gains on equity securities drive growth. • Digital data not specifically mentioned in the article.

Atlantic American Corporation (Nasdaq: AAME) reported robust financial results for the second quarter of 2025, with net income of $3.3 million, a significant turnaround from the $0.7 million loss in the same period last year. The company's net income per diluted share improved to $0.15, up from $0.04 in Q2 2024. Operating income increased by $2.7 million in Q2 2025, driven by premium revenue growth and unrealized gains on equity securities [1][3].

The company's Q2 2025 revenue was $55.29 million, with pretax profit at $4.22 million and cash and investments at $280.282 million. Premium revenue within key insurance lines, such as inland marine and Medicare supplement, contributed to the operating income growth. Unrealized gains on equity securities also played a substantial role in the net income increase, rising to $2.6 million from $0.2 million in the previous year [2][3].

Atlantic American's total assets reached $429.3 million as of June 30, 2025, with book value per share increasing to $4.94 from $4.61 at the end of 2024. The company's strong performance in Q2 2025 demonstrates a remarkable turnaround, with a $3.3 million profit compared to a $0.7 million loss in Q2 2024. The six-month performance shows similar strength, with $4.1 million profit compared to a $2.7 million loss in the prior year period [3].

Atlantic American's Chairman, President, and Chief Executive Officer, Hilton H. Howell, Jr., stated, "We are pleased to report exceptional financial results this quarter, marked by a significant increase in net income and continued improvement in operating income. Our property & casualty and life & health segments each delivered strong earned premium growth, supported by steady new business momentum and retention of existing contracts. These results underscore the resilience of our business model, the effectiveness of our growth strategy and the benefits of our diversified product offerings. Looking ahead to the second half of the year, we believe we are well-positioned to deliver sustained, profitable growth and drive long-term value creation for our shareholders."

Atlantic American Corporation is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries. Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company, and Atlantic Capital Life Assurance Company.

References:
[1] Reuters. (2025, Aug 12). Atlantic American Corporation Q2 net income hits $3.3 mln, reversing loss. Retrieved from https://www.tradingview.com/news/reuters.com,2025-08-12:newsml_PLX4CB202:0-brief-atlantic-american-corporation-q2-net-income-usd-3-316-million/
[2] Reuters. (2025, Aug 12). Atlantic American Q2 net income reaches $3.3 mln, reversing prior yr loss. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_PLX4CB202:0-atlantic-american-corporation-q2-net-income-hits-3-3-mln-reversing-loss/
[3] Stocktitan. (2025, Aug 12). Atlantic American Corporation reports second quarter results for 8x3zj3brw751. Retrieved from https://www.stocktitan.net/news/AAME/atlantic-american-corporation-reports-second-quarter-results-for-8x3zj3brw751.html

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