Ambac/$AMBC

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Ambac

Ambac Financial Group Inc is a financial services holding company. It operates in two principal businesses segments: Insurance Distribution and Specialty Property & Casualty Insurance. Insurance Distribution segment includes Managing General Agents, Underwriters and other appointed and delegated underwriting businesses (collectively MGAs or MGA/Us), an insurance broker, and other distribution and underwriting businesses. Specialty Property & Casualty Insurance includes five carriers (collectively, Everspan). Key revenue is generated from Insurance Distribution.

Ticker

$AMBC

Primary listing

NYSE

Industry

Insurance

Employees

380

ISIN

US0231398845

Ambac Metrics

BasicAdvanced
$327M
-
-$12.27
0.89
-

Bulls say / Bears say

Ambac's Specialty Property and Casualty Insurance segment reported a 158% year-over-year increase in total revenue to $40 million in Q3 2024, driven by business growth and a $7.5 million gain from the sale of Consolidated National Insurance Company. (gurufocus.com)
The acquisition of Beat Capital Partners is expected to enhance Ambac's distribution business, aiming to exceed $1 billion in premium placement by 2025. (gurufocus.com)
Ambac announced a $50 million stock repurchase program, reflecting confidence in future prospects and potentially increasing shareholder value. (gurufocus.com)
Ambac reported a net loss of $28 million, or $0.63 per diluted share, for Q3 2024, primarily due to transaction costs and acquisition-related short-term interest expenses. (gurufocus.com)
The Legacy Financial Guarantee Segment experienced a pre-tax loss of $9.4 million in Q3 2024, primarily due to incurred losses driven by a decline in discount rates. (ambac.com)
Ambac recognized a $570 million expected loss on the sale of the Legacy Financial Guarantee business, which was partially offset by $44 million of net income from the Legacy Financial Guarantee business primarily related to the impact of higher discount rates on losses incurred. (ambac.com)
Data summarised monthly by Lightyear AI. Last updated on 4 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $AMBC

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs