Last $23.86 USD
Change Today -0.21 / -0.87%
Volume 313.8K
AMBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stuttgart
As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

ambac financial group inc (AMBC) Snapshot

Open
$24.13
Previous Close
$24.07
Day High
$24.22
Day Low
$23.84
52 Week High
03/4/14 - $35.61
52 Week Low
10/9/13 - $15.03
Market Cap
1.1B
Average Volume 10 Days
584.9K
EPS TTM
$10.74
Shares Outstanding
45.0M
EX-Date
--
P/E TM
2.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for AMBAC FINANCIAL GROUP INC (AMBC)

ambac financial group inc (AMBC) Related Businessweek News

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ambac financial group inc (AMBC) Details

Ambac Financial Group, Inc. does not have significant operations. Previously, it provided financial guarantee insurance for public and structured finance obligations; and financial and investment products, including investment agreements, funding conduits, and interest rate swaps principally to the clients of its financial guarantee business. The company was founded in 1971 and is headquartered in New York, New York.

212 Employees
Last Reported Date: 03/3/14
Founded in 1971

ambac financial group inc (AMBC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.3M
Chief Financial Officer, Senior Managing Dire...
Total Annual Compensation: $985.0K
Chief Accounting Officer, Senior Managing Dir...
Total Annual Compensation: $715.0K
Compensation as of Fiscal Year 2013.

ambac financial group inc (AMBC) Key Developments

Ambac Financial Group, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Ambac Financial Group, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net premiums earned of $82,547,000 against $100,256,000 a year ago. Total net investment income was $70,801,000 against $84,514,000 a year ago. Net realized investment gains were $16,289,000 against $46,060,000 a year ago. Net income attributable to common shareholders was $155,942,000 or $3.31 per basic and diluted share against $282,299,000 or $0.93 per basic and diluted share a year ago. Pre-tax income from continuing operations was $159,298,000 against $282,909,000 a year ago. Operating earnings were $176.6 million or $3.75 per diluted share against $297.4 million or $0.98 per diluted share a year ago. Adjusted book value was negative $187.2 million as of March 31, 2014, as compared to negative $280.7 million at December 31, 2013.

Ambac Financial Group, Inc. Presents at Macquarie Financials Growth Conference, Jun-03-2014

Ambac Financial Group, Inc. Presents at Macquarie Financials Growth Conference, Jun-03-2014 . Venue: The Omni Berkshire Place, 21 East 52nd Street, New York NY 10022, United States. Speakers: Abbe F. Goldstein, Managing Director of Investor Relations and Corporate Communications, David Trick, Chief Financial Officer, Senior Managing Director and Treasurer, Diana N. Adams, Chief Executive Officer, President, Director and Director of Ambac Assurance Corporation.

Ambac Financial Group, Inc. to Report Q1, 2014 Results on May 12, 2014

Ambac Financial Group, Inc. announced that they will report Q1, 2014 results at 5:00 PM, Eastern Standard Time on May 12, 2014

 

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AMBC Competitors

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Company Last Change
Assured Guaranty Ltd $23.43 USD -0.03
Syncora Holdings Ltd $1.99 USD +0.019
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AMBC

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Price/Earnings 0.0x Not meaningful
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Price/Cash Flow 0.0x
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