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AAME Stock Price Correlated With Atlantic American Financials

AAME Stock Price vs. Quarterly
AAME
Income Statement
Cash Flow
Balance Sheet

AAME Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

AAME Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

AAME Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Dimensional Fund Advisors
357,092 sh
 
$850
Bridgeway Capital Management
196,521 sh
-5,039 sh
-2%
$468
$77
Biglari, Sardar
159,760 sh
115 sh
0%
$391
$83
Vanguard Group
119,179 sh
-4,423 sh
-4%
$292
$53
Geode Capital Management
55,436 sh
 
$132
Foster Victor Wealth Advisors
44,000 sh
 
$112
Renaissance Technologies
33,400 sh
300 sh
1%
$0
Blackrock.
28,926 sh
-887 sh
-3%
$70
$13
Northernrp
28,239 sh
-467 sh
-2%
$69
$13
Teton Advisors.
20,000 sh
-2,000 sh
-9%
$49
$7
Gratus Capital
18,335 sh
 
$44
Investors Asset Management Of Georgia Inc /Ga/
18,000 sh
18,000 sh
NEW
$43
$43
Independent Advisor Alliance
13,101 sh
13,101 sh
NEW
$32
$32
Susquehanna International Group,
12,299 sh
-10,669 sh
-46%
$29
-$16
HB Wealth Management
10,000 sh
 
$24
Tower Research Capital (Trc)
4,251 sh
-518 sh
-11%
$10
$1
Royal Bank Of Canada
272 sh
135 sh
99%
$1
Wells Fargompany/Mn
31 sh
1 sh
3%
$0
Morgan Stanley
0 sh
-18 sh
-100%
$0
JPMorgan Chase
0 sh
-3 sh
-100%
$0
COMPANY PROFILE
Note 1.

Summary of Significant Accounting Policies

Principles of Consolidation

The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United
States of America (“GAAP”) which, for insurance companies, differ in some respects from the statutory accounting practices prescribed or permitted by regulatory authorities. These financial statements include the accounts of Atlantic American
Corporation (“Atlantic American” or the “Parent”) and its subsidiaries (collectively with the Parent, the “Company”). All significant intercompany accounts and transactions have been eliminated in consolidation. Operating results achieved in any
historical period are not necessarily indicative of results to be expected in any future period.

At December 31, 2021, the Parent owned four
insurance subsidiaries, Bankers Fidelity Life Insurance Company and its wholly-owned subsidiary, Bankers Fidelity Assurance Company (together known as “Bankers Fidelity”), and American Southern Insurance Company and its wholly-owned subsidiary,
American Safety Insurance Company (together known as “American Southern”), in addition to one non-insurance subsidiary, xCalibre Risk
Services, Inc. The Parent has issued a guarantee of all liabilities of Bankers Fidelity.

Premium Revenue and Cost Recognition

Life insurance premiums are recognized as revenue when due; accident and health insurance premiums are recognized as revenue over the premium paying
period and property and casualty insurance premiums are recognized as revenue over the period of the contract in proportion to the amount of insurance protection provided. Losses, benefits and expenses are accrued as incurred and are associated
with premiums as they are earned so as to result in recognition of profits over the lives of the contracts. For traditional life insurance and long-duration health insurance, this association is accomplished by the provision of a future policy
benefits reserve and the deferral and subsequent amortization of the costs of acquiring business, which are referred to as “deferred policy acquisition costs” (principally commissions, premium taxes, and other incremental direct costs of issuing
policies). Deferred policy acquisition costs (“DAC”) are amortized over the estimated premium-paying period of the related policies using assumptions consistent with those used in computing the future policy benefits reserve. The Company provides
for insurance benefits and losses on accident, health, and property-casualty claims based upon estimates of projected ultimate losses. DAC for property and casualty insurance and short-duration health insurance is amortized over the effective
period of the related insurance policies. Contingent commissions, if contractually applicable, are ultimately payable to agents based on the underlying profitability of a particular insurance contract or a group of insurance contracts, and are
periodically evaluated and accrued as earned. In periods in which revisions are made to the estimated loss reserves related to the particular insurance contract or group of insurance contracts subject to such commissions, corresponding adjustments
are also made to the related accruals. DAC is expensed when such costs are deemed not to be recoverable from future premiums (for traditional life and long-duration health insurance) and from the related unearned premiums and investment income (for
property and casualty and short-duration health insurance).

Intangibles

Intangibles consist of goodwill and other indefinite-lived intangible assets. Goodwill represents the excess of cost over the fair value of net
assets acquired and is not amortized. Other indefinite-lived intangibles represent the value of licenses and are not amortized. The Company periodically reviews its goodwill a

Free historical financial statements for Atlantic American Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2012. Compare with AAME stock chart to see long term trends.

Data imported from Atlantic American Corp SEC filings. Check original filings before making any investment decision.