Ambac Financial Group, Inc.
NYSE•AMBC
CEO: Mr. Claude L. LeBlanc CPA
Sector: Financial Services
Industry: Insurance - Specialty
Listing Date: 2013-05-01
Ambac Financial Group, Inc. operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks. The Insurance Distribution business includes the specialty property and casualty insurance distribution business, which includes managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses. The LFG Insurance business offers financial guarantee insurance policies that provide an unconditional and irrevocable guarantee, which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.
Contact Information
Market Cap
$423.73M
P/E (TTM)
-0.7
22.7
Dividend Yield
--
52W High
$13.64
52W Low
$5.99
52W Range
Rank52Top 60.9%
3.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$66.61M-41.58%
4-Quarter Trend
EPS
-$2.35+298.31%
4-Quarter Trend
FCF
-$41.15M-184.14%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Continuing Operations Net Loss Total net loss reached $(112.62) M, significantly wider than prior year's $(27.50) M loss, impacted by discontinued operations sale adjustments.
Commission Income Rises Commission income grew $13.00 M to $36.06 M, driven by full inclusion of Beat acquisition results in the current quarter.
Loss Expense Decreased Loss and loss adjustment expenses for continuing operations fell $6.03 M to $14.39 M, reflecting favorable mix shift and non-renewals.
Major Asset Divestiture Total assets dropped significantly to $2.15 B from $8.06 T due to the completion of the Ambac Assurance Corporation (AAC) sale in September 2025.
Risk Factors
Volatility in Common Stock Stock price highly volatile; declines possible from adverse financial results, regulatory changes, or market perception impacting business strategy execution.
Reinsurance Counterparty Credit Credit risk exists if reinsurers fail to reimburse Everspan for paid losses, potentially leading to material adverse impact on financial condition.
Executing Growth Strategy Plans to expand P&C and Distribution businesses rely on successful acquisitions, talent retention, and timely integration; failure risks value creation.
Interest Rate Impact on Portfolio Rising interest rates adversely affect investment portfolio fair value; forced sales during liquidity needs could realize losses at discounted prices.
Outlook
Focus on Core Segments Primary goal remains maximizing shareholder value via targeted strategies for Insurance Distribution and Specialty Property & Casualty businesses.
ArmadaCare Acquisition Closed Company closed ArmadaCare acquisition post-period end, adding A&H MGA/U business for diversification and growth in supplemental health products.
Name Change Planned Following the exit from the legacy financial guarantee business, Ambac plans to change its name and begin rebranding in the fourth quarter of 2025.
Capital Needs Management AFG liquidity relies on subsidiary distributions; future capital needs, including ArmadaCare financing, may require seeking additional debt or equity issuance.
Peer Comparison
Revenue (TTM)
$630.73M
$441.82M
$249.54M
Gross Margin (Latest Quarter)
95.6%
TWFG84.5%
71.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CWBC | $450.21M | 13.2 | 9.0% | 2.5% |
| BSRR | $436.43M | 42.4 | 2.9% | 1.3% |
| TWFG | $428.92M | 29.5 | 18.9% | 1.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.7%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 10, 2025|Revenue: $66.61M-41.6%|EPS: $-2.35+298.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $54.96M-47.2%|EPS: $-1.54+7029.6%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 12, 2025|Revenue: $62.76M+26.6%|EPS: $-0.91-306.8%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 6, 2025|Revenue: $235.82M-12.3%|EPS: $-10.71+688.9%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 12, 2024|Revenue: $114.00M+56.2%|EPS: $-0.59-141.0%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 5, 2024|Revenue: $104.00M+67.7%|EPS: $-0.02-92.3%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 6, 2024|Revenue: $49.55M-14.6%|EPS: $0.44-161.1%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 27, 2024|Revenue: $269.00M+401.8%|EPS: $0.18-98.4%Beat