American Equity Investment (AEL) Tops Q2 EPS by 14c

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American Equity Reports Second Quarter 2019 Results

August 5, 2019 4:15 PM EDT

Company Highlights

Second quarter 2019 net income of $18.6 million or $0.20 per diluted common share Second quarter 2019 non-GAAP operating income1 of $99.6 million or $1.09 per diluted common share Second quarter 2019 annuity sales of $1.5 billion Policyholder funds under management of $52.4 billion Second quarter 2019 investment spread of 2.63% Estimated risk-based capital ratio of 369% compared to 360% at December 31, 2018

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs),... More