American Equity Investment (AEL) Reports Q3 EPS of $2.54

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American Equity Reports Third Quarter 2019 Results

November 6, 2019 4:15 PM EST

Company Highlights

Third quarter 2019 net income of $37.4 million or $0.41 per diluted common share Third quarter 2019 non-GAAP operating income1 of $233.4 million or $2.54 per diluted common share Third quarter 2019 annuity sales of $1.3 billion Policyholder funds under management of $53.0 billion Third quarter 2019 investment spread of 2.75% Estimated risk-based capital ratio of 366% 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), today reported... More