American Equity Investment (AEL) Tops Q1 EPS by 52c

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American Equity Reports First Quarter 2020 Results

May 6, 2020 4:15 PM EDT

Company Highlights

First quarter 2020 net income available to common stockholders of $236.3 million or $2.57 per diluted common share First quarter 2020 non-GAAP operating income1 available to common stockholders of $154.1 million or $1.67 per diluted common share First quarter 2020 annuity sales of $705 million Policyholder funds under management of $53.3 billion First quarter 2020 investment spread of 2.64% Estimated risk-based capital ratio of 396% pro forma including May 4th capital contribution

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- During the first quarter of 2020, American Equity Investment Life... More