Ambac Financial Group

Ambac Financial Group, Inc. (“Ambac”), headquartered in New York City, is a holding company whose subsidiaries, including its principal operating subsidiary, Ambac Assurance Corporation (“Ambac Assurance”), Everspan Financial Guarantee Corporation, and Ambac Assurance UK Limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. Ambac Assurance, including the Segregated Account of Ambac Assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. Ambac is also exploring opportunities involving the development or acquisition of new financial services businesses.
Type
Public
HQ
New York, US
Size (employees)
171 (est)
Website
ambac.com
Ambac Financial Group is headquartered in New York, US

Ambac Financial Group Office Locations

Ambac Financial Group has offices in New York, London and Milano
New York, US (HQ)
1 State Street Plaza
Milano, IT
20 Via Vittor Pisani
London, GB
21 Great Winchester St

Ambac Financial Group Data and Metrics

Ambac Financial Group Financial Metrics

Ambac Financial Group's revenue was reported to be $819.5 m in FY, 2016
USD

Net income (Q1, 2017)

(125.4 m)

Market capitalization (18-Aug-2017)

822 m

Cash (31-Mar-2017)

118.8 m
Ambac Financial Group's current market capitalization is $822 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

629.6 m910.9 m819.5 m

Revenue growth, %

45%(10%)

Net Income

504.8 m504.8 m74.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

205.3 m436.3 m214.9 m497 m106 m9.4 m67.8 m169.2 m(125.4 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

77.4 m73.9 m35.7 m91 m

Accounts Receivable

2.2 m

Inventories

4.2 m

Goodwill

514.5 m514.5 m

Total Assets

27.1 b25.2 b23.7 b22.6 b

Accounts Payable

294.8 m304.1 m355.5 m4.6 m

Total Debt

1.1 b

Total Liabilities

20.7 b

Additional Paid-in Capital

185.7 m189.1 m190.8 m195.3 m

Retained Earnings

505.2 m1.5 b1.6 b

Total Equity

978.4 m2 b2 b

Debt to Equity Ratio

0.6 x

Debt to Assets Ratio

0 x

Financial Leverage

27.7 x12.1 x11.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

26.6 m34 m27.1 m29.1 m23 m21.2 m118.8 m

Inventories

6.3 m6.1 m5.5 m5.7 m5.5 m5.1 m4.6 m4.5 m4.2 m

Goodwill

514.5 m514.5 m514.5 m514.5 m

Total Assets

27.7 b26.6 b25.4 b25.5 b24.3 b23.7 b23.2 b24 b22.8 b

Additional Paid-in Capital

188.1 m188.6 m189.5 m190.4 m190 m191.9 m193.1 m194.4 m196.8 m

Retained Earnings

1.6 b1.7 b1.4 b

Total Equity

2 b1.6 b2 b2.1 b2.2 b1.9 b

Financial Leverage

12.5 x14.9 x11.8 x11.2 x11 x12.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

504.8 m504.8 m504.8 m74.3 m

Depreciation and Amortization

2 m2 m2 m1.2 m

Accounts Payable

58 m58 m58 m66.4 m

Cash From Operating Activities

186.9 m186.9 m186.9 m843.5 m

Cash From Investing Activities

(247.5 m)(247.5 m)(247.5 m)(714.6 m)

Cash From Financing Activities

(15 m)(69.7 m)

Interest Paid

170 k

Income Taxes Paid

1.7 m1.7 m1.7 m21.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

205.3 m436.3 m214.9 m497 m106 m9.4 m67.8 m169.2 m(125.4 m)

Depreciation and Amortization

501 k1.2 m791 k1.5 m2.1 m303 k635 k920 k270 k

Accounts Payable

15.5 m37.5 m18.3 m34.9 m30.9 m16.2 m24.6 m45.2 m4.9 m

Cash From Operating Activities

39.6 m84.3 m5.6 m38.3 m80.9 m827.7 m870.3 m825.5 m(2.6 m)

Cash From Investing Activities

(168.7 m)(196.6 m)(3 m)(14.7 m)(181.9 m)(814 m)(830.2 m)(773.2 m)167.6 m

Cash From Financing Activities

(3.3 m)(12.1 m)(49.9 m)54.2 m(64.9 m)(137.6 m)

Interest Paid

28.8 m

Income Taxes Paid

336 k336 k4.9 m9.7 m15.2 m6.5 m7.7 m10.1 m8.3 m
Y, 2017

Financial Leverage

12.1 x

Ambac Financial Group Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

In-Force Policies

325330324323293308299296282289298

    Ambac Financial Group Market Value History

    Ambac Financial Group Revenue Breakdown

    Traffic Overview of Ambac Financial Group

    Ambac Financial Group News and Updates

    UPDATE 1-Corzine, others settle most litigation over MF Global collapse

    NEW YORK, July 21 (Reuters) - Jon Corzine has settled a lawsuit by the trustee for the former New Jersey governor's company MF Global Holdings Ltd, as part of a $132 million accord to end much of the remaining litigation over the brokerage's 2011 collapse.

    Ambac Financial Group Company Life and Culture

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