American National Insurance Co ANAT Income Statement

American national insurance co (ANAT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Premiums
Other policy revenues
310	305	298	292	288	285	278	261	256	248	296	306	305	306	268	264	257	250	232	227	225	224	224	222	216	210	204	201	200	198	194	191	188	189	188	188	0	0	0
Net investment income
900	1,077	914	953	942	858	1,002	958	946	966	930	916	892	860	872	828	821	834	832	884	923	932	961	979	984	1,016	983	987	981	985	1,007	975	984	968	953	939	0	0	0
Net realized investment gains
38	37	45	12	20	18	50	85	91	104	67	55	51	46	61	47	57	87	84	75	60	48	44	88	132	124	151	134	99	90	84	75	88	100	82	81	0	0	0
Change in investment credit loss
51	6	6	6	0	-	0	0	-	13	16	18	20	17	17	31	31	27	26	8	5	6	4	2	3	4	3	17	21	22	26	0	0	-	0	-	-	0	0
Net gains (losses) on equity securities
-116	422	24	142	132	-107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
50	51	43	44	45	44	44	41	39	37	38	36	36	35	31	32	33	34	35	37	37	36	34	36	37	37	37	33	30	30	29	28	26	25	25	25	0	0	0
Total premiums and other revenues
3,316	4,070	3,531	3,651	3,646	3,326	3,732	3,552	3,434	3,411	3,326	3,276	3,242	3,227	3,232	3,108	3,025	3,017	2,951	2,997	3,034	3,050	3,088	3,127	3,146	3,119	3,057	3,032	2,989	2,987	3,010	2,983	3,013	3,023	3,040	3,053	0	0	0
BENEFITS, LOSSES AND EXPENSES
Policyholder benefits
Life
450	449	429	436	428	417	415	403	407	410	442	439	430	429	409	400	399	386	367	356	347	351	356	356	355	345	341	342	337	340	357	348	351	344	305	304	0	0	0
Annuity
194	218	250	255	264	290	300	315	311	270	248	244	259	296	335	314	257	230	199	188	211	234	256	247	230	193	153	156	158	156	153	145	145	135	159	180	0	0	0
Claims incurred
Health
118	109	113	114	120	122	117	115	106	103	106	117	124	132	138	145	147	146	145	132	132	144	143	144	144	139	142	146	150	155	159	159	162	159	162	169	0	0	0
Property and casualty
1,033	1,042	1,044	1,036	1,044	1,049	1,009	974	949	934	926	922	898	883	869	815	796	776	765	766	759	745	729	731	735	746	753	758	795	793	808	835	845	873	894	936	0	0	0
Interest credited to policyholders’ account balances
366	511	377	404	386	315	429	400	389	415	376	359	351	331	341	310	294	293	297	323	345	353	375	390	398	426	401	411	402	416	440	415	423	405	399	395	0	0	0
Commissions for acquiring and servicing policies
524	532	539	549	558	564	570	572	564	545	524	505	478	465	467	456	445	425	405	391	391	397	398	395	385	371	354	352	354	364	375	392	416	430	458	464	0	0	0
Other operating expenses
525	524	515	505	500	497	493	487	489	485	463	468	472	476	511	514	508	501	496	493	490	485	478	488	497	503	501	487	478	455	451	448	441	461	461	462	0	0	0
Change in deferred policy acquisition costs
7	12	48	58	61	71	57	81	88	81	41	14	3	-1	33	40	22	11	6	-16	-9	-9	-21	-17	-24	-29	-40	-39	-42	-32	-13	-1	25	38	53	66	0	0	0
Total benefits, losses and expenses
3,204	3,375	3,222	3,243	3,241	3,185	3,278	3,189	3,130	3,082	3,046	3,042	3,011	3,017	3,039	2,917	2,825	2,748	2,670	2,668	2,689	2,721	2,757	2,771	2,771	2,756	2,689	2,696	2,718	2,715	2,760	2,747	2,760	2,771	2,787	2,847	0	0	0
Income (loss) before federal income tax and other items
111	694	308	407	405	141	453	363	304	328	279	233	231	210	192	191	200	268	281	329	345	328	330	356	374	362	367	336	270	271	249	235	253	251	252	205	0	0	0
Less: Provision (benefit) for federal income taxes
Current
97	87	82	38	39	24	-4	58	48	49	16	-14	-11	-15	12	50	53	93	92	87	99	77	71	83	82	73	72	56	49	52	49	42	39	46	69	66	0	0	0
Deferred
-61	78	-12	29	27	-22	-110	-155	-153	-142	96	113	107	93	41	-1	0	9	10	25	20	19	37	33	37	34	32	41	20	23	12	11	20	13	1	-11	0	0	0
Total provision (benefit) for federal income taxes
36	165	70	67	67	1	-115	-97	-105	-92	113	99	95	77	53	48	53	103	102	112	119	96	109	116	119	108	105	97	69	75	62	53	60	59	71	55	0	0	0
Income (loss) after federal income tax
74	528	237	340	337	139	568	460	410	421	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Equity in earnings of unconsolidated affiliates
78	103	104	72	62	21	61	70	76	86	62	76	65	57	43	23	21	77	71	59	71	14	22	19	7	16	8	7	6	-3	-4	-0	-3	0	2	-0	0	0	0
Other components of net periodic pension benefit (costs), net of tax
-0	0	-0	-0	0	0	7	8	11	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax (see Note 21)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net income (loss)
154	631	342	412	399	160	622	523	474	495	211	196	193	182	182	166	168	242	250	275	297	246	243	258	262	270	270	246	207	192	182	180	189	191	184	151	0	0	0
Less: Net loss attributable to noncontrolling interest, net of tax
12	11	11	-0	0	1	1	2	2	1	2	1	1	1	-1	-0	-0	-0	1	1	1	1	1	1	3	3	3	2	1	1	0	0	1	1	2	0	0	0	0
Net income (loss) attributable to American National
141	620	331	413	398	158	620	520	472	493	208	194	191	181	184	166	169	242	249	273	296	245	242	257	258	266	266	243	205	191	181	179	188	190	181	150	0	0	0
Amounts available to American National common stockholders
Earnings (loss) per share
Basic (in usd per share)
-8.20	6.37	3.43	3.68	9.60	-4.37	6.45	3.13	0.70	12.81	2.72	1.34	1.48	2.23	2.20	1.21	1.09	2.34	1.56	1.30	3.84	2.57	2.50	2.13	1.95	2.46	3.08	2.17	2.24	2.47	2.21	0.77	1.70	2.12	2.17	1.10	1.79	1.77	1.00
Diluted (in usd per share)
-8.20	6.37	3.43	3.67	9.60	-4.35	6.44	3.12	0.70	12.78	2.72	1.33	1.48	2.21	2.20	1.21	1.09	2.34	1.56	1.30	3.82	2.57	2.49	2.11	1.94	2.44	3.07	2.16	2.23	2.46	2.20	0.76	1.69	2.11	2.16	1.09	1.78	1.76	1.00
Cash dividends to common stockholders (in usd per share)
0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.82	0.80	0.80	0.80	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	-	0.77	0.77	-	-	-	-	-	-	-
Weighted average common shares outstanding (in shares)
26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26
Weighted average common shares outstanding and dilutive potential common shares (in shares)
26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26
Life
Revenue
362	359	358	356	355	350	344	337	332	328	324	323	321	318	315	310	308	305	309	310	307	307	301	297	296	293	287	284	283	281	279	279	277	277	279	276	0	0	0
Annuity
Revenue
122	147	183	189	200	231	247	264	263	222	191	187	208	248	290	272	211	183	152	143	164	190	213	202	189	155	112	119	120	116	114	106	103	94	124	143	0	0	0
Health
Revenue
169	165	166	171	178	180	176	172	160	156	160	162	170	175	179	180	187	196	201	209	213	216	218	217	215	212	214	218	219	223	225	226	230	231	239	249	0	0	0
Property and casualty
Revenue
1,528	1,511	1,505	1,497	1,485	1,466	1,440	1,411	1,384	1,359	1,333	1,305	1,277	1,253	1,230	1,203	1,180	1,153	1,129	1,117	1,106	1,100	1,094	1,085	1,079	1,074	1,068	1,070	1,074	1,082	1,101	1,118	1,126	1,144	1,154	1,152	0	0	0