AMBAC Financial Group Inc. Stock News

NEW YORK--(BUSINESS WIRE)--Ambac to Release First Quarter 2025 Earnings on May 12, 2025.

NEW YORK--(BUSINESS WIRE)--Ambac Financial Group Provides Update on the Sale of its Legacy Financial Guarantee Business.

NEW YORK--(BUSINESS WIRE)--Ambac Announces Meeting and Record Date for 2025 Annual Meeting of Stockholders.

Ambac Financial Group saw a stock decline after an earnings miss for Q4. Such a sell-off overlooks the fundamental improvements: profitable underwriting and the build-out of a higher-ROE distribution platform. The sale of the legacy business remains to be approved by Wisconsin, creating a thorn in AMBC's side for the moment.

Ambac Financial Group, Inc. (NYSE:AMBC ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Charles Sebaski - Managing Director and Head of Investor Relations Claude LeBlanc - President and Chief Executive Officer David Trick - Chief Financial Officer Conference Call Participants Deepak Sarpangal - Repertoire Partners LP Operator Ladies and gentlemen, good mornin...

NEW YORK--(BUSINESS WIRE)--Ambac Reports Fourth Quarter and Full Year 2024 Results.

NEW YORK--(BUSINESS WIRE)--Ambac to Release Fourth Quarter 2024 Results on February 26, 2025.

Ambac Financial Group has shifted from guarantee insurance to specialty property-casualty insurance and distribution. Despite a drop in tangible book value per share, the sale of the legacy business and recent acquisitions are expected to improve financials and boost earnings. Ambac Financial faces risks from recent hurricanes and potential delays in the legacy business sale approval, but overa...