ATLANTIC AMERICAN CORP (AAME) Form 10-K — Oct 16, 2026
Atlantic American filed its long-delayed 10-K for fiscal 2025 after three Form 12b-25 extensions, reporting total revenue of $210.4 million and net income of $6.0 million ($0.28 per diluted share), a swing from a $1.4 million net loss in 2024 driven by stronger P&C premiums and Medicare Supplement growth. However, the filing carries heavy accounting and listing baggage: management identified material weaknesses in internal control over financial reporting, revised prior 2024 financials to remove $5.6 million of overstated premium receivables, and disclosed that Bankers Fidelity has also fallen behind on statutory filings with state regulators.
Key figures
- Eps
- 0.28
- Revenue
- 210440000
- Net Income
- 6017000
- Total Assets
- 433937000
- Cash Position
- 43636000
- Shares Outstanding
- 20397228
- Statutory surplus
- 83100000
- Premium revenue 2025
- 196142000
- Am southern combined ratio 2025
- 99.1%
- Bankers fidelity combined ratio 2025
- 97.5%
- Non affiliate market value jun30 2025
- 8591319
AI analysis
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