American National Group, Inc. (ANAT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ONE MOODY PLAZA GALVESTON, TX 77550-7999 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6311 - Life Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2022 MRQ | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 3,907 | 3,439 | |||
| Cash and cash equivalent | 1,931 | 340 | |||
| Short-term investments | 1,976 | 3,099 | |||
| Total current assets: | 3,907 | 3,439 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 137 | 122 | |||
| Long-term investments and receivables | 920 | ||||
| Long-term investments | 920 | ||||
| Total noncurrent assets: | 137 | 1,042 | |||
| Other undisclosed assets | 27,276 | 24,987 | |||
| TOTAL ASSETS: | 31,320 | 29,468 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 201 | 478 | |||
| Deferred income tax liabilities | 201 | 478 | |||
| Total noncurrent liabilities: | 201 | 478 | |||
| Other undisclosed liabilities | 24,118 | 22,524 | |||
| Total liabilities: | 24,318 | 23,002 | |||
| Equity | |||||
| Equity, attributable to parent | 6,994 | 6,458 | |||
| Common stock | 0 | 0 | |||
| Additional paid in capital | 48 | 48 | |||
| Accumulated other comprehensive income | 147 | 222 | |||
| Retained earnings | 6,799 | 6,188 | |||
| Equity, attributable to noncontrolling interest | 8 | 7 | |||
| Total equity: | 7,002 | 6,466 | |||
| TOTAL LIABILITIES AND EQUITY: | 31,320 | 29,468 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Revenues | 4,392 | 3,792 | ||
| Net investment income | 1,172 | 934 | ||
| Cost of revenue (Policyholder Account Balance, Interest Expense) | (449) | (321) | ||
| Gross profit: | 3,943 | 3,471 | ||
| Operating expenses | (1,212) | (1,069) | ||
| Operating income: | 2,731 | 2,402 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,868) | (1,864) | ||
| Income from continuing operations before equity method investments, income taxes: | 863 | 538 | ||
| Income from equity method investments | 189 | 42 | ||
| Income from continuing operations before income taxes: | 1,052 | 581 | ||
| Income tax expense | (167) | (117) | ||
| Income from continuing operations: | 885 | 464 | ||
| Income before gain (loss) on sale of properties: | ✕ | 885 | 464 | |
| Other undisclosed net income (loss) | (185) | 4 | ||
| Net income: | 700 | 469 | ||
| Net loss attributable to noncontrolling interest | (1) | (1) | ||
| Net income available to common stockholders, diluted: | 699 | 468 | ||
Comprehensive Income ($ in millions)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Net income: | 700 | 469 | ||
| Other comprehensive income (loss) | (75) | 123 | ||
| Comprehensive income: | 625 | 591 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (1) | ||
| Comprehensive income, net of tax, attributable to parent: | 624 | 590 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.