Tiptree Inc. announced its fourth quarter and full year 2025 results, reporting a full year net loss from continuing operations of $38.9 million and net income from discontinued operations of $73.8 million. The company disclosed agreements to sell its Fortegra and Reliance First Capital subsidiaries for estimated gross proceeds of $1.17 billion and declared a cash dividend of $0.06 per share.
Key takeaways
The Company agreed to sell Fortegra for $1.65 billion, with estimated gross proceeds to Tiptree of $1.12 billion, anticipating closing in mid-2026.
The Company agreed to sell Reliance First Capital for approximately $50 million, anticipating closing in the first half of 2026.
Pro-forma book value is estimated at $923 million, or $24.40 per share, net of taxes and transaction expenses.
Full year 2025 diluted EPS was $0.76, including $1.80 from discontinued operations and a $(1.04) loss from continuing operations.
A cash dividend of $0.06 per share was declared, payable on March 23, 2026 to stockholders of record on March 16, 2026.