As of September 30, 2024, UTG, Inc. reported total assets of $472.96 million, reflecting an increase from $441.71 million at the end of 2023. The company's total investments available for sale also rose to $403.60 million, up from $364.89 million at the end of the previous fiscal year.

On the liabilities side, UTG experienced a decrease, with total liabilities falling to $267.92 million from $280.02 million as of December 31, 2023. This reduction contributed to a significant increase in total shareholders' equity, which rose to $205.04 million, compared to $161.69 million at the end of 2023.

In terms of profitability, UTG reported a net income of $26.34 million for the three months ended September 30, 2024, a substantial increase from $5.23 million for the same period in 2023. For the nine months ended September 30, 2024, net income attributable to common shareholders was $41.94 million, marking a significant recovery from a net loss of $(1.66) million in the same period of the previous year.

Total revenue for the nine months ended September 30, 2024, reached $68.68 million, a notable increase from $16.01 million for the same period in 2023. The company also reported net investment income of $10.94 million for the nine months, up from $9.99 million in the same period of 2023. Additionally, net investment gains surged to $53.29 million, compared to $1.76 million for the same period in the prior year.

Earnings per share for the three months ended September 30, 2024, were both $8.31, a significant increase from $1.64 for the same period in 2023. The company’s cash and cash equivalents at the end of the reporting period were $36.01 million, up from $27.57 million at the end of 2023.