Overview
UTG
UTG doesn't feel the need to spell out United Trust Group anymore, but it is still a life insurance holding company. Universal Guaranty Life Insurance, American Capitol Insurance, and other subsidiaries offer individual life insurance as well as third-party administration (TPA) services for other providers. UTG's Roosevelt Equity subsidiary provides investment brokerage services to the company's insurance customers, while other subsidiaries handle
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Read More UTG's real estate investments. Some 20 general agents represent the company's products and focus on retaining and expanding current customer policies. CEO Jesse Correll owns about two-thirds of the company.
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Read More UTG's real estate investments. Some 20 general agents represent the company's products and focus on retaining and expanding current customer policies. CEO Jesse Correll owns about two-thirds of the company.
Read Less
Jesse T Correll
See more contacts
Insurance Carriers
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Insurance Carriers and Related Activities
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Finance and Insurance
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Life insurance
Activities Related to Credit Intermediation
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Agencies, Brokerages, and Other Insurance Related Activities
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Depository Credit Intermediation
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Nondepository Credit Intermediation
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
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Modelled
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Actual
$84.91 million
Actual
204.16%
1,755.81%
$476
DEC
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OTC:UTGN
Contacts
Get in Touch with 4 Principals* and 20 Contacts
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Jesse T CorrellPresident and Chairman of the Board and Chief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$84.91 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | -$2 | -$10 | -$5 |
Net Investing Cash | $27 | $7 | $26 |
Net Financing Cash | -$21 | -$1 | -$6 |
Net Change in Cash | $4 | -$4 | $15 |
Cash at Beginning of Period | $41 | $45 | $31 |
Cash at End of Period | $45 | $41 | $45 |
Capital Expenditure | $ | $ | $ |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $45 | $41 | $45 |
Accounts Receivable | $28 | $29 | $29 |
Inventories | $ | $ | $ |
Other Current Assets | $ | $ | $ |
Asset Summary | |||
Total Current Assets | $ | $ | $ |
Tangible Fixed Assets | $ | $ | $ |
Intangible Assets | $ | $ | $ |
Total Assets | $477 | $442 | $448 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $4 | $4 | $4 |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $ | $ | $ |
Liability Summary | |||
Total Current Liabilities | $ | $ | $ |
Long-Term Debt | $ | $19 | $19 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $266 | $280 | $290 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | $181 | $131 | $132 |
Equity Summary | |||
Total Equity | $210 | $161 | $158 |
Shares Outstanding | 3,157,765 | 3,165,320 | 3,164,809 |