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American Financial Group AFG Payments to Acquire Mortgage Notes Receivable

Payments to Acquire Mortgage Notes Receivable at other companies

The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$508M+158%
American International Group logo
American International GroupAIG
$70M-6.7%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$603M-5.0%
CNA Financial logo
CNA FinancialCNA

Other financials

Income statement

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Revenue$1.9B-0.1%
Operating income$239.0M+21.3%
Net income$191.0M+24.0%
EPS (diluted)$2.29+24.5%

Balance sheet

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Cash & equivalents$1.4B+6.0%
Total debt$2.0B+19.3%
Total equity$4.7B+6.5%
Total assets$32.4B+6.8%

Cash flow

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Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%
Enterprise value$11.72B-1.2%
P/E12.6×-1.8×
P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp
Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireMortgageNotesReceivable.

The official record: American Financial Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Financial Group's payments to acquire mortgage notes receivable?
American Financial Group (AFG) reported payments to acquire mortgage notes receivable of $15M in Q1 2026.
How has American Financial Group's payments to acquire mortgage notes receivable changed year-over-year?
American Financial Group's payments to acquire mortgage notes receivable decreased by 75.4% year-over-year, from $61M to $15M.
What is the long-term trend for American Financial Group's payments to acquire mortgage notes receivable?
Over 3 years (2021 to 2024), American Financial Group's payments to acquire mortgage notes receivable has grown at a -4.3% compound annual growth rate (CAGR), from $218M to $191M.
What does payments to acquire mortgage notes receivable mean?
Cash spent to purchase mortgage-backed debt instruments.
How do you interpret payments to acquire mortgage notes receivable?
Higher spending indicates a strategic focus on real estate-backed fixed-income assets.
How does payments to acquire mortgage notes receivable compare across companies?
Specific to financial institutions and insurers with real estate lending or investment arms.