For the quarter ending 2025-09-30, PLMR has $2,943,546K in assets. $2,065,436K in debts. $111,740K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed maturity securities available for sale, at fair value (amortized cost 1,146,855 in 2025 973,330 in 2024) | 1,141,367 | 1,113,366 | ||
| Equity securities, at fair value (cost 38,482 in 2025 32,987 in 2024) | 52,215 | 49,222 | ||
| Equity method investment | 0 | 0 | ||
| Other investments | 19,534 | 12,405 | ||
| Total investments | 1,213,116 | 1,174,993 | ||
| Cash and cash equivalents | 111,740 | 81,297 | ||
| Restricted cash | 20 | 18 | ||
| Accrued investment income | 10,725 | 10,180 | ||
| Premiums receivable | 463,230 | 490,240 | ||
| Deferred policy acquisition costs, net of ceding commissions and fronting fees | 125,076 | 116,356 | ||
| Reinsurance recoverable on paid losses and loss adjustment expenses | 36,907 | 37,397 | ||
| Reinsurance recoverable on unpaid losses and loss adjustment expenses | 440,559 | 399,471 | ||
| Ceded unearned premiums | 361,260 | 332,970 | ||
| Prepaid expenses and other assets | 113,143 | 120,740 | ||
| Deferred tax assets, net | 2,537 | 3,063 | ||
| Property and equipment, net | 2,695 | 2,929 | ||
| Goodwill and intangible assets, net | 62,538 | 62,837 | ||
| Total assets | 2,943,546 | 2,832,491 | ||
| Accounts payable and other accrued liabilities | 109,391 | 153,760 | ||
| Reserve for losses and loss adjustment expenses | 684,272 | 598,656 | ||
| Unearned premiums | 979,374 | 900,987 | ||
| Ceded premium payable | 253,446 | 293,967 | ||
| Funds held under reinsurance treaty | 37,204 | 37,914 | ||
| Income taxes payable | 1,749 | 10 | ||
| Total liabilities | 2,065,436 | 1,985,294 | ||
| Common stock, 0.0001 par value, 500,000,000 shares authorized, 26,494,524 and 26,529,402 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 3 | 3 | ||
| Additional paid-in capital | 516,355 | 509,161 | ||
| Accumulated other comprehensive income (loss) | -4,092 | -13,633 | ||
| Retained earnings | 365,844 | 351,666 | ||
| Total stockholders' equity | 878,110 | 847,197 | ||
| Total liabilities and stockholders' equity | 2,943,546 | 2,832,491 | ||
Palomar Holdings, Inc. (PLMR)
Palomar Holdings, Inc. (PLMR)