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Palomar Holdings, Inc. (PLMR)

For the quarter ending 2025-06-30, PLMR made $206,320K in revenue. $49,537K in net income. Net profit margin of 24.01%.

Overview

Revenue
$206,320K
Net Income
$49,537K
Net Profit Margin
24.01%
EPS
$1.68
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenues
    • Net unrealized gains (losses) on...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Net unrealized losses on equity method investment- -18 - -
Net unrealized gains on other investments- 196 - -
Net realized investment losses- -428 - -
Change in allowance for credit losses- 244 - -
Net unrealized (losses) gains on equity securities- -2,332 - -
Investment expense- -211 - -
Dividend income- 317 - -
Interest income- 11,965 - -
Total revenues203,311 174,633 148,503 131,069
Losses and loss adjustment expenses46,183 38,743 40,315 30,431
Other underwriting expenses45,525 35,733 28,129 31,233
Interest expense86 85 87 225
Acquisition expenses, net of ceding commissions and fronting fees51,637 46,359 41,469 35,806
Total expenses143,431 120,920 110,000 97,695
Income before income taxes59,880 53,713 38,503 33,374
Income tax expense13,352 10,791 8,006 7,645
Net income46,528 42,922 30,497 25,729
Net unrealized gains (losses) on securities available for sale3,009 10,203 17,916 -1,550
Net comprehensive income49,537 53,125 48,413 24,179
Basic (in shares)26,756,095 26,658,106 25,766,697 24,946,987
Basic earnings per share (in dollars per share)1.74 1.61 1.18 1.03
Diluted (in shares)27,628,733 27,399,997 26,479,566 25,617,916
Diluted earnings per share (in dollars per share)1.68 1.57 1.15 1
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Casualty$128,222K Crop$39,464K Earthquake Premiums$147,702K Fronting Premium$60,869K Inland Marine And OtherProperty$120,031K Gross writtenpremiums$496,288K (28.84%↑ Y/Y)Net writtenpremiums$229,782K (30.56%↑ Y/Y)Ceded writtenpremiums$266,506K (27.40%↑ Y/Y)Commission and other income$1,677K (111.74%↑ Y/Y)Net realized andunrealized gains on...$8,306K (25856.25%↑ Y/Y)Net investmentincome$13,370K (67.96%↑ Y/Y)Net earned premiums$179,958K (47.16%↑ Y/Y)Change in unearnedpremiums-$49,824K (7.25%↑ Y/Y)Total revenues$203,311K (55.12%↑ Y/Y)Income before incometaxes$59,880K (79.42%↑ Y/Y)Total expenses$143,431K (46.82%↑ Y/Y)Net income$46,528K (80.84%↑ Y/Y)Net unrealizedgains (losses) on...$3,009K (294.13%↑ Y/Y)Income tax expense$13,352K (74.65%↑ Y/Y)Acquisition expenses, net ofceding commissions and...$51,637K (44.21%↑ Y/Y)Interest expense$86K (-61.78%↓ Y/Y)Other underwritingexpenses$45,525K (45.76%↑ Y/Y)Losses and lossadjustment expenses$46,183K (51.76%↑ Y/Y)Net comprehensiveincome$49,537K (104.88%↑ Y/Y)