MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

SAFETY INSURANCE GROUP INC (SAFT)

For the quarter ending 2025-06-30, SAFT made $316,344K in revenue. $28,937K in net income. Net profit margin of 9.15%.

Overview

Revenue
$316,344K
Net Income
$28,937K
Net Profit Margin
9.15%
EPS
$1.95
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenue

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Dividend income, operating- 1,487 1,480
Income (loss) from equity method investments- 644 1,650
Interest income, operating- 10,831 11,154
Other interest and dividend income- 86 79
Interest and dividend income, operating- 13,048 14,363
Investment income, investment expense- 838 863
Total revenue316,344 295,282 269,783
Losses and loss adjustment expenses194,232 182,489 172,742
Other expense2,047 1,896 1,747
Interest expense442 124 138
Underwriting, operating and related expenses82,796 77,868 73,921
Total expenses279,517 262,377 248,548
Income before income taxes36,827 32,905 21,235
Income tax expense7,890 7,016 4,599
Net income28,937 25,889 16,636
Earnings per share, basic1.95 1.74 1.13
Earnings per share, diluted1.95 1.73 1.13
Weighted average number of shares outstanding, basic14,744,968 14,838,584 14,698,770
Weighted average number of shares outstanding, diluted14,782,244 14,865,211 14,722,209
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Dividends on equitysecurities$1,415K (-4.39%↓ Y/Y)Equity in earnings ofother invested assets$384K (-76.73%↓ Y/Y)Interest on fixedmaturity securities$14,752K (32.26%↑ Y/Y)Interest on other assets$80K (1.27%↑ Y/Y)Total investmentincome$16,631K (15.79%↑ Y/Y)Commission income$2,285K (12.73%↑ Y/Y)Credit loss expense-$66K (-278.38%↓ Y/Y)Earnings frompartnership investments$346K (-86.05%↓ Y/Y)Finance and otherservice income$6,485K (15.04%↑ Y/Y)Change in netunrealized gains on equity...$7,194K (306.55%↑ Y/Y)Net investmentincome$15,724K (16.47%↑ Y/Y)Net earned premiums$282,113K (14.24%↑ Y/Y)Net realized gainson investments$2,131K (-21.51%↓ Y/Y)Investment expenses$907K (5.10%↑ Y/Y)Total revenue$316,344K (17.26%↑ Y/Y)Income before incometaxes$36,827K (73.43%↑ Y/Y)Total expenses$279,517K (12.46%↑ Y/Y)Net income$28,937K (73.94%↑ Y/Y)Income tax expense$7,890K (71.56%↑ Y/Y)Underwriting, operating andrelated expenses$82,796K (12.01%↑ Y/Y)Interest expense$442K (220.29%↑ Y/Y)Other expense$2,047K (17.17%↑ Y/Y)Losses and lossadjustment expenses$194,232K (12.44%↑ Y/Y)