Skyward Specialty Insurance Group, Inc. (SKWD)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Mortgage loans | - | -66 | - | - |
| Other | - | 4 | - | - |
| Fixed maturity securities, available-for sale | - | 453 | - | - |
| Equity securities | - | 1,745 | - | - |
| Total | - | 2,202 | - | - |
| Other | - | -54 | - | - |
| Fixed maturity securities, available-for sale | - | -120 | - | - |
| Equity securities | - | -678 | - | - |
| Total | - | -852 | - | - |
| Other | - | 4,477 | - | - |
| Equity securities | - | 1,080 | - | - |
| Fixed maturity securities available for sale | - | 17,288 [1] | - | - |
| Fixed maturity securities held to maturity | - | 815 [1] | - | - |
| Indirect loans and loan collateral | - | -741 [1] | - | - |
| Mortgage loans | - | 661 [1] | - | - |
| Short term investments and cash | - | 3,192 [1] | - | - |
| Equity method investments | - | -1,988 [1] | - | - |
| Equity securities | - | 617 [1] | - | - |
| Other aggregated investments | - | 977 [1] | - | - |
| Total investment income | - | 20,821 [1] | - | - |
| Investment expenses | - | -1,490 [1] | - | - |
| Total investment income | - | 20,821 [2] | - | - |
| Investment expenses | - | -1,490 [2] | - | - |
| Assumed premiums | - | 78,727 | - | - |
| Ceded premiums | - | -163,799 | - | - |
| Direct premiums | - | 385,438 | - | - |
| Mortgage loans | - | - | 866 | -1,030 |
| Other | - | - | 62 | - |
| Fixed maturity securities, available-for sale | - | - | 575 | 331 |
| Equity securities | - | - | 1,591 | 493 |
| Total | - | - | 2,228 | 824 |
| Other | - | - | 128 | 6 |
| Fixed maturity securities, available-for sale | - | - | 11 | 466 |
| Equity securities | - | - | 280 | 417 |
| Total | - | - | 419 | 889 |
| Equity securities | - | - | 7,512 | -730 |
| Total investment income | - | - | 21,149 | 23,915 |
| Investment expenses | - | - | 1,628 | 1,777 |
| Total revenues | 319,903 | 328,527 | 300,888 | 279,942 |
| Other expenses | 1,002 | 1,061 | 1,117 | 1,045 |
| Losses and loss adjustment expenses | 181,262 | 187,309 | 170,521 | 159,054 |
| Interest expense | 1,876 | 1,834 | 2,229 | 2,449 |
| Amortization expense | 372 | 337 | 351 | 360 |
| Underwriting, acquisition and insurance expenses | 85,596 | 86,551 | 79,817 | 76,679 |
| Total expenses | 270,108 | 277,092 | 254,035 | 239,587 |
| Income before income taxes | 49,795 | 51,435 | 46,853 | 40,355 |
| Income tax expense | 10,956 | 9,377 | 10,185 | 9,385 |
| Net income | 38,839 | 42,058 | 36,668 | 30,970 |
| Reclassification adjustment for losses on securities no longer held, net of tax | 3,624 | 182 | - | - |
| Net change in unrealized gains (losses) on investments, net of tax | 11,005 | 12,255 | - | - |
| Total other comprehensive income (loss) | 7,381 | 12,073 | - | - |
| Comprehensive income | 46,220 | 54,131 | 36,668 | 30,970 |
| Net income attributable to common stockholders | - | - | 36,668 | 30,970 |
| Basic (in shares) | 40,445,391 | 40,196,416 | 40,098,345 | 39,177,457 |
| Basic earnings per share (in dollar per share) | 0.96 | 1.05 | 0.91 | 0.79 |
| Diluted (in shares) | 41,871,496 | 41,680,595 | 41,428,557 | 41,168,082 |
| Diluted earnings per share (in dollar per share) | 0.93 | 1.01 | 0.89 | 0.75 |