UNITED FIRE GROUP INC (UFCS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Income on other long-term investments | - | 1,793 | - | - |
| Other | - | 3,619 | - | - |
| Interest | - | 21,124 | - | - |
| Total investment income | - | 26,536 | - | - |
| Less investment expenses | - | 3,078 | - | - |
| Available-for-sale | - | -797 | - | - |
| Other long-term investments | - | 39 | - | - |
| Mortgage loans allowance for credit losses | - | 4 | - | - |
| Available-for-sale | - | - | -1,731 | -1,382 |
| Other long-term investments | - | - | 51 | 152 |
| Allowance for credit losses | - | - | - | -1 |
| Total revenues | 335,473 | 331,115 | 322,964 | 301,169 |
| Losses and loss settlement expenses | 193,732 | 189,696 | 187,148 | 201,325 |
| Other underwriting expenses | 35,307 | 39,586 | 36,454 | 34,613 |
| Interest expense | 2,484 | 2,483 | 2,481 | 1,460 |
| Other non-underwriting expenses | 335 | 142 | 481 | 152 |
| Amortization of deferred policy acquisition costs | 74,413 | 77,354 | 71,425 | 67,389 |
| Total benefits, losses and expenses | 306,271 | 309,261 | 297,989 | 304,939 |
| Income (loss) before income taxes | 29,202 | 21,854 | 24,975 | -3,770 |
| Income tax expense (benefit) | 6,255 | 4,154 | 5,227 | -1,035 |
| Net income (loss) | 22,947 | 17,700 | 62,236 | -7,559 |
| Income tax effect | - | - | -352 | -259 |
| Reclassification adjustment for net investment losses included in income | - | - | -1,680 | -1,229 |
| Total reclassification adjustments, before tax | - | - | -1,680 | -1,229 |
| Total reclassification adjustments, after tax | - | - | -1,328 | -970 |
| Income tax effect | - | - | 10,714 | -1,549 |
| Change in net unrealized gain (loss) on investments | - | - | 51,745 | -6,654 |
| Change in liability for underfunded employee benefit plans | - | - | 724 | 724 |
| Foreign currency translation adjustment | - | - | 853 | 35 |
| Other comprehensive income (loss), before tax and reclassification adjustments | - | - | 51,874 | -7,343 |
| Other comprehensive income (loss), after tax, before reclassification adjustments | - | - | 41,160 | -5,794 |
| Comprehensive income (loss) | - | - | 62,236 | -7,559 |
| Basic (in dollars per share) | 0.9 | 0.7 | 0.78 | -0.11 |
| Basic (in shares) | 25,471,114 | 25,391,281 | 25,337,147 | 25,314,456 |
| Diluted (in dollars per share) | 0.87 | 0.67 | 0.76 | -0.11 |
| Diluted (in shares) | 26,390,660 | 26,237,647 | 25,912,313 | 25,314,456 |