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Stock impact report

Palomar Holdings, Inc. Reports First Quarter 2024 Results [Yahoo! Finance]

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
million, or $1.04 per diluted share, for the first quarter of 2024 compared to net income of $17.3 million, or $0.68 per diluted share, for the first quarter of 2023. Adjusted net income was $27.8 million, or $1.09 per diluted share, for the first quarter of 2024 as compared to $20.4 million, or $0.80 per diluted share, for the first quarter of 2023. First Quarter 2024 Highlights Gross written premiums increased by 47.2% to $368.1 million compared to $250.1 million in the first quarter of 2023 Net income of $26.4 million, compared to $17.3 million in the first quarter of 2023 Adjusted net income of $27.8 million, compared to $20.4 million in the first quarter of 2023 Total loss ratio of 24.9% compared to 24.8% in the first quarter of 2023 Combined ratio of 76.9% compared to 77.9% in the first quarter of 2023 Adjusted combined ratio of 73.0%, compared to 73.3%, in the first quarter of 2023 Annualized return on equity of 21.7%, compared to 17.5% in the first quarter of 2 Show less Read more
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