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Stock impact report

Palomar Holdings, Inc. Reports Second Quarter 2022 Results

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
LA JOLLA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $14.6 million, or $0.57 per diluted share, for the second quarter of 2022 compared to $12.3 million, or $0.47 per diluted share, for the second quarter of 2021. Adjusted net income(1) was $18.7 million, or $0.73 per diluted share, for the second quarter of 2022 as compared to $13.2 million, or $0.51 per diluted share, for the second quarter of 2021. Second Quarter 2022 Highlights Gross written premiums increased by 69.1% to $218.7 million compared to $129.4 million in the second quarter of 2021Net income of $14.6 million, compared to $12.3 million in the second quarter of 2021Adjusted net income(1) of $18.7 million, compared to $13.2 million in the second quarter of 2021Total loss ratio of 17.9% compared to 13.3% in the second quarter of 2021Combined ratio of 75.1% compared to 76.0% in the second quarter of 2021Adjusted combined ratio(1) of 69.1 Show less Read more
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