Conifer Holdings Reports 2024 First Quarter Financial Results
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Conifer Holdings, Inc. (CNFR)
Last conifer holdings, inc. earnings: 2/26 04:01 pm
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US:NASDAQ Investor Relations:
ir.cnfrh.com
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Source: GlobeNewswire
TROY, Mich., May 14, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights (compared to the prior year period) Combined ratio was 96.7%, an improvement of 2.8 percentage points from Q1 2023Expense ratio improved 2.6 percentage points to 34.7%Net investment income increased 18.7% over the prior year period to $1.6 millionNet income allocable to common shareholders of $74,000, or $0.01 per share, based on 12.2 million weighted average shares outstanding Management Comments Nick Petcoff, CEO of Conifer, commented, "We are pleased to see the early signs of progress resulting from our strategic shift away from a risk-bearing carrier revenue model, toward wholesale agency, production-based revenue. Results to date have been encouraging, and we are proud to report a profitable first quarter for Conifer.” Strate
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CNFR
News
- Conifer Holdings Reports 2024 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Conifer Holdings Schedules First Quarter 2024 Earnings Conference Call/Webcast for May 15, 2024GlobeNewswire
- Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue [Yahoo! Finance]Yahoo! Finance
- Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based RevenueGlobeNewswire
- Conifer Announces Commercial Lines Capacity Partnership with Accelerant [Yahoo! Finance]Yahoo! Finance
CNFR
Earnings
- 11/9/23 - Miss
CNFR
Sec Filings
- 5/29/24 - Form 8-K
- 5/16/24 - Form 8-K
- 5/16/24 - Form 8-K
- CNFR's page on the SEC website