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Stock impact report

Palomar Holdings, Inc. Reports Third 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 $1.15 per diluted share, for the third quarter of 2024 compared to net income of $18.4 million, or $0.73 per diluted share, for the third quarter of 2023. Adjusted net income was $32.4 million, or $1.23 per diluted share, for the third quarter of 2024 as compared to $23.3 million, or $0.92 per diluted share, for the third quarter of 2023. Third Quarter 2024 Highlights Gross written premiums increased by 32.2% to $415.0 million compared to $314.0 million in the third quarter of 2023 Net income of $30.5 million compared to $18.4 million in the third quarter of 2023 Adjusted net income(1) increased 39.3% to $32.4 million compared to $23.3 million in the third quarter of 2023 Total loss ratio of 29.7% compared to 18.8% in the third quarter of 2023 Catastrophe loss ratio(1) of 9.5% compared to -0.6% in the third quarter of 2023 Combined ratio of 80.5% compared to 75.8% in the third quarter of 2023 Adjusted combined ratio(1) of 77.1% compared to 70.9%, in the thi Show less Read more
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