earnings
confidence high
sentiment positive
materiality 0.70
Donegal Group Q4 net income $24.0M vs loss $2.0M; FY 2024 net income $50.9M vs $4.4M
DONEGAL GROUP INC
- Net premiums earned Q4 $236.6M (+4.6% YoY); FY $936.7M (+6.2% YoY).
- Combined ratio improved to 92.9% (Q4) and 98.6% (FY) from 106.8% and 104.4%.
- Diluted EPS Class A Q4 $0.70 vs ($0.06); FY $1.53 vs $0.14.
- Net investment income Q4 $12.1M (+12.5% YoY); FY $44.9M (+10.0%).
- Book value per share $15.36 at Dec 31, 2024 vs $14.39 a year ago (+6.7%).