AMERISAFE Q3 net income down 12% to $10M; declares $3.50 special dividend

AMERISAFE INC

Net income $9.96M ($0.52 diluted EPS) vs $11.36M ($0.59) in Q3 2022, down 12.3%.
Gross premiums written up 3.9% to $70.8M; net combined ratio 90.6% vs 85.4% last year.
Special cash dividend of $3.50/share declared, payable Dec 15 to holders of record Dec 1.
Regular quarterly dividend $0.34/share, up 9.7% from prior year.
Book value per share $17.51, up 5.7% from year-end 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERISAFE INC reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On October 25, 2023, AMERISAFE, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2023.

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AMERISAFE INC filing history →

Source: SEC EDGAR

accession 0001193125-23-263212

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