earnings
confidence high
sentiment negative
materiality 0.75
AMERISAFE Q1 net income down 47% to $8.9M; operating EPS $0.60
AMERISAFE INC
2025-Q1 EPS reported
$0.47
revenue$72,597,000
- Net premiums earned $68.9M (+0.6% YoY); gross premiums written $83.8M (+4.6%).
- Net income $8.9M ($0.47 diluted EPS) vs $16.9M ($0.88) in Q1 2024; operating earnings $11.4M ($0.60 EPS).
- Net combined ratio 89.1% vs 87.3% as underwriting expense ratio rose to 29.9%.
- Regular quarterly dividend increased 5.4% to $0.39 per share; payable June 20, 2025.
- Book value per share $13.69, up 1.3% from Dec 31, 2024; return on avg equity 13.8%.