earnings
confidence high
sentiment negative
materiality 0.65
American Coastal Q1 core EPS $0.42 vs $0.50 YoY; combined ratio 65%
AMERICAN COASTAL INSURANCE Corp
2025-Q1 EPS reported
$0.43
revenue$72,202,000
- Net premiums earned $68.3M, up 9.0% YoY; total revenue $72.2M, +8.4%.
- Core income $20.7M ($0.42 diluted), down 15.3% YoY on higher policy acquisition costs.
- Combined ratio 65.0% (target) vs 53.2% a year ago; underlying combined ratio 68.2%.
- Book value per share $5.40, up 26.5% YoY; tangible book value $4.06 per share.
- Sold Interboro Insurance April 1 for over $26M cash; reinsurance renewal progress by June 1.