---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021663"
form_type: "8-K"
ticker: "PLMR"
cik: "0001761312"
company_name: "Palomar Holdings, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:19:20.159389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palomar Q2 net income $0.69 EPS, 25% premium growth; raises FY23 guidance to $89-93M adjusted net income

## Summary
- Net income $17.6M ($0.69 diluted EPS) vs $14.6M ($0.57) Q2 2022; adjusted net income $21.8M ($0.86) vs $22.4M ($0.87).
- Gross written premiums $274.3M, up 25.4% YoY; combined ratio 79.0% (adjusted 72.2%).
- Raised full-year 2023 adjusted net income guidance to $89M-$93M (from prior).
- Repurchased 166,482 shares for $8.7M; $50.0M remaining under $100M authorization.
- Catastrophe losses of $2.2M from severe convective storms, loss ratio 2.6%.

## SEC filing metadata
- accession: 0001437749-23-021663
- form_type: 8-K
- ticker: PLMR
- cik: 0001761312
- company_name: Palomar Holdings, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761312/000143774923021663/0001437749-23-021663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761312/000143774923021663/plmr20230717_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021663
- JSON: https://secwatch.observer/filing/0001437749-23-021663.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021663.txt

## Key facts
- Earnings Releases
  Palomar Holdings, Inc. updated its full year 2023 guidance (raised).
  - Period: full year 2023
  - Guidance: raised
  - Result: guidance update
  source text: For the full year 2023, the Company expects to achieve adjusted net income of $89 million to $93 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000143774923021663/0001437749-23-021663-index.htm
- Earnings Releases
  Palomar Holdings, Inc. reported the fiscal quarter ended June 30, 2023 results: net income $17.6 million, EPS $0.69 per diluted share. Guidance raised.
  - Period: the fiscal quarter ended June 30, 2023
  - Net income: $17.6 million
  - EPS: $0.69 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $17.6 million, or $0.69 per diluted share, for the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000143774923021663/0001437749-23-021663-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.