---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-004161"
form_type: "8-K"
ticker: "PLMR"
cik: "0001761312"
company_name: "Palomar Holdings, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:30:21.154066+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palomar Q4 adj EPS $1.11, gross premiums +26.8%; guides FY24 adj net income $110-115M

## Summary
- Q4 2023 net income $25.9M ($1.02 diluted EPS); adjusted net income $28.0M ($1.11 diluted EPS), up from $0.82 adjusted EPS in Q4 2022.
- Gross written premiums +26.8% to $303.2M; combined ratio improved to 74.2% (adjusted 68.8%) from 75.5% (adjusted 71.4%).
- Full-year 2023 adjusted net income $93.5M (vs $71.3M in 2022); return on equity 18.5% (adjusted 21.9%).
- Guides FY2024 adjusted net income $110-115M, including ~$3.5M estimated loss from California flooding.
- Net investment income +58.9% to $7.0M; cash & invested assets $741.4M at Dec 31, 2023.

## SEC filing metadata
- accession: 0001437749-24-004161
- form_type: 8-K
- ticker: PLMR
- cik: 0001761312
- company_name: Palomar Holdings, Inc.
- filed_at: 2024-02-14T23:59:59+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/1761312/000143774924004161/0001437749-24-004161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761312/000143774924004161/plmr20231206_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-004161
- JSON: https://secwatch.observer/filing/0001437749-24-004161.json
- Plain text: https://secwatch.observer/filing/0001437749-24-004161.txt

## Key facts
- Earnings Releases
  Palomar Holdings, Inc. updated its full year 2024 guidance (initiated).
  - Period: full year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: Full Year 2024 Outlook For the full year 2024, the Company expects to achieve adjusted net income of $110 million to $115 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000143774924004161/0001437749-24-004161-index.htm
- Earnings Releases
  Palomar Holdings, Inc. reported full year 2023 results: net income $79.2 million. Guidance initiated.
  - Period: full year 2023
  - Net income: $79.2 million
  - Guidance: initiated
  - Result: reported results
  source text: Full Year 2023 Highlights ● Gross written premiums increased by 29.4% to $1.1 billion compared to $881.9 million in 2022 ● Net income of $79.2 million compared to $52.2 million in 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000143774924004161/0001437749-24-004161-index.htm
- Earnings Releases
  Palomar Holdings, Inc. reported fourth quarter of 2023 results: net income $25.9 million, EPS $1.02 per diluted share. Guidance initiated.
  - Period: fourth quarter of 2023
  - Net income: $25.9 million
  - EPS: $1.02 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2023 Results LA JOLLA, Calif. ( February 14, 2024 ) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $25.9 million, or $1.02 per diluted share, for the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000143774924004161/0001437749-24-004161-index.htm

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