earnings
confidence high
sentiment positive
materiality 0.70
Bowhead Specialty Q4 net income $13.6M; gross premiums +26% to $184.8M, FY +37% to $695.7M
Bowhead Specialty Holdings Inc.
2024-FY EPS reported
$1.29
revenue$425,660,000
- Q4 gross written premiums $184.8M (+26.3% YoY); FY $695.7M (+37%).
- Q4 net income $13.6M ($0.41 diluted EPS); adjusted net income $14.1M ($0.42).
- Casualty division led growth +43.1% to $105.9M; Healthcare +8.8%, Professional +6.5%.
- Baleen tech-enabled underwriting launched Q2 2024; Q4 GWP $1.2M (+175% sequential).
- Net investment income Q4 $12.2M (+79.8%); book value per share $11.34.