Quarterly ResultAug 10, 2026, 04:29 PM
James River Group Q2 Net Income $4.43M; H1 Net Loss $(6.46)M
AI Summary
James River Group Holdings, Inc. reported mixed financial results for the second quarter and first half of 2026. Net income available to common shareholders for Q2 2026 increased to $4.43 million, or $0.10 per basic share, compared to $2.79 million, or $0.06 per basic share, in Q2 2025. However, for the six months ended June 30, 2026, the company recorded a net loss of $(6.46) million, or $(0.14) per basic share, a decline from a net income of $10.40 million, or $0.23 per basic share, in the prior year period. Net earned premiums and total revenues decreased for both the quarter and six-month periods.
Key Highlights
- Q2 2026 net income available to common shareholders was $4.43 million, up from $2.79 million in Q2 2025.
- Q2 2026 basic EPS was $0.10, compared to $0.06 in Q2 2025.
- H1 2026 net loss available to common shareholders was $(6.46) million, versus $10.40 million net income in H1 2025.
- H1 2026 basic EPS was $(0.14), compared to $0.23 in H1 2025.
- Net earned premiums for Q2 2026 decreased to $139.02 million from $152.61 million in Q2 2025.
- Total revenues for Q2 2026 were $161.34 million, down from $174.84 million in Q2 2025.
- Common stock dividend declared remained $0.01 per share for Q2 2026.
- Shareholders' equity decreased to $522.60 million at June 30, 2026, from $538.15 million at Dec 31, 2025.
Price Impact
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