| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 90.40 | 4.5% | 10.1% |
| Total Income | 90.40 | 4.5% | 10.1% |
| Expenditure | 48.69 | 3.2% | 5.7% |
| PBT | 42.37 | 12.8% | 16.0% |
| Net Profit | 32.48 | 22.8% | 15.5% |
| OPM | 46.14% | 4.30pp | 2.23pp |
| NPM | 35.94% | 5.36pp | 1.70pp |
| EPS | 0.67 | 21.8% | 13.6% |
American Coastal Reports Q3 2025 Net Income $32.5 Million
04 May 2026 · 4 May, 8:03 am
Summary
American Coastal Insurance Corporation reported financial results for the third quarter ended September 30, 2025. Net income for the quarter was $32.5 million, compared to $28.1 million for the same period in 2024. Net premiums earned increased by 8.5% year-over-year. The company's combined ratio was 56.9%. B. Bradford Martz, President & Chief Executive Officer, stated that the company delivered another strong quarter, achieving year-over-year gains in both revenue and earnings.
Key Highlights
- 1
American Coastal Insurance Corporation reported a net income of $32.5 million for the third quarter ended September 30, 2025.
- 2
Net premiums earned increased by 8.5% year-over-year to $80.8 million for the third quarter of 2025.
- 3
The company's combined ratio was 56.9% for the third quarter, a decrease from 57.7% in the prior year.
- 4
Book value per common share increased by 37.2% to $6.71 at September 30, 2025, from $4.89 at December 31, 2024.
- 5
Core income for the third quarter was $30.5 million, an increase of 13.1% compared to $26.9 million in the prior year.
- 6
Gross premiums written decreased by 22.8% to $71.8 million for the third quarter ended September 30, 2025.
- 7
The company's cash, restricted cash, and investment holdings increased to $695.0 million at September 30, 2025.
Management Comments
B. Bradford Martz
We delivered another strong quarter, achieving year-over-year gains in both revenue and earnings. Our underwriting results continue to demonstrate our expertise and competitive advantage, with an underlying combined ratio of 57.8% for the third quarter and 62.4% year-to-date, outperforming our 65% target combined ratio. American Coastal is strategically positioned to deliver superior risk-adjusted returns throughout the market cycle, even as market conditions begin to soften, with a disciplined focus on achieving long-term value creation for our stakeholders.
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