MERCURY GENERAL CORP
For the period ended Mar 31, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
MCY$84.21+1.8%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations for the Three Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues: | ||
| Net premiums earned | $1,283,069 | $1,166,679 |
| Net investment income | 81,479 | 65,018 |
| Net realized investment gains | 23,321 | 38,192 |
| Other | 6,010 | 4,196 |
| Total revenues | 1,393,879 | 1,274,085 |
| Expenses: | ||
| Losses and loss adjustment expenses | 1,220,813 | 903,965 |
| Policy acquisition costs | 228,720 | 196,040 |
| Other operating expenses | 79,453 | 77,087 |
| Interest | 7,189 | 7,773 |
| Total expenses | 1,536,175 | 1,184,865 |
| (Loss) income before income taxes | (142,296) | 89,220 |
| Income tax (benefit) expense | (33,969) | 15,758 |
| Net (loss) income | $(108,327) | $73,462 |
| Net (loss) income per share: | ||
| Basic | $(1.96) | $1.33 |
| Diluted | $(1.96) | $1.33 |
| Weighted average shares outstanding: | ||
| Basic | 55,389 | 55,371 |
| Diluted | 55,389 | 55,372 |
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