ARCH CAPITAL GROUP LTD
For the period ended Mar 31, 2024. Filed May 9, 2024.
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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, 2024 · Filed May 9, 2024
ACGL$109.14+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
| (Unaudited) | ||
|---|---|---|
| Three Months Ended | ||
| March 31, | ||
| 2024 | 2023 | |
| Comprehensive Income | ||
| Net income (loss) | $1,120 | $717 |
| Other comprehensive income (loss), net of deferred income tax | ||
| Unrealized appreciation (decline) in value of available-for-sale investments: | ||
| Unrealized holding gains (losses) arising during period | (141) | 245 |
| Reclassification of net realized (gains) losses, included in net income (loss) | 29 | 99 |
| Foreign currency translation adjustments | (33) | 5 |
| Comprehensive income (loss) | 975 | 1,066 |
| Net (income) loss attributable to noncontrolling interests | — | (2) |
| Comprehensive income (loss) available to Arch | $975 | $1,064 |
| ARCH CAPITAL | 7 | 2024 FIRST QUARTER FORM 10-Q |
|---|
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
| (Unaudited) | ||
|---|---|---|
| Three Months Ended | ||
| March 31, | ||
| 2024 | 2023 | |
| Non-cumulative preferred shares | ||
| Balance at beginning and end of period | $830 | $830 |
| Common shares | ||
| Balance at beginning and end of period | 1 | 1 |
| Additional paid-in capital | ||
| Balance at beginning of period | 2,327 | 2,211 |
| Amortization of share-based compensation | 68 | 41 |
| Other changes | 6 | 8 |
| Balance at end of period | 2,401 | 2,260 |
| Retained earnings | ||
| Balance at beginning of period | 20,295 | 15,892 |
| Net income (loss) | 1,120 | 717 |
| Net (income) loss attributable to noncontrolling interests | — | (2) |
| Preferred share dividends | (10) | (10) |
| Balance at end of period | 21,405 | 16,597 |
| Accumulated other comprehensive income (loss), net of deferred income tax | ||
| Balance at beginning of period | (676) | (1,646) |
| Unrealized appreciation (decline) in value of available-for-sale investments, net of deferred income tax: | ||
| Balance at beginning of period | (565) | (1,512) |
| Unrealized holding gains (losses) during period, net of reclassification adjustment | (112) | 344 |
| Balance at end of period | (677) | (1,168) |
| Foreign currency translation adjustments, net of deferred income tax: | ||
| Balance at beginning of period | (111) | (134) |
| Foreign currency translation adjustments | (33) | 5 |
| Balance at end of period | (144) | (129) |
| Balance at end of period | (821) | (1,297) |
| Common shares held in treasury, at cost | ||
| Balance at beginning of period | (4,424) | (4,378) |
| Shares repurchased for treasury | (37) | (25) |
| Balance at end of period | (4,461) | (4,403) |
| Total shareholders’ equity | $19,355 | $13,988 |
| ARCH CAPITAL | 8 | 2024 FIRST QUARTER FORM 10-Q |
|---|
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