AMERICAN COASTAL INSURANCE Corp
For the period ended Sep 30, 2025. Filed Nov 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.
Sep 30, 2025 · Filed Nov 6, 2025
ACIC$10.26+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Income (Unaudited)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| REVENUE: | ||||
| Gross premiums written | $71,812 | $93,016 | $498,010 | $507,066 |
| Change in gross unearned premiums | 90,945 | 67,162 | (7,692) | (31,168) |
| Gross premiums earned | 162,757 | 160,178 | 490,318 | 475,898 |
| Ceded premiums earned | (81,939) | (85,692) | (262,785) | (275,400) |
| Net premiums earned | 80,818 | 74,486 | 227,533 | 200,498 |
| Net investment income | 6,416 | 6,110 | 16,720 | 15,474 |
| Net realized investment gains (losses) | — | (3) | 1,382 | (124) |
| Net unrealized gains on equity securities | 3,161 | 1,543 | 3,429 | 1,542 |
| Total revenue | 90,395 | 82,136 | 249,064 | 217,390 |
| EXPENSES: | ||||
| Losses and loss adjustment expenses | 9,211 | 11,774 | 36,140 | 39,525 |
| Policy acquisition costs | 25,439 | 20,942 | 73,162 | 44,476 |
| General and administrative expenses | 11,321 | 10,289 | 28,605 | 33,479 |
| Interest expense | 2,719 | 3,067 | 8,155 | 9,212 |
| Total expenses | 48,690 | 46,072 | 146,062 | 126,692 |
| Income before other income | 41,705 | 36,064 | 103,002 | 90,698 |
| Other income | 665 | 453 | 3,114 | 2,074 |
| Income before income taxes | 42,370 | 36,517 | 106,116 | 92,772 |
| Provision for income taxes | 9,887 | 8,848 | 25,885 | 22,321 |
| Income from continuing operations, net of tax | $32,483 | $27,669 | $80,231 | $70,451 |
| Income from discontinued operations, net of tax | — | 450 | 42 | 321 |
| Net income | $32,483 | $28,119 | $80,273 | $70,772 |
| OTHER COMPREHENSIVE INCOME: | ||||
| Change in net unrealized gains on investments | 1,391 | 7,529 | 8,645 | 7,404 |
| Reclassification adjustment for net realized investment losses (gains) | — | 3 | (1,382) | 124 |
| Total comprehensive income | $33,874 | $35,651 | $87,536 | $78,300 |
| Weighted average shares outstanding | ||||
| Basic | 48,664,597 | 48,066,358 | 48,413,364 | 47,742,744 |
| Diluted | 49,917,729 | 49,521,246 | 49,713,535 | 49,255,071 |
| Earnings available to ACIC common stockholders per share | ||||
| Basic | ||||
| Continuing operations | $0.67 | $0.58 | $1.66 | $1.48 |
| Discontinued operations | — | 0.01 | — | 0.01 |
| Total | $0.67 | $0.59 | $1.66 | $1.49 |
| Diluted | ||||
| Continuing operations | $0.65 | $0.56 | $1.61 | $1.43 |
| Discontinued operations | — | 0.01 | — | 0.01 |
| Total | $0.65 | $0.57 | $1.61 | $1.44 |
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