AMERICAN COASTAL INSURANCE Corp
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
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, 2026 · Filed Nov 5, 2026
ACIC$10.26+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| REVENUE: | ||||
| Gross premiums written | $74,111 | $71,812 | $439,810 | $498,010 |
| Change in gross unearned premiums | 64,363 | 90,945 | (21,472) | (7,692) |
| Gross premiums earned | 138,474 | 162,757 | 418,338 | 490,318 |
| Ceded premiums earned | (73,022) | (81,939) | (217,577) | (262,785) |
| Net premiums earned | 65,452 | 80,818 | 200,761 | 227,533 |
| Net investment income | 5,881 | 6,416 | 16,362 | 16,720 |
| Net realized investment gains (losses) | (4) | — | 3,266 | 1,382 |
| Net unrealized gains (losses) on equity securities | (625) | 3,161 | 4,136 | 3,429 |
| Total revenue | 70,704 | 90,395 | 224,525 | 249,064 |
| EXPENSES: | ||||
| Losses and loss adjustment expenses | 7,967 | 9,211 | 37,043 | 36,140 |
| Policy acquisition costs | 24,832 | 25,439 | 69,928 | 73,162 |
| General and administrative expenses | 9,518 | 11,321 | 30,487 | 28,605 |
| Interest expense | 2,344 | 2,719 | 7,032 | 8,155 |
| Total expenses | 44,661 | 48,690 | 144,490 | 146,062 |
| Income before other income (loss) | 26,043 | 41,705 | 80,035 | 103,002 |
| Other income (loss) | (80) | 665 | 84 | 3,114 |
| Income before income taxes | 25,963 | 42,370 | 80,119 | 106,116 |
| Provision for income taxes | 6,566 | 9,887 | 19,572 | 25,885 |
| Income from continuing operations, net of tax | $19,397 | $32,483 | $60,547 | $80,231 |
| Income from discontinued operations, net of tax | — | — | — | 42 |
| Net income | $19,397 | $32,483 | $60,547 | $80,273 |
| OTHER COMPREHENSIVE INCOME: | ||||
| Change in net unrealized gains (losses) on investments | (4,142) | 1,391 | (2,874) | 8,645 |
| Reclassification adjustment for net realized investment losses (gains) | 4 | — | (3,266) | (1,382) |
| Income tax benefit related to items of other comprehensive income | — | — | 700 | — |
| Total comprehensive income | $15,259 | $33,874 | $55,107 | $87,536 |
| Weighted average shares outstanding | ||||
| Basic | 47,192,404 | 48,664,597 | 47,939,067 | 48,413,364 |
| Diluted | 48,409,888 | 49,917,729 | 49,140,819 | 49,713,535 |
| Earnings available to ACIC common stockholders per share | ||||
| Basic | ||||
| Continuing operations | $0.41 | $0.67 | $1.26 | $1.66 |
| Discontinued operations | — | — | — | — |
| Total | $0.41 | $0.67 | $1.26 | $1.66 |
| Diluted | ||||
| Continuing operations | $0.40 | $0.65 | $1.23 | $1.61 |
| Discontinued operations | — | — | — | — |
| Total | $0.40 | $0.65 | $1.23 | $1.61 |
Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended
(Unaudited)
| Common Stock · Additional · AccumulatedOther · Retained · Total | |||||||
|---|---|---|---|---|---|---|---|
| Number · Paid-in · Treasury · Comprehensive · Earnings · Stockholders' | |||||||
| of Shares | Dollars | Capital | Stock | Loss | (Deficit) | Equity | |
| June 30, 2025 | 48,746,722 | $5 | $439,502 | $(431) | $(9,794) | $(136,982) | $292,300 |
| Net income | — | — | — | — | — | 32,483 | 32,483 |
| Other comprehensive income, net | — | — | — | — | 1,391 | — | 1,391 |
| Stock compensation | 18,580 | — | 1,047 | — | — | — | 1,047 |
| Issuance of common stock, including exercise of stock options | — | — | — | — | — | — | — |
| September 30, 2025 | 48,765,302 | $5 | $440,549 | $(431) | $(8,403) | $(104,499) | $327,221 |
| Common Stock · Additional · AccumulatedOther · Retained · Total | |||||||
|---|---|---|---|---|---|---|---|
| Number · Paid-in · Treasury · Comprehensive · Earnings · Stockholders' | |||||||
| of Shares | Dollars | Capital | Stock | Loss | (Deficit) | Equity | |
| June 30, 2026 | 47,271,828 | $5 | $442,558 | $(19,872) | $(8,544) | $(73,359) | $340,788 |
| Net income | — | — | — | — | — | 19,397 | 19,397 |
| Other comprehensive loss, net | — | — | — | — | (4,138) | — | (4,138) |
| Stock compensation | (2,311) | — | (453) | — | — | — | (453) |
| Issuance of common stock, including exercise of stock options | 19,672 | — | 85 | — | — | — | 85 |
| September 30, 2026 | 47,289,189 | $5 | $442,190 | $(19,872) | $(12,682) | $(53,962) | $355,679 |
Condensed Consolidated Statements of Stockholders’ Equity for the Nine Months Ended
(Unaudited)
| Common Stock · Additional · AccumulatedOther · Retained · Total | |||||||
|---|---|---|---|---|---|---|---|
| Number · Paid-in · Treasury · Comprehensive · Earnings · Stockholders' | |||||||
| of Shares | Dollars | Capital | Stock | Loss | (Deficit) | Equity | |
| December 31, 2024 | 48,204,962 | $5 | $436,524 | $(431) | $(15,666) | $(184,772) | $235,660 |
| Net income | — | — | — | — | — | 80,273 | 80,273 |
| Other comprehensive income, net | — | — | — | — | 7,263 | — | 7,263 |
| Stock compensation | 319,894 | — | 3,251 | — | — | — | 3,251 |
| Issuance of common stock, including exercise of stock options | 240,446 | — | 774 | — | — | — | 774 |
| September 30, 2025 | 48,765,302 | $5 | $440,549 | $(431) | $(8,403) | $(104,499) | $327,221 |
| Common Stock · Additional · AccumulatedOther · Retained · Total | |||||||
|---|---|---|---|---|---|---|---|
| Number · Paid-in · Treasury · Comprehensive · Earnings · Stockholders' | |||||||
| of Shares | Dollars | Capital | Stock | Loss | (Deficit) | Equity | |
| December 31, 2025 | 48,764,802 | $5 | $439,742 | $(431) | $(7,242) | $(114,509) | $317,565 |
| Net income | — | — | — | — | — | 60,547 | 60,547 |
| Other comprehensive loss, net | — | — | — | — | (5,440) | — | (5,440) |
| Stock compensation | 309,441 | — | 2,363 | — | — | — | 2,363 |
| Issuance of common stock, including exercise of stock options | 19,672 | — | 85 | — | — | — | 85 |
| Treasury share repurchases | (1,804,726) | — | — | (19,441) | — | — | (19,441) |
| September 30, 2026 | 47,289,189 | $5 | $442,190 | $(19,872) | $(12,682) | $(53,962) | $355,679 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.