Bowhead Specialty Holdings Inc.
For the period ended Mar 31, 2026. Filed May 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.
Mar 31, 2026 · Filed May 5, 2026
BOW$34.22+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Unaudited)
| March 31,2026 | December 31, 2025 | |
|---|---|---|
| ($ in thousands, except share data) | ||
| Assets | ||
| Investments | ||
| Fixed maturity securities, available for sale, at fair value (amortized cost of $1,524,297 and $1,364,228, respectively) | $1,520,350 | $1,371,006 |
| Short-term investments, at amortized cost, which approximates fair value | 4,976 | — |
| Total investments | 1,525,326 | 1,371,006 |
| Cash and cash equivalents | 97,185 | 193,545 |
| Restricted cash and cash equivalents | 44,343 | 40,225 |
| Accrued investment income | 11,327 | 10,958 |
| Premium balances receivable | 84,631 | 84,415 |
| Reinsurance recoverable, net | 433,265 | 399,676 |
| Prepaid reinsurance premiums | 192,110 | 191,821 |
| Deferred policy acquisition costs | 40,044 | 35,284 |
| Property and equipment, net | 11,307 | 10,636 |
| Income taxes receivable | 1,426 | 3,073 |
| Deferred tax assets, net | 27,742 | 22,476 |
| Other assets | 10,587 | 8,261 |
| Total assets | $2,479,293 | $2,371,376 |
| Liabilities | ||
| Reserve for losses and loss adjustment expenses | $1,220,800 | $1,129,936 |
| Unearned premiums | 556,416 | 552,594 |
| Reinsurance balances payable | 59,085 | 65,778 |
| Debt | 146,515 | 146,447 |
| Income taxes payable | 6,213 | 314 |
| Accrued expenses | 11,088 | 19,047 |
| Other liabilities | 20,016 | 7,986 |
| Total liabilities | 2,020,133 | 1,922,102 |
| Commitments and contingencies (Note 13) | ||
| Mezzanine equity | ||
| Performance stock units | 1,258 | 1,008 |
| Stockholders' equity | ||
| Common stock | 328 | 328 |
| ($0.01 par value; 400,000,000 shares authorized, 32,838,035 and 32,783,451 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively) | ||
| Additional paid-in capital | 327,987 | 325,889 |
| Accumulated other comprehensive (loss) income | (3,118) | 5,354 |
| Retained earnings | 132,705 | 116,695 |
| Total stockholders' equity | 457,902 | 448,266 |
| Total mezzanine equity and stockholders' equity | 459,160 | 449,274 |
| Total liabilities, mezzanine equity and stockholders' equity | $2,479,293 | $2,371,376 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.