American Coastal Insurance Corporation Reports Financial Results for Its Second Quarter Ended June 30, 2026
American Coastal reported Q2 net income of $21.9 million ($0.44/share), down 17% year-over-year, driven by lower net premiums earned as pricing softened. Underwriting profitability remained robust with a 68.7% underlying combined ratio and core income of $16.5 million, reflecting disciplined risk selection.
Key figures
- Eps
- 0.44
- Revenue
- $82.6 million
- Revenue Yoy
- (4.5%)
- Core roe
- 20.0%
- Net income
- 21896000
- Core income
- 16455000
- Net premiums earned
- 69698000
- Book value per share
- 7.21
- Core income per share
- 0.33
- Gross premiums written
- 216304000
- Underlying combined ratio
- 68.7%
AI analysis
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