AMERISAFE Q3 net income fell 12.3% to $10.0 million; $3.50 special dividend declared
AMERISAFE reported third-quarter 2023 net income of $10.0 million, down 12.3% from $11.4 million a year earlier, with diluted EPS of $0.52 versus $0.59. Total revenues rose to $72.6 million from $71.4 million, but net premiums earned fell 1.7% and the net combined ratio rose to 90.6% from 85.4%. The board also declared a $3.50 per share special dividend payable December 15, 2023, to shareholders of record as of December 1, 2023.
Key points
- Q3 2023 net income $10.0 million vs. $11.4 million in Q3 2022; diluted EPS $0.52 vs. $0.59
- Q3 2023 operating EPS $0.61 vs. $0.73 a year earlier; net combined ratio 90.6% vs. 85.4%
- Special dividend of $3.50 per share, payable December 15, 2023, to holders of record as of December 1, 2023
- Regular quarterly dividend of $0.34 per share declared October 24, 2023, on the same payment and record dates
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.