The earnings call reflects a positive sentiment with significant growth in premiums, favorable loss experience, and strong financial performance, despite some challenges like increased expenses and a competitive market environment.

Company Guidance

During the AMERISAFE Second Quarter 2025 Earnings Call, the guidance provided highlighted several key financial metrics and strategic initiatives. The company reported a 12.8% growth in voluntary premiums for policies written in the quarter and a 3.4% increase in in-force policy count, supported by a 93.8% renewal retention rate. The industry's combined ratio remained below 100% for 2024, but AMERISAFE noted a potential shift in the market cycle due to factors like California's 8.7% increase in approved loss costs and a 6% rise in medical severity reported by NCCI. AMERISAFE's current accident year loss ratio stood at 71%, and the company experienced $8.6 million in favorable development. The Board reauthorized a $25 million share repurchase program and declared a regular quarterly cash dividend of $0.39 per share. Financially, net income for the quarter was $14 million, or $0.73 per diluted share, and operating net income was $10 million, or $0.53 per diluted share. Gross written premiums increased by 4.3% year-over-year, reaching $79.7 million, despite audit premium headwinds. The expense ratio was 31.3%, reflecting ongoing growth investments, while the effective tax rate stood at 20.1%. AMERISAFE's investment portfolio, predominantly high-quality with an average AA- credit rating, contributed to a tax-equivalent book yield of 3.85%. The company also repurchased 63,000 shares at an average cost of $44.55 during the quarter, supporting a book value per share increase to $13.96. AMERISAFE's capital position remains strong, with a statutory surplus of $257 million.

Growth in Premiums and Policy Count

AMERISAFE reported a 12.8% growth in voluntary premiums for policies written in the quarter and a 3.4% increase in in-force policy count, supported by new business growth and 93.8% renewal retention.

Favorable Loss Experience

AMERISAFE's frequency was down compared to the second quarter of 2024, with a current accident year loss ratio of 71%. The company also reported $8.6 million of favorable development in the quarter.

Share Repurchase Program and Dividend

The Board of Directors approved a $25 million share repurchase program and declared a regular quarterly cash dividend of $0.39 per share.

Strong Financial Performance

The company reported net income of $14 million or $0.73 per diluted share for the second quarter of 2025, an increase from $11 million or $0.57 per diluted share in the same quarter of 2024.

High-Quality Investment Portfolio

AMERISAFE maintains a high-quality investment portfolio with an average AA- credit rating and a tax equivalent book yield of 3.85%.

Amerisafe (AMSF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AMSF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.56 / -	0.58	―	―	―
Jul 24, 2025	2025 (Q2)	0.54 / 0.53	0.58	-8.62% (-0.05)	―
Apr 29, 2025	2025 (Q1)	0.61 / 0.60	0.69	-13.04% (-0.09)	―
Feb 26, 2025	2024 (Q4)	0.63 / 0.67	0.74	-9.46% (-0.07)	―
Oct 23, 2024	2024 (Q3)	0.58 / 0.58	0.61	-4.92% (-0.03)	―
Jul 29, 2024	2024 (Q2)	0.63 / 0.58	0.73	-20.55% (-0.15)	―
Apr 24, 2024	2024 (Q1)	0.70 / 0.69	0.83	-16.87% (-0.14)	―
Feb 21, 2024	2023 (Q4)	0.71 / 0.74	0.84	-11.90% (-0.10)	―
Oct 25, 2023	2023 (Q3)	0.69 / 0.61	0.73	-16.44% (-0.12)	―
Jul 27, 2023	2023 (Q2)	0.72 / 0.73	0.68	7.35% (+0.05)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AMSF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$43.58	$46.23	+6.08%
Apr 29, 2025	$49.41	$46.09	-6.72%
Feb 26, 2025	$50.01	$49.98	-0.06%
Oct 23, 2024	$47.10	$52.09	+10.59%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Amerisafe (AMSF) report earnings?

Amerisafe (AMSF) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Amerisafe (AMSF) earnings time?

Amerisafe (AMSF) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AMSF EPS forecast?

AMSF EPS forecast for the fiscal quarter 2025 (Q3) is 0.56.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing