NASDAQ$AMSF

Amerisafe Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

AMERISAFE reported Q3 2025 revenue of $310.0M, net income of $45.0M, diluted EPS of $2.15.

For Q3 2025, AMERISAFE reported Revenue was $310.0M, net income was $45.0M, diluted EPS was $2.15. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $310.0M for Q3 2025.
  • Net income $45.0M.
  • Diluted EPS $2.15.

Headline financials

Total Revenue

$82M

Previous: $78.7M+4.2%
EPS (adj)

$2.15

Previous: $0.75+186.7%
Net Combined Ratio

90.6%

Previous: 90.9%-0.3%
Return on Average Equity

20.5%

Previous: 18.6%+10.2%
Book Value Per Share

$14.47

Previous: $16.50-12.3%
Current Accident Year Loss Ratio

71.0%

Previous: 71.0%+0.0%
Prior Accident Year Loss Ratio

-12.5%

Previous: -12.6%+0.8%
Net Loss Ratio

58.5%

Previous: 58.4%+0.2%
Net Underwriting Expense Ratio

31.1%

Previous: 31.7%-1.9%
Pre-tax Investment Yield

3.2%

Previous: 3.4%-5.9%
Tax-equivalent Yield

3.9%

Previous: 3.8%+2.6%
Capital Expenditures

-$1.98M

Previous: -$826K-139.1%
Net Income

$13.8M

Previous: $14.3M-3.5%
Operating Income

$17.5M

Previous: $32.8M-46.7%

Revenue & EPS history

Amerisafe · Revenue · Quarterly

$82M

Q3 2025+4.2%vs Q3 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Regional banks and insurers emphasize NIM, credit quality, and capital returns.

Tailwinds

  • Loan growth and fee income diversification.
  • Capital ratios support dividends and buybacks.

Headwinds

  • Deposit costs and credit losses may pressure earnings.
  • Commercial real estate exposure remains a watch item.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.7%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+13.7%

Q4 2012

Best reaction

-12.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%+5.9%+3.6%
Q4 2025-8.9%-7.0%-11.3%
Q3 2025+0.6%+1.0%+2.7%
Q2 2025-0.8%-0.8%-4.0%
Q1 2025-1.4%+1.3%+2.1%
Q4 2024-0.1%+0.2%+3.6%
Q3 2024+10.6%+8.1%+15.6%
Q2 2024-5.5%-7.0%-2.1%
Q1 2024-10.0%-11.6%-12.4%
Q4 2023+1.3%+4.2%-0.1%
Q3 2023-1.8%-2.2%-0.6%
Q2 2023-5.7%-5.6%-8.3%
Q1 2023+4.7%+5.5%-2.5%
Q4 2022-2.1%-2.9%-12.0%
Q3 2022+8.0%+9.2%+7.6%
Q2 2022-5.7%-6.1%+2.0%
Q1 2022+7.0%+3.7%+10.0%
Q4 2021-12.6%-12.2%-6.7%
Q3 2021+2.2%+5.5%-6.9%
Q2 2021+0.6%+1.5%+1.4%
Q1 2021-0.4%+3.1%+5.1%
Q4 2020+1.1%-0.4%+10.0%
Q3 2020+1.6%+3.4%-3.5%
Q2 2020-1.0%-1.3%+4.4%
Q1 2020-0.4%-2.6%-4.0%
Q4 2019+8.9%+6.7%-24.2%
Q3 2019+7.5%+9.9%+5.7%
Q2 2019-0.1%-2.0%+4.7%
Q1 2019+1.0%+2.7%+0.6%
Q4 2018+2.0%-0.1%-4.0%
Q3 2018+5.5%+5.6%+1.6%
Q2 2018+1.1%-0.7%+1.6%
Q1 2018+8.5%+4.9%+6.0%
Q4 2017-0.9%-4.5%-5.4%
Q3 2017+5.7%+6.0%+8.1%
Q2 2017+2.9%+1.2%-5.8%
Q1 2017-11.7%-12.2%-21.0%
Q4 2016+3.9%-0.8%-2.4%
Q3 2016+2.5%-0.7%+16.0%
Q2 2016-6.4%-10.7%-5.6%
Q1 2016+5.8%
Q4 2015+1.1%
Q3 2015+5.3%
Q2 2015+6.9%
Q1 2015-2.8%
Q4 2014-3.5%
Q3 2014-1.5%
Q2 2014+0.8%
Q1 2014-2.2%
Q4 2013+12.0%
Q3 2013-0.6%
Q2 2013-5.7%
Q1 2013-1.1%
Q4 2012+13.7%
Q3 2012-1.2%
Q2 2012+3.9%
Q1 2011+1.0%
Q1 2012+2.9%
Q4 2009+0.1%
Q4 2011+0.1%
Q4 2010+0.1%
Q3 2010-0.9%
Q3 2011-0.9%
Q2 2010-0.7%
Q2 2011-0.7%
Q1 2010-0.7%

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