Palomar Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	56.01	35.82	23.71	13.88	9.08
Net Interest Income Growth	56.33%	51.12%	70.82%	52.83%	5.43%
Non-Interest Income	819.96	518.04	352.22	313.21	238.71
Non-Interest Income Growth	58.28%	47.08%	12.46%	31.21%	49.33%
Revenues Before Loan Losses	875.97	553.86	375.93	327.09	247.79
Revenue	875.97	553.86	375.93	327.09	247.79
Revenue Growth (YoY)	58.16%	47.33%	14.93%	32.00%	47.09%
Other Non-Interest Expenses	621.79	400.39	264.73	257.79	190.57
Total Non-Interest Expense	622.58	402.67	272.28	259.54	190.65
Pretax Income	253.39	151.2	103.64	67.55	57.14
Provision for Income Taxes	56.32	33.62	24.44	15.38	11.29
Net Income	197.07	117.57	79.2	52.17	45.85
Net Income to Common	197.07	117.57	79.2	52.17	45.85
Net Income Growth	67.62%	48.45%	51.81%	13.79%	632.73%
Shares Outstanding (Basic)	27	26	25	25	25
Shares Outstanding (Diluted)	27	26	25	26	26
Shares Change (YoY)	4.81%	3.54%	-1.82%	-1.21%	2.00%
EPS (Basic)	7.40	4.61	3.19	2.07	1.80
EPS (Diluted)	7.17	4.48	3.13	2.02	1.76
EPS Growth	60.05%	43.13%	54.95%	14.77%	633.33%
Free Cash Flow	408.98	260.91	116.09	169.27	87.8
Free Cash Flow Growth	56.75%	124.75%	-31.42%	92.80%	53.06%
Free Cash Flow Per Share	14.88	9.95	4.58	6.56	3.36
Profit Margin	22.50%	21.23%	21.07%	15.96%	18.51%
FCF Margin	46.69%	47.11%	30.88%	51.79%	35.45%
EBITDA	8.93	5.11	4.5	4.12	3.54
EBITDA Margin	1.02%	0.92%	1.20%	1.26%	1.43%
Effective Tax Rate	22.23%	22.24%	23.58%	22.77%	19.76%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.