Bowhead Specialty Holdings Inc. (BOW)

BOW Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Debt Securities	1,520	1,371	879.99	554.62	236.89
Other Investments	4.98	-	10	8.82	46.04
Total Investments	1,525	1,371	889.99	563.45	282.92
Cash & Equivalents	141.53	233.77	222.06	119.77	80.65
Reinsurance Contract Assets	625.38	591.5	407.64	256.12	138.07
Deferred Acquisition Costs	40.04	35.28	27.63	19.41	13.67
Other Receivables	95.96	95.37	71.19	43.48	30.72
Net Property, Plant & Equipment	11.31	10.64	6.85	7.6	6.05
Other Assets	39.76	33.81	28.9	18.04	13.12
Total Assets	2,479	2,371	1,654	1,028	565.21
Unearned Premiums	556.42	552.59	446.85	344.7	231.74
Claims Reserves	1,221	1,130	756.86	431.19	207.05
Accounts Payable	59.09	65.78	51.86	40.44	23.69
Accrued Expenses	17.3	19.36	19.58	14.94	13.55
Total Debt	146.52	146.45	-	-	-
Other Liabilities	20.02	7.99	8.65	4.51	5.81
Total Liabilities	2,020	1,922	1,284	835.78	481.83
Common Stock	0.33	0.33	0.33	0.24	0.24
Additional Paid-in Capital	327.99	325.89	318.1	178.54	100.2
Accumulated Other Comprehensive Income	-3.12	5.35	-11.15	-11.37	-16.69
Retained Earnings	132.71	116.7	62.91	24.67	-0.38
Total Common Shareholders' Equity	457.9	448.27	370.18	192.08	83.37
Minority Interest	1.26	1.01	0.27	-	-
Shareholders' Equity	459.16	449.27	370.44	192.08	83.37
Total Liabilities & Equity	2,479	2,371	1,654	1,028	565.21
Book Value	457.9	448.27	370.18	192.08	83.37
Book Value Per Share	13.62	13.29	12.47	8.00	3.47
Tangible Book Value	457.9	448.27	370.18	192.08	83.37
Tangible Book Value Per Share	13.62	13.29	12.47	8.00	3.47

Updated May 5, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q