Bowhead Specialty Holdings Inc. (BOW)

NYSE: BOW · Real-Time Price · USD

23.50

-0.31 (-1.30%)

At close: Mar 9, 2026, 4:00 PM EDT

23.51

+0.01 (0.04%)

After-hours: Mar 9, 2026, 7:39 PM EDT

BOW Balance Sheet

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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Investments in Debt Securities	1,371	879.99	554.62	236.89
Other Investments	-	10	8.82	46.04
Total Investments	1,371	889.99	563.45	282.92
Cash & Equivalents	193.55	97.48	118.07	64.66
Reinsurance Recoverable	399.68	255.07	139.39	63.53
Other Receivables	98.45	71.78	44.58	30.72
Deferred Policy Acquisition Cost	35.28	27.63	19.41	13.67
Property, Plant & Equipment	13.44	10.85	8.1	7.15
Restricted Cash	40.23	124.58	1.7	15.99
Other Current Assets	191.82	152.57	116.73	74.54
Long-Term Deferred Tax Assets	22.48	20.34	14.23	11.28
Other Long-Term Assets	5.46	3.97	2.2	0.74
Total Assets	2,371	1,654	1,028	565.21
Accrued Expenses	19.05	18.01	14.9	12.03
Unearned Premiums	552.59	446.85	344.7	231.74
Reinsurance Payable	65.78	51.86	40.44	23.69
Current Portion of Leases	1.42	-	-	-
Current Income Taxes Payable	0.31	1.57	0.04	1.52
Long-Term Debt	146.45	-	-	-
Long-Term Leases	1.57	-	0.7	1.2
Other Long-Term Liabilities	1,135	765.51	435	211.66
Total Liabilities	1,922	1,284	835.78	481.83
Common Stock	0.33	0.33	0.24	0.24
Additional Paid-In Capital	325.89	318.1	178.54	100.2
Retained Earnings	116.7	62.91	24.67	-0.38
Comprehensive Income & Other	6.36	-10.89	-11.37	-16.69
Shareholders' Equity	449.27	370.44	192.08	83.37
Total Liabilities & Equity	2,371	1,654	1,028	565.21
Filing Date Shares Outstanding	32.78	32.66	30.67	24
Total Common Shares Outstanding	32.78	32.66	24	24
Total Debt	149.43	-	0.7	1.2
Net Cash (Debt)	44.11	97.48	117.37	63.46
Net Cash Growth	-54.74%	-16.95%	84.95%	-
Net Cash Per Share	1.31	3.28	4.89	2.64
Book Value Per Share	13.70	11.34	8.00	3.47
Tangible Book Value	449.27	370.44	192.08	83.37
Tangible Book Value Per Share	13.70	11.34	8.00	3.47
Machinery	0.04	0.04	0.13	0.13
Leasehold Improvements	0.03	0.03	0.5	0.5

Source: S&P Capital IQ. Insurance template. Financial Sources.