See more : tZERO Group, Inc. (TZROP) Income Statement Analysis – Financial Results
Complete financial analysis of NI Holdings, Inc. (NODK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of NI Holdings, Inc., a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
You may be interested
- F & M Bank Corp. (FMBM) Income Statement Analysis – Financial Results
- C.Uyemura & Co.,Ltd. (CUYRF) Income Statement Analysis – Financial Results
- Vector Limited (VCT.NZ) Income Statement Analysis – Financial Results
- Outback Oil & Mineral Exploration Corp. (OUTB) Income Statement Analysis – Financial Results
- Galore Resources Inc. (GALOF) Income Statement Analysis – Financial Results
NI Holdings, Inc. (NODK)
Industry: Insurance - Property & Casualty
Sector: Financial Services
Website: https://www.niholdingsinc.com
About NI Holdings, Inc.
NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 365.70M | 324.44M | 323.97M | 306.36M | 270.78M | 212.37M | 189.14M | 164.31M | 146.19M | 137.71M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 365.70M | 324.44M | 323.97M | 306.36M | 270.78M | 212.37M | 189.14M | 164.31M | 146.19M | 137.71M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 365.70M | 7.79B | -312.58M | -254.50M | -237.07M | -173.96M | -166.76M | -158.28M | -120.45M | -117.54M |
| Operating Expenses | 365.70M | 7.79B | -312.58M | -254.50M | -237.07M | -173.96M | -166.76M | -158.28M | -120.45M | -117.54M |
| Cost & Expenses | 365.70M | 393.47M | 312.67M | 253.54M | 236.97M | 173.80M | 167.13M | 158.20M | 120.32M | 117.51M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 87.17M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.28M | 1.18M | 1.17M | 5.93M | 2.25M | 4.00M | 543.00K | 498.00K | 575.00K | 424.00K |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.45M | 20.63M |
| EBITDA Ratio | 0.00% | 6.16% | 3.88% | 18.86% | 13.28% | 19.97% | 12.12% | 3.97% | 18.00% | 14.95% |
| Operating Income | 0.00 | 18.82M | 11.39M | 51.86M | 33.71M | 38.41M | 22.39M | 6.03M | 25.74M | 20.17M |
| Operating Income Ratio | 0.00% | 5.80% | 3.52% | 16.93% | 12.45% | 18.09% | 11.84% | 3.67% | 17.61% | 14.65% |
| Total Other Income/Expenses | -4.26M | -87.85M | -312.67M | -253.54M | -236.97M | -168.63M | -167.13M | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -4.26M | -69.03M | 11.31M | 52.82M | 33.81M | 38.57M | 22.01M | 6.12M | 25.87M | 20.21M |
| Income Before Tax Ratio | -1.17% | -21.28% | 3.49% | 17.24% | 12.49% | 18.16% | 11.63% | 3.72% | 17.70% | 14.67% |
| Income Tax Expense | 963.00K | -15.25M | 2.97M | 11.47M | 7.31M | 7.33M | 6.39M | 1.48M | 8.29M | 6.40M |
| Net Income | -5.48M | -53.78M | 8.42M | 40.39M | 26.40M | 31.08M | 15.99M | 4.55M | 17.46M | 13.77M |
| Net Income Ratio | -1.50% | -16.57% | 2.60% | 13.18% | 9.75% | 14.64% | 8.45% | 2.77% | 11.94% | 10.00% |
| EPS | -0.26 | -2.52 | 0.39 | 1.86 | 1.19 | 1.39 | 0.71 | 0.20 | 1.03 | 0.81 |
| EPS Diluted | -0.26 | -2.52 | 0.39 | 1.84 | 1.19 | 1.39 | 0.71 | 0.20 | 1.03 | 0.81 |
| Weighted Avg Shares Out | 21.16M | 21.33M | 21.42M | 21.77M | 22.18M | 22.36M | 22.51M | 22.76M | 17.00M | 17.00M |
| Weighted Avg Shares Out (Dil) | 21.16M | 21.33M | 21.66M | 21.94M | 22.27M | 22.39M | 22.51M | 23.00M | 17.00M | 17.00M |
NI Holdings, Inc. Announces Leadership Transition
FARGO, N.D., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (the “Company”, NASDAQ: NODK) announced today the appointment of Seth C. Daggett as President and Chief Executive Officer (CEO), effective December 1, 2024. Mr. Daggett brings over two decades...
NI Holdings, Inc. Reports Results for Third Quarter Ended September 30, 2024
FARGO, N.D., Nov. 07, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended September 30, 2024.
A Deal For NI Holdings Where Everyone Wins
American Family Insurance is selling its non-standard auto insurance business to Sentry Insurance, signaling the potential for more mutual insurance deals. NI Holdings, Inc. is undervalued, trading at 75% of FCTBV, and has failed to justify its public existence with...
NI Holdings, Inc. Announces Leadership Change
FARGO, N.D., Aug. 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that Michael J. Alexander has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board...
NI Holdings, Inc. Reports Results for Second Quarter Ended June 30, 2024
FARGO, N.D., Aug. 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2024.
NI Holdings, Inc. Completes the Sale of Westminster American Insurance Company
FARGO, N.D., July 05, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) has completed the previously announced sale of its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale was...
AM Best Places Credit Ratings of Westminster American Insurance Company Under Review With Negative Implications
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Westminster American Insurance Company (WAIC) (headquartered in Owings Mills, MD). These...
NI Holdings, Inc. Reports Results for First Quarter Ended March 31, 2024
FARGO, N.D., May 09, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended March 31, 2024.
NI Holdings, Inc. Agrees to Sell Westminster American Insurance Company
FARGO, N.D., May 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) (“NI Holdings”) announced today an agreement to sell its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale...
NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2023
FARGO, N.D., March 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2023.
Source: https://incomestatements.info
Category: Stock Reports