Palomar Holdings Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Mac Armstrong
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 24.0% |
| CEO tenure | 11yrs |
| CEO ownership | 1.8% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Palomar: Shining Star In The Insurance Sector
Jan 20Palomar Holdings, Inc.'s (NASDAQ:PLMR) Price In Tune With Earnings
Jan 11
Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Haven't Escaped The Attention Of Investors
Sep 13Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Might Deserve Your Attention Today
Jul 14Market Participants Recognise Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings
Jun 14Palomar: Above-Expectations Q1 Results Point To A Positive Outlook
May 06Financial Stock On The Move: Palomar Holdings (SA Quant)
Apr 15Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?
Apr 03After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar
Feb 24Palomar: Positive Guidance Isn't Fully Priced In
Feb 20Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings
Jan 05Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?
Dec 09With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case
Jul 22Palomar estimates $12.5M loss from Hurricane Ian for Q3
Oct 20Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors
Sep 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$109m |
| Jun 30 2024 | n/a | n/a | US$96m |
| Mar 31 2024 | n/a | n/a | US$88m |
| Dec 31 2023 | US$4m | US$850k | US$79m |
| Sep 30 2023 | n/a | n/a | US$72m |
| Jun 30 2023 | n/a | n/a | US$58m |
| Mar 31 2023 | n/a | n/a | US$55m |
| Dec 31 2022 | US$3m | US$850k | US$52m |
| Sep 30 2022 | n/a | n/a | US$50m |
| Jun 30 2022 | n/a | n/a | US$46m |
| Mar 31 2022 | n/a | n/a | US$44m |
| Dec 31 2021 | US$19m | US$846k | US$46m |
| Sep 30 2021 | n/a | n/a | US$27m |
| Jun 30 2021 | n/a | n/a | US$11m |
| Mar 31 2021 | n/a | n/a | US$11m |
| Dec 31 2020 | US$1m | US$598k | US$6m |
| Sep 30 2020 | n/a | n/a | US$19m |
| Jun 30 2020 | n/a | n/a | US$42m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$3m | US$500k | US$11m |
| Sep 30 2019 | n/a | n/a | US$4m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$2m |
| Dec 31 2018 | US$852k | US$500k | US$18m |
Compensation vs Market: Mac's total compensation ($USD3.54M) is below average for companies of similar size in the US market ($USD6.62M).
Compensation vs Earnings: Mac's compensation has been consistent with company performance over the past year.
CEO
Mac Armstrong
11yrs
Tenure
US$3,541,370
Compensation
Mr. David McDonald Armstrong, also known as Mac, is a Co-Founder of Palomar Holdings, Inc. and has been its Chief Executive Officer and Director since February 2014. He serves as Chairman of the Board of P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11yrs | US$3.54m | 1.81% $ 53.1m | |
| President | 2.8yrs | US$1.12m | 0.22% $ 6.3m | |
| Chief Financial Officer | 7.4yrs | US$1.18m | 0.070% $ 2.0m | |
| Chief Legal Officer & Corporate Secretary | 4.3yrs | US$858.09k | 0.019% $ 546.3k | |
| Chief Risk Officer | 5.8yrs | US$1.00m | 0.076% $ 2.2m | |
| Chief Operating Officer | less than a year | no data | no data | |
| EVP of Treasury & Financial Operations and Chief Accounting Officer | 1.1yrs | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Executive Vice President of Corporate & Business Development | no data | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Executive Vice President of Operations | less than a year | no data | no data | |
| Chief Underwriting Officer | 2.8yrs | no data | no data |
2.8yrs
Average Tenure
50yo
Average Age
Experienced Management: PLMR's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11yrs | US$3.54m | 1.81% $ 53.1m | |
| Independent Director | 1yr | no data | 0.013% $ 387.4k | |
| Independent Director | 5yrs | US$184.98k | 0.022% $ 645.6k | |
| Lead Independent Director | 5.9yrs | US$204.98k | 0.16% $ 4.6m | |
| Independent Director | 4.8yrs | US$184.98k | 0.015% $ 450.4k | |
| Independent Director | 5.8yrs | US$184.98k | 0.018% $ 535.4k | |
| Independent Director | 3.6yrs | US$184.98k | 0.016% $ 472.4k |
5.0yrs
Average Tenure
58yo
Average Age
Experienced Board: PLMR's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 00:38 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Palomar Holdings, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tracy Dolin-Benguigui | Barclays |
| Tracy Dolin-Benguigui | Barclays |
| David Motemaden | Evercore ISI |