Arch Capital 2014 Q4 Net Income: $209.7 Million

February 11, 2015

Bermuda-based Arch Capital Group Ltd. reports that net income available to Arch common shareholders for the 2014 fourth quarter was $209.7 million, or $1.60 per share, compared to $156.0 million, or $1.14 per share, for the 2013 fourth quarter, while after-tax operating income available to Arch common shareholders was $150.2 million, or $1.15 per share, for the 2014 fourth quarter, compared to $152.7 million, or $1.12 per share, for the 2013 fourth quarter.

For the year ended December 31, 2014, net income available to Arch common shareholders was $812.4 million, or $6.02 per share, compared to $687.8 million, or $5.07 per share, for 2013, while after-tax operating income available to Arch common shareholders for 2014 was $617.3 million, or $4.58 per share, compared to $595.7 million, or $4.39 per share, for 2013. All earnings per share amounts discussed in this release are on a diluted basis.

The Company’s book value per common share was $45.58 at December 31, 2014, a 3.5% increase from $44.04 per share at September 30, 2014 and a 14.5% increase from $39.82 per share at December 31, 2013. The Company’s after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 10.4% for the 2014 fourth quarter, compared to 11.7% for the 2013 fourth quarter, and 11.1% for the year ended December 31, 2014, compared to 11.7% for 2013.

The Company’s net income available to Arch common shareholders represented an annualized return on average common equity of 14.5% for the 2014 fourth quarter, compared to 12.0% for the 2013 fourth quarter, and 14.6% for the year ended December 31, 2014, compared to 13.5% for 2013.

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  1. Clear View says:

    These net income earnings seem very common for the IB sector.
    So much for the private sector crunch.

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