Midwest Holding Net Income | MDWT

Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.

Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.^[1]

It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.

The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.

Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.

It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.

However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.

Annual Net Income Midwest Holding

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
7.14 M	-16.6 M	-12.4 M	-5.73 M	-5.07 M	-2.75 M	-3.85 M	-2.52 M	-3.44 M	-1.95 M	-1.66 M	-3.7 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
7.14 M	-16.6 M	-4.38 M

Quarterly Net Income Midwest Holding

2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
385 K	-3.88 M	3.83 M	-	7.43 M	9.27 M	187 K	-	-3.06 M	-4.99 M	-1.6 M	-	-5.54 M	-16.6 M	21.5 M	-	-1.66 M	-832 K	-1.5 M	-	-1.96 M	-919 K	-760 K	-	-670 K	-790 K	-1.04 M	-	178 K	-920 K	-769 K	-	-470 K	-823 K	-780 K	-	-861 K	-1.12 M	-736 K	-	-364 K	-553 K	-498 K	-	-33.4 K	-757 K	-670 K	-	-887 K	-932 K	-704 K

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
21.5 M	-16.6 M	-381 K

References

Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.

Net Income of other stocks in the Insurance industry

Issuer	Net Income	Price	% 24h	Market Cap	Country
Ambac Financial Group AMBC	-259 M	-	-0.55 %	$ 424 M	USA
Athene Holding Ltd. ATH	1.54 B	-	-2.43 %	$ 15.5 B	Bermuda
American National Group, Inc. ANAT	468 M	-	-	$ 27.9 B	USA
ProSight Global, Inc. PROS	22.2 M	-	-	$ 563 M	USA
Enstar Group Limited ESGR	576 M	-	-	$ 4.95 B	Bermuda
ICC Holdings ICCH	4.26 M	-	0.04 %	$ 69.2 M	USA
First American Financial Corporation FAF	622 M	$ 71.76	0.11 %	$ 7.41 B	USA
Maiden Holdings, Ltd. MHLD	-201 M	-	15.0 %	$ 117 M	Bermuda
The Hartford Financial Services Group HIG	3.84 B	$ 136.1	0.12 %	$ 38.4 B	USA
Everest Re Group, Ltd. RE	1.59 B	-	2.93 %	$ 15.1 B	Bermuda
Росгосстрах RGSS	4.6 B	-	-	-	Russia
AMERISAFE AMSF	47.1 M	$ 26.01	1.21 %	$ 494 M	USA
Investors Title Company ITIC	35.2 M	$ 289.26	0.38 %	$ 546 M	USA
Reinsurance Group of America, Incorporated RZA	1.18 B	-	-	$ 9.09 B	USA
АСКО-Страхование ACKO	94.8 M	-	-	-	Russia
MBIA MBI	-177 M	$ 4.9	1.77 %	$ 241 M	USA
Watford Holdings Ltd. WTRE	64.9 M	-	1.43 %	-	Bermuda
MGIC Investment Corporation MTG	738 M	$ 30.9	0.62 %	$ 7.2 B	USA
International General Insurance Holdings Ltd. IGIC	127 M	$ 26.63	1.22 %	$ 1.15 B	Jordan
Fidelity National Financial FNF	602 M	$ 47.3	0.02 %	$ 12.8 B	USA
Assured Guaranty Ltd. AGO	503 M	$ 74.44	0.22 %	$ 3.58 B	Bermuda
Old Republic International Corporation ORI	206 M	$ 41.58	0.02 %	$ 10.2 B	USA
Oxbridge Re Holdings Limited OXBR	-2.08 M	$ 1.33	0.76 %	$ 9.83 M	Cayman-islands
American International Group AIG	3.1 B	$ 76.12	0.46 %	$ 43 B	USA
Principal Financial Group PFG	1.26 B	$ 110.75	0.19 %	$ 24.7 B	USA
Reinsurance Group of America, Incorporated RGA	1.18 B	$ 243.13	0.24 %	$ 16 B	USA
Radian Group RDN	155 M	$ 36.59	0.19 %	$ 5.01 B	USA
Goosehead Insurance, Inc GSHD	27.8 M	$ 72.52	2.57 %	$ 1.81 B	USA
Sun Life Financial SLF	3.78 B	$ 78.98	0.92 %	$ 44.5 B	Canada
Equitable Holdings EQH	-1.38 B	$ 48.9	0.31 %	$ 14.6 B	USA
Root ROOT	40 M	$ 55.79	0.33 %	$ 859 M	USA
Employers Holdings EIG	10.8 M	$ 48.17	0.38 %	$ 1.13 B	USA
RenaissanceRe Holdings Ltd. RNR	2.68 B	$ 323.45	0.4 %	$ 15 B	Bermuda
Aegon N.V. AEG	980 M	$ 8.99	0.17 %	$ 14 B	Niderland
Arch Capital Group Ltd. ACGL	4.4 B	$ 99.39	0.08 %	$ 36.6 B	Bermuda
James River Group Holdings, Ltd. JRVR	47.4 M	$ 4.05	0.5 %	$ 186 M	Bermuda
Assurant AIZ	873 M	$ 284.04	0.72 %	$ 14.3 B	USA
Trupanion TRUP	19.4 M	$ 31.1	1.37 %	$ 1.34 B	USA
Greenlight Capital Re, Ltd. GLRE	74.8 M	$ 15.29	0.07 %	$ 517 B	Cayman-islands
Tiptree TIPT	34.9 M	$ 18.12	0.33 %	$ 681 M	USA