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Standard Premium Finance Holdings, Inc. is dedicated to the business of financing insurance premiums. The firm extends secured credit to both corporate clients and private individuals, helping them fund the cost of their commercial property and casualty insurance coverage. Its operations span several states, including Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas, and Arizona. The company was founded in 2016 and has its corporate headquarters in Miami, Florida.
Standard Premium Reports Record-Breaking Q2 Earnings, Highlighted by 46% Increase in Net Income
Standard Premium reported record Q2 results with net income rising 46% and EPS jumping 50% to $0.12, while ROE reached 19.25%.
The growth underscores operating leverage and follows the completion of a buyback program that repurchased 77,500 shares at an average price of $2.24.
For the six-month period, revenue grew 13% and net income 32%, with management targeting further roll-up opportunities and potential 2027 buybacks.