TWFG, Inc. Common Stock
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $313.4M
- Price
- $28.96
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.83%
- Volume
- 113.0K
About
Established in 2001 and based in The Woodlands, Texas, TWFG, Inc. serves as an independent intermediary for a broad spectrum of personal and commercial insurance offerings throughout the United States. A subsidiary of Bunch Family Holdings, LLC, the company provides an extensive portfolio of coverage. For individual clients, this includes policies for automobiles, homes, renters, life, health, motorcycles, boats, recreational vehicles, umbrella, flood, wind, events, and luxury items. Commercial customers can access solutions such as general liability, property, business auto, workers' compensation, business owner policies, professional liability insurance, commercial bonds, and group benefits.
Quick stats
Shares outstanding13.0M
Computed float11.6M
Float / shares89.6%
Key info
SectorFinancial Services
IndustryInsurance - Brokers
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002007596
Websitehttps://www.twfg.com
AI Summary
AI-generated1/21
standardbullishdebt offering
TWFG Expands Credit Facility to $125 Million, Enhancing Capacity for Continued Growth and Strategic Investments
TWFG entered into an Amended and Restated Credit Agreement establishing a $125 million revolving credit facility, extending the maturity to August 12, 2031.
The agreement includes an uncommitted accordion feature allowing for an additional $75 million, raising potential total borrowing capacity to $200 million.
PNC Bank serves as administrative agent, and the funds will support long-term strategic objectives including acquisitions and technology investments.