ICC Holdings, Inc.

ICC Holdings, Inc.

ICCH
ICC Holdings, Inc.US flagNASDAQ Capital Market
23.49
USD
+0.01
- -
69.59MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
11.38
11.95
12.82
15.19
16.4
19.79
18.12
20.16
22.98
28.15
31.29
Basic EPS, GAAP
0.45
0.62
0.8
0.22
0.29
1.43
1.17
1.36
-0.19
1.44
2.17
Free Cash Flow per Basic Share
1.9
1.46
1.07
0.06
1.69
0.69
0.41
1.42
3.31
2.68
4.51
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.85
8.47
9.27
10.35
10.81
12.18
13.27
14.54
14.42
16.25
17.39
Tangible Book Value per Share
8.3
8.62
9.6
20.21
18.78
22.05
24.02
24.51
19.91
22.36
24.72
Basic Weighted Avg Shares
4
4
4
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
40
42
45
48
51
60
55
61
70
83
93
Operating Margin (%)
5.94
7.21
8.89
2.26
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
1
1
1
1
1
1
1
1
Net Income, GAAP
2
2
3
1
1
4
4
4
-1
4
6
Effective Tax Rate (%)
32.95
28.57
29.52
34.47
10.62
15.49
22.87
16.44
- -
22.91
22.72
Profit Margin (%)
3.98
5.15
6.26
1.47
1.75
7.21
6.43
6.74
-0.83
5.13
6.94
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
3
3
4
4
3
3
13
18
15
15
15
Total Equity
29
30
34
64
59
66
73
75
60
67
73
Return on Invested Capital (%)
- -
6.6
7.94
1.35
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
7.13
8.59
2.33
2.74
11.39
7.87
7.45
- -
7.23
10.38
Return on Common Equity (%)
- -
7.55
9.05
2.17
2.69
12.21
9.19
9.81
-1.32
9.29
13.31

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
- -
- -
LT Borrowings
15
15
15
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
47
67
68

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
57
54
62
Accounts Receivable, Net
50
50
51
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
6
8
9
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.47%
10.86%
Free Cash Flow
- -
52.3%
-21.32%
Net Income, GAAP
- -
-113.12%
-831.85%
Sales/Revenue/Turnover
- -
10.59%
19.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
16
15
18
21
70
2023
20
21
20
23
83
2024
23
22
24
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.05
-1.35
0.21
1.05
-0.19
2023
0.54
0.2
-0.26
0.97
1.44
2024
0.76
-0.25
0.69
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Arron Keath Sutherland
Full Time Employees
105
Sector
Financial Services
Industry
Insurance - Specialty
Address
225 20th Street Rock Island IL United States of America 61201
IPO Date
Mar 28, 2017
Business
ICC Holdings, Inc. is a specialty property and casualty insurance holding company that, through its principal subsidiary Illinois Casualty Company, underwrites commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products tailored to the food and beverage industry, including restaurants, bars, taverns, breweries, liquor stores, convenience stores, and distributors; it also provides commercial automobile coverage and related services such as claims management and risk assessment primarily through a network of independent agents. The company operates in multiple states across the United States, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin. Founded in 1950 with its core operating subsidiary established in Rock Island, Illinois, where it maintains headquarters, ICC Holdings oversees additional subsidiaries such as Estrella Innovative Solutions, Southern Hospitality Education dba Katkin, Beverage Insurance Agency dba Beverage Insurance Specialty, Two Rivers Investments, Two Rivers Properties, and ICC Re. In March 2025, Mutual Capital Group, Inc. completed its acquisition of ICC Holdings in an all-cash transaction valued at approximately $73.8 million, with ICCH shareholders receiving $23.50 per share; the deal, initially announced in June 2024 and approved by shareholders on November 26, 2024, followed regulatory approvals from the Illinois and Pennsylvania Departments of Insurance, positioning ICC Holdings to operate as an independent subsidiary of Mutual Capital Group while led by President and CEO Arron K. Sutherland.

Company News

APIChat
  • INDUS Realty Trust Announces Development of 2.15 Million SF Logistics Park in Nashville

  • Interstate Connecting Components (ICC) Approved for Value-Added Assembly of ITT Cannon M24308 D-Sub Connectors

  • Interstate Connecting Components (ICC) Announces Addition of Amphenol Fiber Systems VITA 87 High-Density MT Connectors

  • Gold Reserve Prevails in ICC Arbitration Against BANDES

  • AM Best Downgrades Issuer Credit Rating of Tuscarora Wayne Insurance Company and Affiliate; Upgrades Credit Ratings of Lebanon Valley Insurance Company; Revises Outlooks to Positive of Illinois Casualty Company; Withdraws ICR of ICC Holdings, Inc.

  • Arbitral Tribunal acting under ICC Rules of Arbitration issues final award in an arbitration between Agfa-Gevaert and the insolvency receiver of AgfaPhoto GmbH

  • Mutual Capital Group Announces Closing of All-Cash Merger with ICC Holdings, Inc.

  • Tullow Oil exempt from $320 mln tax after ICC ruling on Ghana operations

  • ICC HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ICC Holdings, Inc. - ICCH

  • ICC Holdings, Inc. Reports 2024 Third Quarter and Nine Months Results

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ICCH and INSI on Behalf of Shareholders

  • ICCH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ICC Holdings, Inc. Is Fair to Shareholders

  • IndusInd Bank Provides One-of-its Kind Experience to Cricket Fans Through the Anthem Buddies Programme at the Ongoing ICC Men's T20 World Cup 2024

  • Shareholder Alert: Ademi LLP investigates whether ICC Holdings, Inc. has obtained a Fair Price for its Public Shareholders

  • ICC HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ICC Holdings, Inc. - ICCH

  • ICC Holdings Confirms Withdrawal of Stilwell Group Director Nomination

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, ICCH on Behalf of Shareholders

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of ICC Holdings, Inc. - ICCH

  • Crude Oil Rises Sharply; ICC Holdings Shares Spike Higher

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of ICC Holdings, Inc. – ICCH