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TWFG , Inc. (NASDAQ:TWFG), a $1.98 billion insurance services company with strong financial health according to InvestingPro, announced the results of its 2025 Annual Meeting of Stockholders held on May 28, 2025. The company has demonstrated robust performance with a 59% return over the past year. The meeting, which achieved quorum, included the election of directors and the ratification of the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
The shareholders elected all the nominees to the board of directors, with terms concluding at the 2026 annual meeting or until their successors are appointed. The elected directors are Richard F. "Gordy" Bunch III, Michael Doak, Jonathan Anderson, Michelle Caroline Bunch, Robin A. Ferracone, and Janet S. Wong. The votes for the directors ranged from 351,737,000 to 356,496,716 in favor, with withheld votes between 96,192 and 4,855,908, and broker non-votes consistently at 1,075,319 for each nominee.
Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the upcoming fiscal year was ratified with a significant majority. The proposal received 357,172,901 votes for, 484,167 against, and 11,159 abstentions.
The meeting outcomes are crucial for TWFG as the elected board members will guide the company through the next year. The ratification of the accounting firm ensures continuity in the company’s financial oversight. These decisions reflect the confidence of the shareholders in the current leadership and financial practices of TWFG, Inc., which maintains healthy liquidity with a current ratio of 5.63 and achieved 18.57% revenue growth. According to InvestingPro analysis, the company appears undervalued, with additional insights available in the comprehensive Pro Research Report, one of 1,400+ detailed company analyses available to subscribers. The information provided in this article is based on a press release statement.
In other recent news, TWFG Inc reported a notable performance for the first quarter of 2025, with total revenue reaching $53.8 million, reflecting a 16.6% increase compared to the previous year. Earnings per share stood at $0.16, and the company raised its revenue guidance for the full year, projecting between $240 million and $255 million. The company’s adjusted EBITDA rose by 35.3%, improving the margin to 22.6%, which underscores its operational efficiency. Additionally, TWFG expanded its product offerings and geographical footprint, including new branches and acquisitions, which contributed to its robust growth. The company also reported total written premiums of $371 million, an increase of 15.5%. Analysts have not provided any recent upgrades or downgrades, but TWFG’s strategic initiatives have positioned it well within the market. CEO Gordie Bunch expressed confidence in the company’s ability to deliver long-term value, citing the importance of trusted local advisers during economic complexities. These developments highlight TWFG’s strong start to 2025 and its strategic focus on growth and expansion.
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