Erie Indemnity(US:ERIE)2025-04-24 20:20Revenue and Income - Total operating revenue for Q1 2025 increased to $989,399, up 12.3% from $880,701 in Q1 2024[2] - Management fee revenue from policy issuance and renewal services rose to $755,049, a 13.4% increase compared to $665,686 in the previous year[2] - Net income for Q1 2025 was $138,417, reflecting a 11.1% increase from $124,552 in Q1 2024[2] - Net investment income for Q1 2025 was $19,948, representing a 25.7% increase from $15,903 in Q1 2024[2] - Class A common stock diluted net income per share increased to $2.65, up 11.3% from $2.38 in the previous year[2] - Dividends declared per share for Class A common stock increased to $1.365, a rise of 7.1% from $1.275 in Q1 2024[2] Assets and Equity - Total assets as of March 31, 2025, reached $2,968,228, an increase of 2.8% from $2,888,614 at the end of 2024[3] - Shareholders' equity grew to $2,067,351, up 4.0% from $1,987,258 at the end of 2024[3] Expenses and Liabilities - Total operating expenses for Q1 2025 were $838,023, an increase of 12.9% from $741,889 in Q1 2024[2] - Current liabilities totaled $812,291 as of March 31, 2025, slightly up from $802,512 at the end of 2024[3]