FORT WORTH, Texas (AP) _ Hallmark Financial Services Inc. (HALL) on Wednesday reported second-quarter earnings of $13 million.
The Fort Worth, Texas-based company said it had profit of 71 cents per share. Earnings, adjusted for investment gains, came to 42 cents per share.
The property and casualty insurance company posted revenue of $120.9 million in the period. Its adjusted revenue was $112.3 million.
Hallmark Financial shares have risen 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15, a climb of 44% in the last 12 months.