Quarterly ResultApr 29, 2026, 04:44 PM
ALL Q1 Diluted EPS $9.25, up 338%; Net Income $2.46B
AI Summary
Allstate Corp. reported a significant increase in Q1 2026 diluted EPS to $9.25, up 338% from $2.11 in Q1 2025, with net income attributable to Allstate rising to $2.46 billion. Total revenues increased by 3% to $16.94 billion, driven by higher property and casualty insurance premiums. The company also saw a substantial improvement in Allstate Protection underwriting income, which surged to $2.66 billion, and a 44% reduction in catastrophe losses.
Key Highlights
- Diluted EPS rose 338% to $9.25 in Q1 2026 from $2.11 in Q1 2025.
- Net income attributable to Allstate increased to $2.46 billion from $595 million YoY.
- Total revenues grew 3% to $16.94 billion in Q1 2026.
- Property and casualty insurance premiums increased 5.8% to $15.55 billion.
- Allstate Protection underwriting income surged to $2.66 billion from $364 million.
- Catastrophe losses decreased 44% to $1.24 billion.
- Net cash provided by operating activities rose 81% to $3.56 billion.
- Total assets reached $123.97 billion as of March 31, 2026.
Price Impact
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