Quarterly ResultAug 5, 2026, 04:29 PM
Allstate Q2 Net Income $3.27B, EPS $12.51; Revenues Up
AI Summary
Allstate reported strong financial results for the second quarter and first half of 2026, with significant increases in net income and EPS. Total revenues grew, driven by higher property and casualty insurance premiums and a positive swing in net investment gains. The company also saw improved underwriting income in its Allstate Protection segment and increased operating cash flow, alongside higher share repurchases.
Key Highlights
- Q2 2026 Net Income attributable to Allstate increased to $3.27 billion from $2.11 billion YoY.
- Q2 2026 Diluted EPS rose to $12.51, up from $7.76 in the prior year period.
- Total revenues for Q2 2026 grew to $18.60 billion, compared to $16.63 billion in Q2 2025.
- Net gains on investments and derivatives were $1.06 billion in Q2 2026, a significant improvement from a $144 million loss in Q2 2025.
- Allstate Protection underwriting income increased to $2.01 billion in Q2 2026 from $1.28 billion YoY.
- Net cash provided by operating activities for H1 2026 was $6.20 billion, up from $3.84 billion YoY.
- Treasury stock purchases for H1 2026 totaled $1.67 billion, up from $439 million YoY.
Price Impact
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