Quarterly ResultAug 5, 2026, 08:33 AM
American Financial Group Q2 EPS $2.99; Net Earnings Up 42.5%
AI Summary
American Financial Group reported strong second quarter 2026 results, with net earnings per share increasing to $2.99 and core net operating earnings per share rising to $2.82. The company achieved a record pretax P&C operating income of $350 million and saw a 6% growth in net written premiums. Additionally, the company announced the expected sale of Charleston Harbor Resort & Marina in Q3 2026, projected to generate a pretax core operating gain of approximately $125 million.
Key Highlights
- Net earnings per share increased to $2.99 in Q2 2026 from $2.07 in Q2 2025.
- Core net operating earnings per share rose to $2.82 in Q2 2026 from $2.14 in Q2 2025.
- Net earnings for Q2 2026 were $248 million, up 42.5% from $174 million in Q2 2025.
- Record Q2 pretax P&C operating income reached $350 million.
- Annualized return on equity was 20.3% and core operating ROE was 19.2% for Q2 2026.
- Net written premiums grew by 6% in Q2 2026.
- Combined ratio improved to 91.5% in Q2 2026 from 93.1% in Q2 2025.
- Company expects a pretax core operating gain of approximately $125 million from the sale of Charleston Harbor Resort & Marina in Q3 2026.
Price Impact
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