Quarterly ResultJul 30, 2026, 06:33 AM
Donegal Group Q2 Net Income $22.3M, EPS $0.60; Combined Ratio 95.6%
AI Summary
Donegal Group Inc. reported solid second-quarter 2026 financial results, with net income increasing 32.3% to $22.3 million and diluted Class A EPS rising 30.4% to $0.60. The company's combined ratio improved to 95.6%, and book value per share grew 8.2% year-over-year to $17.98. However, net premiums earned decreased 4.0% to $222.6 million, primarily due to a decline in personal lines, while net income for the first half of 2026 decreased by 19.6%.
Key Highlights
- Net income for Q2 2026 increased 32.3% to $22.3 million from $16.9 million in Q2 2025.
- Diluted Class A EPS for Q2 2026 rose 30.4% to $0.60 from $0.46 in Q2 2025.
- Combined ratio improved to 95.6% in Q2 2026, down from 97.7% in Q2 2025.
- Book value per share was $17.98 at June 30, 2026, an 8.2% increase year-over-year.
- Net premiums earned decreased 4.0% to $222.6 million in Q2 2026.
- Net investment income for Q2 2026 increased 15.6% to $14.5 million.
- Commercial lines net premiums written grew 0.8%, while personal lines decreased 9.7% in Q2.
- Declared a quarterly cash dividend of $0.1925 per Class A share and $0.175 per Class B share.
Price Impact
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