Quarterly ResultJul 30, 2026, 06:36 AM
Donegal Group Q2 Net Income +32.3% to $22.3M; 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 to $0.60. The company's combined ratio improved to 95.6%, and book value per share grew to $17.98. However, net premiums earned decreased by 4.0% to $222.6 million, primarily due to a 9.7% decline in personal lines net premiums written, partially offset by a 0.8% increase in commercial lines. The expense ratio also increased to 35.8% from 32.2% year-over-year.
Key Highlights
- Net income increased 32.3% to $22.3 million for Q2 2026.
- Diluted Class A EPS rose 30.4% to $0.60 for Q2 2026.
- Combined ratio improved to 95.6% in Q2 2026 from 97.7% in Q2 2025.
- Net premiums earned decreased 4.0% to $222.6 million in Q2 2026.
- Book value per share grew 8.2% to $17.98 at June 30, 2026.
- Commercial lines net premiums written increased 0.8%, while personal lines decreased 9.7%.
- Net investment income increased 15.6% to $14.5 million.
- 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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