Quarterly ResultAug 7, 2026, 01:08 PM
Heritage Insurance Q2 Net Income $61.7M; EPS $2.06
AI Summary
Heritage Insurance Holdings reported strong financial results for the second quarter and first half of 2026. Net income for Q2 increased to $61.71 million, with diluted EPS rising to $2.05. The company also saw a significant increase in net cash provided by operating activities, reaching $166.55 million for the six months ended June 30, 2026. Additionally, the company fully repaid borrowings collateralized by investment securities and continued its share buyback program.
Key Highlights
- Q2 2026 Net Income: $61.71 million, up from $48.02 million in Q2 2025.
- Q2 2026 Diluted EPS: $2.05, up from $1.55 in Q2 2025.
- H1 2026 Net Income: $98.19 million, up from $78.49 million in H1 2025.
- H1 2026 Net Cash from Operations: $166.55 million, up from $44.13 million in H1 2025.
- H1 2026 Losses & Loss Adjustment Expenses: $152.65 million, down from $175.03 million.
- Repaid $3.6 million in borrowings collateralized by investment securities in June 2026.
- Purchased $24.59 million of treasury stock in H1 2026.
Price Impact
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