Quarterly ResultMay 8, 2026, 12:51 PM
Horace Mann Q1 Net Income $41.2M; EPS $1.01
AI Summary
Horace Mann reported an increase in net income and basic earnings per share for the first quarter of 2026. Net income rose to $41.2 million, with total revenues reaching $429.3 million. However, net cash provided by operating activities saw a significant decrease, and total assets and shareholders' equity slightly declined compared to the end of the previous year.
Key Highlights
- Net income increased to $41.2 million in Q1 2026 from $38.2 million in Q1 2025.
- Basic earnings per share rose to $1.01 in Q1 2026 from $0.93 in Q1 2025.
- Total revenues grew to $429.3 million in Q1 2026, up from $416.4 million in Q1 2025.
- Net premiums and contract charges earned were $313.0 million in Q1 2026, compared to $298.3 million in Q1 2025.
- Total assets were $14,965.9 million as of March 31, 2026, down from $15,266.6 million at December 31, 2025.
- Total shareholders' equity was $1,470.0 million as of March 31, 2026, compared to $1,482.7 million at December 31, 2025.
- Dividends paid were $0.36 per share in Q1 2026, up from $0.35 per share in Q1 2025.
- Net cash provided by operating activities decreased to $61.3 million in Q1 2026 from $140.8 million in Q1 2025.
Price Impact
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