Quarterly ResultJul 31, 2026, 11:41 AM
Old Republic Q2 Net Income $322.3M, EPS $1.31
AI Summary
Old Republic International Corporation reported strong financial results for the second quarter and first six months of 2026, with significant increases in net income, diluted EPS, and total operating revenues. The company also completed the acquisition of Everett Cash Mutual Insurance Co. and issued new senior notes to refinance existing debt. Share repurchases continued, with $221.5 million spent in the first half of the year.
Key Highlights
- Net income to shareholders for Q2 2026 increased to $322.3 million from $204.4 million in Q2 2025.
- Diluted earnings per share rose to $1.31 in Q2 2026, up from $0.81 in Q2 2025.
- Total operating revenues for Q2 2026 reached $2,331.3 million, compared to $2,215.8 million in Q2 2025.
- Net premiums earned increased to $2,024.4 million in Q2 2026 from $1,926.7 million in Q2 2025.
- Total assets stood at $31,592.4 million as of June 30, 2026, up from $29,862.7 million at December 31, 2025.
- The company repurchased 5.4 million shares for $221.5 million during the first six months of 2026.
- Completed the acquisition of Everett Cash Mutual Insurance Co. (ECM) on July 1, 2026.
- Issued $700.0 million in 5.700% Senior Notes due 2036 in May 2026.
Price Impact
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