Quarterly ResultMay 6, 2026, 04:25 PM
Primerica Q1 Diluted Adj. EPS $5.96 (+19%); ISP Sales $4.3B (+22%)
AI Summary
Primerica, Inc. reported strong financial results for the first quarter of 2026, with diluted adjusted operating earnings per share increasing 19% to $5.96 and total revenues growing 8% to $872.7 million. The growth was primarily driven by record Investment and Savings Products (ISP) sales of $4.3 billion, up 22%, and a 15% increase in ISP client asset values to $127 billion. The company also repurchased $135 million of common stock and declared a dividend of $1.20 per share, despite a 2% decrease in its life-licensed sales force.
Key Highlights
- Diluted adjusted operating EPS was $5.96, an increase of 19% year-over-year.
- Total revenues increased 8% to $872.7 million compared to the prior year period.
- Record Investment and Savings Products (ISP) sales reached $4.3 billion, up 22% year-over-year.
- ISP client asset values ended the quarter at $127 billion, an increase of 15% year-over-year.
- The company repurchased $135 million of common stock during the quarter.
- A dividend of $1.20 per share was declared, payable on June 12, 2026.
- Term Life Insurance adjusted operating income increased 6% to $154.9 million.
- The life-licensed sales force totaled 149,732, a decrease of 2% year-over-year.