Quarterly ResultJul 24, 2026, 02:26 PM
Selective Insurance Q2 Net Income $129.4M, EPS $2.13
AI Summary
Selective Insurance Group, Inc. reported a significant increase in its second-quarter 2026 financial results. Net income surged 50.6% to $129.4 million, with basic earnings per common share climbing 55.5% to $2.13. The company also saw growth in net premiums earned and net investment income, contributing to a 4.5% rise in total revenues. Additionally, the company increased its common stock dividend.
Key Highlights
- Net income for Q2 2026 increased 50.6% to $129.4 million from $85.9 million in Q2 2025.
- Basic earnings per common share rose 55.5% to $2.13 in Q2 2026 from $1.37 in Q2 2025.
- Net premiums earned increased 2.3% to $1.22 billion in Q2 2026 compared to $1.19 billion in Q2 2025.
- Net investment income earned grew 17.3% to $150.2 million in Q2 2026 from $128.0 million in Q2 2025.
- Total revenues for Q2 2026 increased 4.5% to $1.39 billion from $1.33 billion in Q2 2025.
- Dividends declared per common share increased to $0.43 in Q2 2026 from $0.38 in Q2 2025.
- Total assets increased to $15.62 billion as of June 30, 2026, from $15.16 billion as of December 31, 2025.
- Total stockholders' equity increased to $3.66 billion as of June 30, 2026, from $3.61 billion as of December 31, 2025.
Price Impact
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