Quarterly ResultMay 5, 2026, 04:24 PM
United Fire Group Q1 Net Income $30.1M, EPS $1.15
AI Summary
United Fire Group reported strong first quarter 2026 financial results, with net income increasing 70% to $30.1 million and diluted EPS rising 72% to $1.15. The company achieved record net written premium of $376.9 million, a 12% increase, and improved its combined ratio by 3.8 points to 95.6%. Net investment income also grew by 15% to $27.0 million, contributing to a return on equity of 12.7%.
Key Highlights
- Net income increased 70% to $30.1 million for Q1 2026.
- Diluted earnings per share rose 72% to $1.15.
- Net written premium grew 12% to $376.9 million.
- Combined ratio improved 3.8 points to 95.6%.
- Net investment income increased 15% to $27.0 million.
- Return on equity was 12.7% as of March 31, 2026.
- Book value per share increased to $37.06.
- Declared and paid a $0.20 per share cash dividend.