Quarterly ResultApr 29, 2026, 04:34 PM
UNM Q1 Net Income +22.7% to $232M; EPS $1.41; Revenue +8.5% to $3.36B
AI Summary
Unum Group reported a significant increase in net income and earnings per share for the first quarter of 2026. Net income rose 22.7% to $232.0 million, with basic EPS climbing 33.0% to $1.41. Total revenue also saw an 8.5% increase to $3,355.2 million, driven by a 3.4% rise in premium income. The company substantially increased its common stock repurchases to $398.8 million and raised its dividend per share to $0.46. However, net investment income decreased by 5.8%, and total stockholders' equity saw a 2.0% decline.
Key Highlights
- Net Income increased 22.7% to $232.0 million for Q1 2026 from $189.1 million in Q1 2025.
- Basic Net Income Per Common Share rose 33.0% to $1.41 in Q1 2026 from $1.06 in Q1 2025.
- Total Revenue grew 8.5% to $3,355.2 million for Q1 2026, up from $3,091.6 million in Q1 2025.
- Premium Income increased 3.4% to $2,794.0 million in Q1 2026 from $2,702.9 million in Q1 2025.
- Repurchased $398.8 million of common stock in Q1 2026, a 98.9% increase from $200.5 million in Q1 2025.
- Declared dividends of $0.46 per common share in Q1 2026, up from $0.42 in Q1 2025.
- Net Investment Income decreased 5.8% to $483.4 million in Q1 2026 from $513.2 million in Q1 2025.
- Total Stockholders' Equity decreased 2.0% to $10,892.4 million at March 31, 2026, from $11,119.1 million at December 31, 2025.
Price Impact
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