Quarterly ResultApr 28, 2026, 04:48 PM
UNM Q1 Net Income $232M (+22.7%); Adj. EPS $2.14; $400M Buyback
AI Summary
Unum Group reported a strong start to 2026 with Q1 net income increasing to $232.0 million ($1.41 per diluted common share) from $189.1 million in the prior year. After-tax adjusted operating income rose to $352.5 million ($2.14 per diluted common share). The company saw favorable core operations with 14.4% sales growth and 3.9% premium growth on a constant currency basis. Unum also returned approximately $400 million to shareholders through share repurchases and paid $78.4 million in common stock dividends.
Key Highlights
- Net income increased to $232.0 million ($1.41 per diluted share) from $189.1 million in Q1 2025.
- After-tax adjusted operating income rose to $352.5 million ($2.14 per diluted share).
- Core operations sales grew 14.4% and premiums grew 3.9% on a constant currency basis.
- Repurchased approximately $400 million of shares and paid $78.4 million in dividends.
- Unum US segment adjusted operating income increased 2.7% to $337.9 million.
- Colonial Life segment adjusted operating income increased to $104.0 million.
- Holding company liquidity stood at $1.7 billion; risk-based capital ratio ~460%.
- Book value per common share grew 6.2% to $67.76 over the year-ago quarter.