8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Cincinnati Financial reports higher net income but lower operating earnings for Q2
Filed with the SEC on · Summarized by InvestorsBot
Cincinnati Financial reported second-quarter 2026 net income of $1.255 billion, or $8.05 per share, on July 27, compared with $685 million, or $4.34 per share, a year earlier, helped by an $882 million after-tax increase in the fair value of equity securities still held. Non-GAAP operating income fell to $224 million, or $1.43 per share, from $311 million, as catastrophe losses pushed the property-casualty combined ratio to 100.8%; book value per share reached $108.64 at June 30, up $6.29 from year-end.