Allstate reports higher second-quarter earnings and $1 billion in buybacks
Filed with the SEC on · Summarized by InvestorsBot
Allstate reported $18.6 billion in second-quarter 2026 revenue, up 11.8% from a year earlier, and $3.2 billion in net income applicable to common shareholders, compared with $2.1 billion in the prior-year quarter; adjusted net income rose to $2.3 billion, or $8.99 per diluted share. Property-Liability underwriting income increased 56.7% to $2.0 billion as the combined ratio improved to 86.6, while Allstate repurchased $1.0 billion of stock and paid $280 million in dividends during the quarter ended June 30, 2026.