American Financial Group (AFG) reported record third-quarter 2026 core operating earnings of $3.97 per share, up 48% year over year. Net earnings were $282 million, or $3.40 per share, compared with $215 million and $2.58 per share in the year-earlier quarter. Annualized return on equity was 22.3%, while core operating ROE was 26%. Net investment income in the property and casualty segments rose 41%, with the sale of Charleston Harbor Resort & Marina aiding results; gross written premiums grew 8%, and the company declared a special cash dividend.
The company achieved record core earnings of $3.97 per share, driven by a 41% surge in investment income and a 26% annualized ROE.
Read the full storyThe company outperformed analyst estimates of $3.50 per share as net income reached $282 million, supported by a special dividend declaration.