---
schema_version: "secwatch.filing_event.v1"
accession: "0000020286-24-000029"
form_type: "8-K"
ticker: "CINF"
cik: "0000020286"
company_name: "CINCINNATI FINANCIAL CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:22:02.908013+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cincinnati Financial Q1 net income $755M ($4.78/share) up 236% YoY; operating income up 93%

## Summary
- Net income $755M ($4.78 diluted EPS) vs $225M ($1.42) in Q1 2023; non-GAAP operating income $272M ($1.72) vs $141M ($0.89).
- Net investment gains after-tax $483M, up from $84M largely due to $484M after-tax increase in fair value of equity securities still held.
- Property casualty underwriting income after-tax increased $111M; earned premiums up 8% to $2,071M, investment income up 17% to $245M.
- Book value per share $80.83, up $3.77 since year-end; cash dividend declared $0.81, up 8% from $0.75.
- Value creation ratio 5.9% for Q1 2024 vs 3.1% for Q1 2023.

## SEC filing metadata
- accession: 0000020286-24-000029
- form_type: 8-K
- ticker: CINF
- cik: 0000020286
- company_name: CINCINNATI FINANCIAL CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20286/000002028624000029/0000020286-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20286/000002028624000029/cinf-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020286-24-000029
- JSON: https://secwatch.observer/filing/0000020286-24-000029.json
- Plain text: https://secwatch.observer/filing/0000020286-24-000029.txt

## Key facts
- Earnings Releases
  CINCINNATI FINANCIAL CORP reported First-Quarter 2024 results: net income $755 million, EPS $4.78 per share.
  - Period: First-Quarter 2024
  - Net income: $755 million
  - EPS: $4.78 per share
  - Result: reported results
  source text: Cincinnati Financial Reports First-Quarter 2024 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/20286/000002028624000029/0000020286-24-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.