---
schema_version: "secwatch.filing_event.v1"
accession: "0000020286-24-000047"
form_type: "8-K"
ticker: "CINF"
cik: "0000020286"
company_name: "CINCINNATI FINANCIAL CORP"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:24:06.855865+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cincinnati Financial Q2 net income down 42% to $1.98/share; operating income up 7%

## Summary
- Net income $312M ($1.98/diluted) vs $534M ($3.38) in Q2 2023, down 42% due to $235M decrease in net investment gains.
- Non-GAAP operating income increased 7% to $204M ($1.29/share) from $191M ($1.21) in prior-year quarter.
- Earned premiums up 11% to $2,156M; net investment income up 10% to $242M.
- Book value per share $81.79, up $4.73 since year-end; value creation ratio 8.2% for H1 2024 vs 7.2% in H1 2023.
- Cash dividend declared $0.81/share, up 8% from $0.75 in Q2 2023.

## SEC filing metadata
- accession: 0000020286-24-000047
- form_type: 8-K
- ticker: CINF
- cik: 0000020286
- company_name: CINCINNATI FINANCIAL CORP
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/20286/000002028624000047/0000020286-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20286/000002028624000047/cinf-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020286-24-000047
- JSON: https://secwatch.observer/filing/0000020286-24-000047.json
- Plain text: https://secwatch.observer/filing/0000020286-24-000047.txt

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