earnings
confidence high
sentiment positive
materiality 0.65
Cincinnati Financial Q4 non-GAAP operating income up 38% to $497M; full-year net income $2.292B
CINCINNATI FINANCIAL CORP
2024-FY EPS reported
$14.53
revenue$11,337,000,000
- Q4 net income $405M ($2.56/share) vs $1.183B in Q4 2023; after-tax investment gains decreased $916M.
- Non-GAAP operating income Q4 $497M ($3.14/share) up 38% from $359M; full-year $1.197B up 26%.
- Full-year earned premiums $8.889B, up 12% YoY; net investment income $1.025B, up 15%.
- Book value per share $89.11, up 16% from $77.06 at year-end 2023.
- Cash dividend declared $0.81 per share, up 8% from $0.75; full-year dividend $3.24.