Loews Q1 net income $337M ($1.63/shr) vs $370M; CNA reserve charge weakens results

LOEWS CORP

2026-Q1 EPS reported $1.63 revenue$4,555,000,000

Net income $337M ($1.63/shr) vs $370M ($1.74/shr) in Q1 2025; book value per share excl AOCI $97.20.
CNA net income fell 23% to $194M; combined ratio 102.2% vs 98.4% on $106M reserve charge and higher underlying loss ratio.
Boardwalk EBITDA up 4% to $360M; closed Spire Marketing acquisition for $215M on April 30, 2026.
Loews Hotels Adjusted EBITDA surged 53% to $124M; occupancy rose to 81% on Orlando performance.
Parent cash & investments $4.5B; repurchased 0.3M shares for $31M; capex backlog $3.2B.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LOEWS CORP reported first quarter of 2026 results: net income $337 million, EPS $1.63 per share.

Period: first quarter of 2026
Net income: $337 million
EPS: $1.63 per share
Result: reported results

Exact text from the filing

Loews Corporation reported net income of $337 million, or $1.63 per share, in the first quarter of 2026

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Source: SEC EDGAR

accession 0000060086-26-000029

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