earnings
confidence high
sentiment positive
materiality 0.75
Travelers Q1 net income $1.018B ($4.15/diluted), core EPS $4.22, record premiums $8.367B, dividend raised 6%
TRAVELERS COMPANIES, INC.
2022-Q1 EPS reported
$4.15
revenue$8,809,000,000
- Record net written premiums of $8.367B, up 11% YoY, driven by growth in all three segments.
- Net income $1.018B (up 39%), core income $1.037B (up 48%); diluted EPS $4.15, core EPS $4.22.
- Board increased quarterly dividend by 6% to $0.93 per share, payable June 30, 2022.
- Consolidated combined ratio improved to 91.3% from 96.6% due to lower catastrophe losses ($160M vs $835M).
- Book value per share $106.40 (down 5% YoY), adjusted book value $112.19 (up 11%); $559M in share repurchases.