earnings
confidence high
sentiment positive
materiality 0.85
Travelers Q4 2023: Record EPS $6.99, combined ratio 85.8%, NWP up 13%
TRAVELERS COMPANIES, INC.
2023-FY EPS reported
$12.79
revenue$41,364,000,000
- Record quarterly net income $1.626B ($6.99 diluted EPS); core income $1.633B ($7.01 diluted EPS).
- Combined ratio improved 8.7 points to 85.8%; underlying combined ratio 85.9%, up 5.5 points.
- Net written premiums $9.994B (+13% YoY); full year NWP $40.2B (+14%).
- Net investment income up 24% pre-tax to $778M; book value per share $109.19 (+18%).
- Board declares $1.00/share dividend; repurchased $66M in shares during Q4.