secwatch.observer — SEC 8-K summary
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Issuer:     ERIE INDEMNITY CO (ERIE)
CIK:        0000922621
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0000922621-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Erie Indemnity: FY net income $297.9M ($5.69/diluted), Q4 $55M ($1.05); $1.11 dividend
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- FY 2021 net income $297.9M ($5.69 diluted EPS) vs $293.3M ($5.61) in 2020, up 1.6%.
- Q4 2021 net income $55.0M ($1.05 diluted EPS) vs $62.8M ($1.20) in Q4 2020, down 12.4%.
- Operating income before taxes decreased 5.9% to $318.1M; management fee revenue from policy issuance up 3.9% to $1.91B.
- Investment income before taxes more than doubled to $67.3M, driven by $31.7M limited partnership earnings vs ($0.6M) loss in 2020.
- Board declared quarterly dividend of $1.11 per Class A share, payable April 20, 2022, record date April 5, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922621/000092262122000012/0000922621-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922621/000092262122000012/erie-20220224.htm
  HTML page:      https://secwatch.observer/filing/0000922621-22-000012

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