Erie Indemnity Q1 net income rises 11% to $138.4M, EPS $2.65 vs $2.38

ERIE INDEMNITY CO

Net income $138.4M ($2.65 diluted EPS) vs $124.6M ($2.38) YoY; operating income up 9.1% to $151.4M.
Management fee revenue from policy issuance and renewal services rose 13.4% to $755.0M.
Board declared quarterly dividend of $1.365 per Class A share, up from $1.275, payable July 22, 2025.
Investment income before taxes $19.5M vs $15.1M YoY, up 29.1%.
All 11 incumbent directors re-elected at annual meeting on April 22, 2025.

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