---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-000917"
form_type: "8-K"
ticker: "DGICA"
cik: "0000800457"
company_name: "DONEGAL GROUP INC"
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:53:30.332944+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Donegal Group Q4 net income down 28%; full-year EPS up 42% on improved underwriting

## Summary
- Q4 net premiums earned $226.9M (-4.1% YoY); combined ratio 96.3% vs 92.9% (worsened).
- Q4 net income $17.2M ($0.47 diluted Class A EPS) vs $24.0M ($0.70) – down 32.9% per share.
- Full-year net income $79.3M ($2.18 diluted EPS) vs $50.9M ($1.53) – up 42.5% per share.
- Full-year combined ratio improved to 95.4% from 98.6% (3.2 point improvement).
- Book value per share $17.33 at Dec 31, 2025, up 12.8% from $15.36 at year-end 2024.

## SEC filing metadata
- accession: 0001171843-26-000917
- form_type: 8-K
- ticker: DGICA
- cik: 0000800457
- company_name: DONEGAL GROUP INC
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/800457/000117184326000917/0001171843-26-000917-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/800457/000117184326000917/f8k_021826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-000917
- JSON: https://secwatch.observer/filing/0001171843-26-000917.json
- Plain text: https://secwatch.observer/filing/0001171843-26-000917.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.