earnings
confidence high
sentiment positive
materiality 0.85
AFG Q1 core EPS $2.47 (+36% YoY); sells Charleston Harbor for $125M gain
AMERICAN FINANCIAL GROUP INC
2026-Q1 EPS reported
$2.29
revenue$1,854,000,000
- Core net operating EPS of $2.47 vs $1.81 YoY; net EPS $2.29 includes ($0.18) non-core losses.
- Specialty P&C underwriting profit $156M, up 66%; combined ratio improved to 90.3% from 94.0%.
- Capital returned to shareholders ~$259M: $125M special dividend, $60M share repurchases.
- Reached definitive agreement to sell Charleston Harbor Resort & Marina expected Q2/Q3 2026 with $125M pretax core gain.
- Annualized core ROE 17.0% vs 13.1% YoY; book value per share ex AOCI $57.83.