---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-193922"
form_type: "8-K"
ticker: "AFG"
cik: "0001042046"
company_name: "AMERICAN FINANCIAL GROUP INC"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:30:42.173580+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AFG Q1 core EPS $2.47 (+36% YoY); sells Charleston Harbor for $125M gain

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-193922
- form_type: 8-K
- ticker: AFG
- cik: 0001042046
- company_name: AMERICAN FINANCIAL GROUP INC
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042046/000119312526193922/0001193125-26-193922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042046/000119312526193922/d133743d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-193922
- JSON: https://secwatch.observer/filing/0001193125-26-193922.json
- Plain text: https://secwatch.observer/filing/0001193125-26-193922.txt

## Key facts
- Earnings Releases
  AMERICAN FINANCIAL GROUP INC reported first quarter of 2026 results: net income $191 million ($2.29 per share), EPS $2.29.
  - Period: first quarter of 2026
  - Net income: $191 million ($2.29 per share)
  - EPS: $2.29
  - Result: reported results
  source text: American Financial Group, Inc. (NYSE: AFG) today reported 2026 first quarter net earnings of $191 million ($2.29 per share) compared to $154 million ($1.84 per share) for the 2025 first quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042046/000119312526193922/0001193125-26-193922-index.htm

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