earnings
confidence high
sentiment neutral
materiality 0.55
Genworth Q1 net income $47M ($0.12/diluted); adj op income $109M
GENWORTH FINANCIAL INC
2026-Q1 EPS reported
$0.12
revenue$1,777,000,000
- Net income $47M ($0.12 diluted), down from $54M in Q1 2025; adj op income excl Closed Block $109M ($0.28), down from $114M.
- Enact adj op income $140M; paid $0.21 dividend, increased to $0.24 payable June 2026.
- Repurchased $66M shares at avg $8.61; $856M total since inception. Holding company cash $166M (from $234M).
- CareScout 1,486 matches; 97% home care coverage of US 65+ population. LTC IFA NPV $34.5B since 2012.
- Legacy insurance RBC ratio 289% (down from 300%); statutory pre-tax loss $77M in quarter.