Highest-materiality recent filing
Primerica Q2 2026: record investment sales $4.4B, EPS $6.45 up 19%
Net income $202M (+13%); diluted EPS $6.45 (+19%); adjusted operating EPS $6.41 (+17%).
Primerica amends $200M revolver, extends maturity to June 2031
Second Amended Credit Facility with $200M commitment from syndicate of 6 banks; no amounts outstanding at signing.
Primerica shareholders elect all 9 director nominees, approve say-on-pay, ratify KPMG
All 9 director nominees elected by majority vote; Cynthia N. Day received 2,220,778 votes against, the highest among nominees.
Primerica Q1 net EPS $5.97, up 18%; record ISP sales $4.3B, +22% YoY
Record ISP sales $4.3B (+22%); client asset values $127B (+15%).
Primerica amends bylaws to require majority voting power for stockholder special meetings
Stockholders owning >50% voting power can request a special meeting, subject to new procedural conditions.
Primerica Q4 2025: EPS $6.13 up 23% YoY; ISP sales record +24%, dividend +15%
Net income $197.0M, diluted EPS $6.13 (+23% YoY); adjusted EPS $6.13 (+22% YoY).
Primerica directors Perez and Crittenden not standing for reelection in May 2026
Beatriz R. Perez declined reelection after 11+ years; decision effective May 2026 annual meeting.
Primerica reports Q3 EPS $6.35, revenue $839.9M; ISP sales record $3.7B up 28%
Total revenue $839.9M (+8% YoY); net income $206.8M (+6%); diluted EPS $6.35 vs $5.72.
Primerica Q2: adj EPS $5.46 vs $4.95, revenue up 7%, ISP sales record $3.5B
Diluted adjusted operating EPS $5.46, up 10% YoY; GAAP EPS $5.40 vs $6.07 (prior-year cont ops).
Primerica shareholders elect all 11 director nominees, approve say-on-pay and auditor ratification
All 11 directors elected with majority support; Cynthia Day received lowest For votes (25.8M) with 2.8M against.
Primerica Q1 EPS $5.05 (+19% YoY); ISP sales record $3.6B, up 28%
Total revenues $804.8M (+9%); net income $169.1M (+14%); diluted EPS $5.05 (+19%).
Primerica Q4 EPS $4.98 (+14%); sales force record 151,611; dividend raised 16% to $1.04
Net income from cont. ops $167.7M (+9%); EPS $4.98 (+14%); total revenue $788.1M (+12%).
Primerica grants CEO Glenn Williams $2.5M special RSU award, cliff vesting Dec 2027
Special equity award of $2,500,000 in 8,839 RSUs granted to CEO Glenn J. Williams on Dec 12, 2024.
Primerica reports $229.6M impairment from senior health exit; adds $2M restructuring charges
Net non-cash after-tax impairment of $229.6M in Q2 2024 from exiting senior health business.
Primerica Q3 EPS $5.72 +31% YoY; adjusted EPS $5.68 +28%
Revenue $774.1M (+11% YoY), net income $194.7M (+24%).
Life-licensed sales force reached 150,000 independent representatives, a first since IPO.
Primerica COO Gregory Pitts to retire; Robert Peterman appointed successor
Gregory Pitts to retire on or about April 1, 2025 after 40 years; will step down as COO effective Oct 1, 2024.
Primerica to exit senior health unit e-TeleQuote via third-party subscription
On Aug 30, 2024, e-TeleQuote Insurance signed a subscription agreement to sell 18.9% of its common stock to a new investor.
Primerica Q2 adj EPS $4.71 (+18% YoY); dividend raised 20% to $0.90; record client assets $105B
GAAP diluted EPS $0.03 due to Senior Health exit write-offs; adjusted diluted operating EPS $4.71.
Primerica to exit senior health business, records $229.6M impairment charge
Non-cash after-tax charge of $229.6M in Q2 2024 from writing off $253.6M goodwill/intangibles.
Primerica stockholders approve all proposals at 2024 annual meeting
All 11 director nominees elected with majority support; Cynthia N. Day received lowest support at 91.6%.
Primerica Q1 EPS $3.93 (+14% YoY); ISP sales $2.8B (+20%)
Total revenues $742.8M (+8%); net income $137.9M (+8%).
Primerica Q4 EPS $4.30 up 9%; life-licensed sales force record 141,572
Net income $151.9M (+4% YoY); diluted EPS $4.30 (+9% YoY).
Primerica names Tracy Tan as CFO, effective Dec 20, 2023; Alison Rand to retire Apr 1, 2024
Alison Rand ceases as principal financial officer Dec 20, 2023; retirement set for Apr 1, 2024.
Primerica elects former GE executive Darryl Wilson to board, term starts Feb 17, 2024
Darryl Wilson elected to Primerica Board on Dec 6, 2023; term begins Feb 17, 2024.
Primerica reports Q3 2023 adjusted EPS $4.28, up 14% YoY; net income up 91%
Net earnings per diluted share $4.23 vs $2.11 (incl. goodwill impairment); adjusted operating EPS $4.28 up 14%.
Primerica appoints Tracy Tan as EVP Finance, successor CFO by April 1, 2024
Tracy Tan appointed EVP, Finance starting Oct 16, 2023; will become CFO when current CFO relinquishes title, no later than April 1, 2024.
Primerica Q2 EPS $3.97 (+20% YoY); life sales force up 4%; dividend $0.65
Net income $144.5M (+13%); diluted EPS $3.97 (+20%); adjusted operating EPS $3.99 (+18%).
Primerica reports annual meeting voting results and appoints Gary Crittenden as Lead Director
All 10 director nominees elected with over 90% votes for each; broker non-votes ~1.15M.
Primerica Q1 net EPS $3.38, up 16%; term life face amount +14% to $28.1B
Net income $125.1M (+9%); diluted EPS $3.38 (+16%); adjusted EPS $3.49 (+18%).
Primerica restates Q4 2022 financial supplement to adopt LDTI accounting standard
Restated Q4 2022 supplemental financial data due to adoption of ASU 2018-12 (LDTI) as of Jan 1, 2023.
Primerica amends bylaws to comply with DGCL amendments and universal proxy rules
Board adopted Third Amended and Restated By-Laws effective March 1, 2023.
Primerica CFO Alison Rand to retire by April 1, 2024; successor search underway
Alison Rand, EVP and CFO since 2001, informed CEO of retirement intention on Feb 27, 2023.
Primerica Q4 2022: adjusted EPS $3.49 (+19% YoY); Term Life op income up 23%, ISP sales down 31%
GAAP EPS $3.54; adjusted EPS $3.49 (+19% YoY); ROE 31.6%, adjusted ROAE 27.1%.
Primerica Q3 GAAP EPS $1.37 (down 51%) on $60M goodwill impairment; adjusted EPS $3.02 up 1%
Total revenues $673.3M (-3% YoY); adjusted operating revenues $676.1M (-2%).
Primerica Q2 net income falls 16%; adjusted EPS $2.86, down 12% YoY
Net income $107.9M ($2.79 diluted EPS) vs $128.4M prior year; adjusted net operating income $110.7M ($2.86 adjusted EPS).
Primerica shareholders elect 11 directors, approve say-on-pay at annual meeting
All 11 director nominees elected with majority votes; Cynthia N. Day received lowest support at 31.1M for vs 2.8M withheld.
Primerica Q1 net income down 17%, EPS $2.06; Senior Health loss weighs
Total revenues $691.2M (+8% YoY); net income $81.4M (-17%); diluted EPS $2.06 (-16%).
Primerica Q4 2021 adjusted EPS $2.94, up 20%; records $76M goodwill impairment in Senior Health
Adjusted operating EPS $2.94 (+20% YoY); net EPS $0.87 includes $76M ($1.91/sh) goodwill impairment.
Primerica prices $600M 2.800% Senior Notes due 2031, to redeem 2022 Notes and repay revolver
$600M aggregate principal of 2.800% Senior Notes due 2031; net proceeds ~$592M after underwriting discount.
Primerica Q3 2021: adj. EPS up 7% to $2.98; ISP sales +52%; e-TeleQuote adds revenue loss
Net income $112.4M ($2.82 EPS) flat YoY; adj. EPS $2.98, +7%.
Primerica Q2 2021 EPS $3.22 (+28% YoY); revenues $654.7M (+25%)
Diluted adjusted operating EPS $3.25, up 33% YoY; net income $128.2M, up 26%.
Primerica closes acquisition of 80% of e-TeleQuote, enterprise value $600M
Enterprise value $600M; implied equity ~$450M; ~$340M cash, $15M note, 20% equity stake for 80% control.
informed the Company’s Chief Executive Officer of Mr. Pitts’ intention to retire on or about April 1, 2025.
the Board of Directors (the “Board”) of the Company appointed Robert H. Peterman, Jr., age 59, as the Company’s Executive Vice President and Chief Operating Officer, reporting to the Company’s Chief Executive Officer, effective as of October 1, 2024.
On December 18, 2023, the Company’s Board of Directors appointed Ms. Tan as the Company’s Chief Financial Officer, and as the Company’s principal financial officer, in each case effective December 20, 2023.
On December 18, 2023, the Company’s Board of Directors appointed Nicholas A. Jendusa, the Company’s Executive Vice President and Controller, as the Company’s principal accounting officer effective as of December 20, 2023.
Ms. Rand will cease serving as principal financial officer and principal accounting officer of the Company on December 20, 2023.
On December 6, 2023, the Board of Directors elected Darryl Wilson as a member of the Board of Directors of Primerica, Inc. (“Primerica”).
On September 14, 2023, the Board of Directors (the “Board”) of Primerica, Inc. (the “Company”) appointed Tracy Tan, age 52, as the Company’s Executive Vice President, Finance, reporting to the Company’s Chief Executive Officer, beginning on October 16, 2023.
On February 27, 2023, Alison Rand, Executive Vice President and Chief Financial Officer of Primerica, Inc. (the “Company”), informed the Chief Executive Officer of the Company of her intention to retire on or about April 1, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings