UNM
Unum Group77.52
+0.41+0.53%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
13.20BP/E (TTM)
14.99Basic EPS (TTM)
5.17Dividend Yield
0.02%Recent Filings
8-K
8-K
8-K
10-Q
Q2 FY2025 results
Unum Group's Q2 2025 10-Q filing reports net income of $335.6 million, down 13.8% from $389.5 million in Q2 2024, with diluted EPS at $1.92 versus $2.05. For the first half of 2025, net income was $524.7 million, a 33.1% decrease from $784.7 million in 2024, with diluted EPS at $2.97 compared to $4.09. Adjusted operating income, excluding investment losses, reinsurance amortization, and non-contemporaneous reinsurance, was $361.1 million ($2.07 per share) for Q2 2025, down from $411.4 million ($2.16 per share) in Q2 2024. For the first half, it was $726.6 million ($4.11 per share), down from $821.3 million ($4.28 per share) in 2024. Premium income rose 4.6% to $2,748.0 million in Q2 and 4.1% to $5,450.9 million for the half, driven by growth in core segments. Net investment income increased 2.9% to $560.7 million in Q2 and 1.4% to $1,073.9 million for the half. The benefit ratio was 71.9% in Q2 2025 versus 68.9% in 2024, and 70.6% for the half versus 68.6%, reflecting unfavorable claims experience. The company repurchased 7.1 million shares for $505.9 million in the first half. A reinsurance transaction with Fortitude Re closed in July 2025, ceding portions of long-term care and individual disability businesses. The effective tax rate was 19.5% in Q2 and 20.6% for the half, compared to 21.4% and 20.8% in 2024. Consolidated assets were $62,843.8 million at June 30, 2025, up from $61,959.3 million at year-end 2024.
8-K
Unum Q2 earnings dip, reinsurance closed
Unum Group reported Q2 2025 net income of $335.6 million ($1.92 per share), down from $389.5 million last year, with after-tax adjusted operating income at $361.1 million ($2.07 per share). Premiums grew 4.6% on a constant currency basis, driven by core operations, while the company closed its long-term care reinsurance deal, slashing closed block exposure. It repurchased $300 million in shares, boosting book value per share to $65.76. Full-year adjusted operating EPS outlook now hits $8.50. Solid capital at 485% RBC ratio supports growth, yet claims pressures linger.
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