UNM
Unum Group77.52
+0.41+0.53%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Disability details, Colonial momentum
Q&A drilled into group disability's Q4 volatility—5% lower recovery sizes, 10% fewer claimant deaths—yet capped long-term benefit ratio at 65% via pricing, reaffirming 62-64% for 2026. Colonial Life detailed Q4 sales pop (10% up, new agents +14%), fueling premium optimism. Management confirmed active LTC reinsurance talks amid market interest, no capital needs. AI/layoffs pose no risks yet to diversified book. No walk-backs. Margins firming; investors eye disability stability.
Key Stats
Market Cap
13.20BP/E (TTM)
14.99Basic EPS (TTM)
5.17Dividend Yield
0.02%Recent Filings
8-K
Bylaws amended, rules tightened
Unum Group amended its bylaws on March 4, 2026, swapping 'Chairman' for 'Chair' while tightening shareholder meeting and nomination rules—remote participants now count as present, vote denominators narrow to attending shares only. Board gains power to nix improper proposals pre-meeting. Updates nix obsolete tech and resignation offers.
10-K
FY2025 results
Unum Group reported FY2025 net income of $738.5M, down sharply from $1.8B in FY2024, driven by a $479M reserve increase from assumption updates—primarily long-term care morbidity changes—versus a $357M reserve release last year. Adjusted operating income fell 12% to $1.4B, with core segments pressured by less favorable claims in group disability (62.4% benefit ratio) and UK LTD (73.5%), though premiums grew 3% on sales and persistency. Q4 saw $3.3M share repurchases exhausting the prior program, alongside a $104M pension settlement loss and $20M charitable contribution; holding company liquidity stood at $2.3B. RBC ratios held strong at 440%, supporting capital returns. Cybersecurity breaches could disrupt operations.
8-K
Unum Q4 earnings, strong outlook
Unum Group posted Q4 net income of $174.1M ($1.04/share), hit by $82M pension settlement and $16M charitable contribution, yet after-tax adjusted operating income hit $322.3M ($1.92/share). Core operations grew premiums 3.7% on constant currency with 20.5% ROE; returned $1.3B to shareholders. Outlook: 4-7% premium growth, $8.60-$8.90 adjusted EPS. Capital stays robust at 440% RBC.
8-K
Unum authorizes $1B buyback
Unum Group's board authorized a $1 billion share repurchase program starting January 1, 2026, after the current program ends December 31, 2025. Management will time buybacks based on market conditions via open market or other compliant means. New program signals confidence. It may be suspended anytime.
8-K
Completes $300M notes offering
IPO
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