Earnings Releases·Oct 29, 2026, 4:20 PM ET

CNO Financial Group — Third Quarter 2026 Earnings Summary

Net income surged to $161.1 million ($1.71 per share) from $23.1 million ($0.24 per share) year-over-year, driven by a 41% increase in net operating income to $179.1 million ($1.90 per share), despite total revenues declining 8.6% to $1,086.0 million.
The company raised its 2026 operating earnings per share guidance by 9% (midpoint) citing disciplined execution, while total new annualized premiums grew for the 17th consecutive quarter.
Capital return activities included $60.0 million in common stock repurchases (1.1 million shares) and $16.5 million in common stock dividends, alongside a third reinsurance transaction closing on October 1, 2026, transferring $270 million of statutory reserves.
Operating return on equity improved to 14.1% (excluding significant items) from 11.2% in the prior year period, while the debt-to-capital ratio increased to 36.5% and book value per share declined to $25.34.