Loews Corporation — Third Quarter 2026 Earnings Summary

Loews Corporation reported a net income of $306 million, or $1.50 per share, for the third quarter of 2026, a decrease from the $504 million reported in the same period of 2025. CNA Financial's net income dropped to $180 million due to a $125 million after-tax charge for long-term care reserve updates and higher catastrophe losses, while Boardwalk Pipelines saw a decline to $85 million driven by specific impairment charges and unrealized losses. Conversely, Loews Hotels & Co achieved a net income of $16 million, an improvement from a $3 million loss in the prior year, fueled by higher average daily rates and increased occupancy. The company's book value per share fell to $90.24 as of September 30, 2026, and it repurchased 1.6 million shares for $167 million during the quarter.