State Auto Financial in Ohio Reports 4Q Net Income of $32.7M

February 21, 2020

State Auto Financial Corp. reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier.

The Columbus, Ohio-based company said it had net income of 72 cents per share. Earnings, adjusted for investment gains, came to 29 cents per share.

The insurance holding company posted revenue of $367.8 million in the period. Its adjusted revenue was $343 million.

For the year, the company reported profit of $87.4 million, or $1.96 per share. Revenue was reported as $1.33 billion.

State Auto Financial shares have declined roughly 3% since the beginning of the year. The stock has decreased 13% in the last 12 months.

Was this article valuable?

Here are more articles you may enjoy.