State Auto Financial
State Auto Financial Corp. (STFC) 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.
National General
National General Holdings Corp. (NGHC) reported fourth-quarter profit of $98.4 million.
The New York-based company said it had profit of 85 cents per share. Earnings, adjusted for one-time gains and costs, were 72 cents per share.
The insurance holding company posted revenue of $1.37 billion in the period.
For the year, the company reported profit of $348.1 million, or $2.73 per share. Revenue was reported as $5.18 billion.
National General shares have decreased 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.42, a drop of 17% in the last 12 months.
Donegal
Donegal Group Inc. (DGICB) reported fourth-quarter net income of $14.2 million, after reporting a loss in the same period a year earlier.
The Marietta, Pennsylvania-based company said it had profit of 45 cents per share. Earnings, adjusted for non-recurring gains, were 38 cents per share.
The insurance company posted revenue of $200.9 million in the period. Its adjusted revenue was $198.2 million.
Donegal shares have decreased 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.24, a fall of 5.5% in the last 12 months.
Safety Insurance
Safety Insurance Group Inc. (SAFT) reported fourth-quarter earnings of $28.1 million.
The Boston-based company said it had profit of $1.82 per share. Earnings, adjusted for non-recurring gains, were $1.44 per share.
The automobile insurance provider posted revenue of $223.9 million in the period.
For the year, the company reported profit of $99.6 million, or $6.46 per share. Revenue was reported as $877.8 million.
Safety Insurance shares have declined 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $90.50, a decrease of 2% in the last 12 months.
Protective Insurance
Protective Insurance Corp. (PTVCB) reported fourth-quarter net income of $3.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Carmel, Indiana-based company said it had net income of 26 cents. Earnings, adjusted for investment gains, were 5 cents per share.
The property/casualty insurance underwriter posted revenue of $124.4 million in the period.
For the year, the company reported net income of $7.3 million, or 50 cents per share, swinging to a profit in the period. Revenue was reported as $495.6 million.
Protective Insurance shares have decreased slightly more than 3% since the beginning of the year. The stock has declined 33% in the last 12 months.
Topics Auto Profit Loss
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