Business
American Financial Group, Inc. Announces Second Quarter Results
CINCINNATI, August 05, 2025--American Financial Group, Inc. (NYSE: AFG) today reported 2025 second quarter net earnings of $174 million ($2.07 per share) compared to $209 million ($2.49 per share) for the 2024 second quarter. Net earnings for the 2025 second quarter included after-tax non-core losses of $5 million ($0.07 per share loss) compared to $6 million ($0.07 per share loss) in the 2024 second quarter. Annualized return on equity was 15.0% and 18.0% for the second quarters of 2025 and 202
About this update from American Financial Group, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":251,"url":"https://media.zenfs.com/en/business-wire.com/d2cdf5e2fd58974b79dc6373afefe253"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/S7FHVy4Y9mSCbQABqayPVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/d2cdf5e2fd58974b79dc6373afefe253","width":480,"height":251}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Net earnings per share of $2.07; includes $0.07 per share loss from non-core items","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Second quarter core net operating earnings per share of $2.14","length":61,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Second quarter annualized ROE of 15.0%; core operating ROE of 15.5%","length":67,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Overall average renewal rate increases excluding workers’ compensation of approximately 7%","length":90,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Capital returned to shareholders in the second quarter was approximately $107 million, including $39 million in share repurchases","length":129,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":429,"olType":false},{"type":"text","content":"CINCINNATI, August 05, 2025--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2025 second quarter net earnings of $174 million ($2.07 per share) compared to $209 million ($2.49 per share) for the 2024 second quarter. Net earnings for the 2025 second quarter included after-tax non-core losses of $5 million ($0.07 per share loss) compared to $6 million ($0.07 per share loss) in the 2024 second quarter. Annualized return on equity was 15.0% and 18.0% for the second quarters of 2025 and 2024, respectively, and is calculated excluding accumulated other comprehensive income (AOCI). Other details may be found in the table on the following page.","length":671,"tagName":"p"},{"type":"text","content":"Core net operating earnings were $179 million ($2.14 per share) for the 2025 second quarter, compared to $215 million ($2.56 per share) in the 2024 second quarter. The year-over-year decrease reflects lower underwriting profit a...