Globe Life Inc. (GL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Globe Life Inc. Second Quarter Earnings Release Conference Call. My name is Jim and I will be your coordinator for today's event. Please note today's conference is being recorded and during our presentation, all participants will remain in a muted or listen-only mode to prevent any background noise. After today's prepared remarks, we will conduct a question and answer session and instructions on how to participate will be shared at that time. It is now my pleasure to hand over to your host, Stephen Mota, Thank you. Good morning, everyone. Joining the call today are Frank Svoboda and Matt Darden, our co-chief executive officers, Tom Kalmbach, our chief financial officer, Mike Majors, our chief strategy officer, and Brian Mitchell, our general counsel. Some of our comments or answers to your questions may contain forward-looking statements that are provided for general guidance purposes only. Accordingly, Please refer to our earnings release 2025-10-K and the subsequent forms 10-Q on file with the SEC. Some of our comments may also contain non-GAAP measures. Please see our earnings release and website for discussion of these terms and reconciliation to GAAP measures. I will now turn the call over to Frank. Thank you, Stephen, and good morning, everyone. In the second quarter, net income was $288 million, or $3.65 per share. an increase of 20% over the $3.05 per share a year ago. Net operating income for the quarter was $285 million, or $3.61 per share, an increase of 10% over the $3.27 per share a year ago. We are pleased to see continued strong results in our operations. As we have said many times over the years, our business model is resilient and able to generate earnings growth Regardless of the economic environment, as clearly demonstrated by ...