Earnings ·
Allstate reports Q3 net income of $2.1B, or $8.03 per diluted share
ALLAllstate Corp
The Allstate Corporation reported third-quarter 2026 results with total revenues of $17.3 billion and net income applicable to common shareholders of $2.1 billion, or $8.03 per diluted share. Adjusted net income was $2.5 billion, or $9.76 per diluted share. Net income declined from the prior year quarter primarily due to increased catastrophe losses, a gain on sale of the group health business in 2025, and net losses on investments and derivatives. Property-Liability earned premiums rose 3.8% to $15.1 billion, driven by policies in force growth and higher homeowners insurance average premiums. The company operates as a diversified insurance and financial services provider.