Earnings ·
Genworth Financial reported second-quarter 2026 results with net income of $47 million, or $0.12 per diluted share…
GNWGenworth Financial Inc
Genworth Financial reported second-quarter 2026 results with net income of $47 million, or $0.12 per diluted share, and adjusted operating income excluding the Closed Block of $112 million, or $0.29 per diluted share. The company received $103 million in capital returns from majority-owned subsidiary Enact and repurchased $62 million of its own shares during the quarter. Enact reported adjusted operating income of $143 million with a PMIERs sufficiency ratio of 161%, while legacy insurance companies maintained a Risk-Based Capital ratio of 286%. Genworth operates in the financial services industry, providing mortgage insurance through Enact and long-term care insurance and aging care services.