The Travelers Companies Inc (CH:TRV)
:TRV
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.75Last Year’s EPS
5.09Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple strong operational and financial outcomes: robust underwriting earnings (seven consecutive quarters >$1B underlying underwriting income), double-digit adjusted book value growth year-over-year, growing investment income (+9%), strong premium production (including record commercial new business) and meaningful capital returns (>$2.2B). The negative items (Q1 catastrophe losses, increased unrealized investment losses from rising rates, the year-over-year premium growth impact from the Canada sale, and ongoing long-tail casualty reserve uncertainty) are meaningful but appear manageable within the company’s strong capital and earnings position. Overall, positive momentum and durable advantages were emphasized across underwriting, investments, distribution, and technology, outweighing the quarter’s headwinds.Company Guidance
Strong Profitability and Returns
Core income of $1.7 billion ($7.71 per diluted share) in Q1; quarterly core return on equity of 19.7% and trailing twelve-month core ROE of 22.7%.
Consistent Underwriting Performance
Underlying underwriting income of ~$1.2 billion (marked seventh consecutive quarter >$1B underlying underwriting income); all-in combined ratio of 88.6% and underlying combined ratio of 85.3% on $10.6 billion of earned premium.
Investment Income Growth
After-tax net investment income increased 9% year-over-year to $833 million, driven by higher yields and a larger fixed income portfolio; new-money yields ~70 bps above embedded portfolio yield at quarter end.
Top-Line Production and Premium Growth
Net written premiums of $10.3 billion in the quarter. Business Insurance NWP $5.8 billion (domestic NWP ex‑property up ~6%), Bond & Specialty NWP $1.1 billion (up 7%), Personal Insurance NWP $3.5 billion.
Record Commercial New Business and Strong Renewals
Business Insurance new business of $775 million (record quarter); renewal premium change in BI 5.8% with retention up to 86% (middle market retention 89%). Select RPC near double digits; Select renewal premium change 8.8%.
Surety and Management Liability Growth
Surety net written premiums grew 14% year-over-year; management liability renewal premium change ticked up with strong retention of 87%.
Capital Returns and Strong Capital Metrics
Returned more than $2.2 billion of excess capital in the quarter including ~$2.0 billion of share repurchases (open-market repurchases $1.8 billion); operating cash flow of ~$2.2 billion; ~ $5.2 billion remaining under prior buyback authorizations.
Adjusted Book Value and Dividend Increase
Adjusted book value per share $161.60, up 16% year-over-year (and up 2% from year-end despite heavy buybacks). Board increased quarterly dividend 14% to $1.25 (22 consecutive years of increases; 8% CAGR over that period).
Segment-Level Profitability
Business Insurance segment income $839 million (first-quarter record) with underlying combined ratio below 90% for 14th consecutive quarter; Bond & Specialty segment income $254 million with combined ratio 83.3% (underlying 88.9%); Personal Insurance segment income $704 million with combined ratio 82.9% and underlying combined ratio 78.3%.
CH:TRV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CH:TRV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 16, 2026 | CHF113.00 | CHF113.00 | 0.00% |
Jan 21, 2026 | CHF113.00 | CHF113.00 | 0.00% |
Oct 16, 2025 | CHF113.00 | CHF113.00 | 0.00% |
Jul 17, 2025 | CHF113.00 | CHF113.00 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does The Travelers Companies Inc (CH:TRV) report earnings?
The Travelers Companies Inc (CH:TRV) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is The Travelers Companies Inc (CH:TRV) earnings time?
The Travelers Companies Inc (CH:TRV) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of The Travelers Companies Inc stock?
The P/E ratio of Travelers Companies is N/A.
What is CH:TRV EPS forecast?
CH:TRV EPS forecast for the fiscal quarter 2026 (Q2) is 3.75.
