Genworth Financial Announces Third Quarter 2026 Results
Genworth reported a Q3 2026 net loss of $41 million ($0.11 per diluted share), swinging from $116 million of net income a year earlier, driven by Closed Block losses including a $111 million pre-tax A/E loss in long-term care. Adjusted operating income excluding Closed Block was $102 million ($0.27 per share), and the Enact mortgage-insurance unit earned $132 million with $122 million of capital returned to the holding company. The board authorized a new $500 million buyback on top of $80 million repurchased in the quarter at an average of $10.05 per share.
Key figures
- Revenue
- 1794000000
- Guidance
- No explicit guidance; conference call scheduled Nov 5, 2026
- Revenue Yoy
- -7.3%
- Q3 buyback
- 80000000
- Ytd buyback
- 208000000
- Glic rbc ratio
- 274%
- Carescout matches
- 1532
- Inception buyback
- 998000000
- Holding company cash
- 320000000
- Q3 buyback avg price
- 10.05
- Enact capital returns
- 122000000
- Net investment income
- 603000000
- Pmiers sufficiency ratio
- 158%
- New buyback authorization
- 500000000
- Enact adj operating income
- 132000000
- Adj op income ex closed block eps
- 0.27
- Adjusted operating income ex closed block
- 102000000
AI analysis
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