Earnings Feed

1.5 points

Full statutory industry results released in June show that Progressive gained more than 1.5 points in personal auto market share in 2024, the largest share gain of any carrier in the past 15 years.

2.64%

The net interest margin of 2.64% in the second quarter was a modest decline of 6 basis points from the prior quarter, with a 2 basis point one-time negative impact due to early redemption of subordinated debt.

$0.33

We delivered AFFO per share of $0.33, coming in ahead of our expectations for the first half of the year.

$0.02

Due mostly to credit issues and to a lesser extent, changes in noninterest income, we are reporting $0.02 of diluted earnings per share for the quarter. We're not happy about that, and we know you are not happy about that as well.