Earnings Feed

0.01%

The quarter as with most all our recent quarters, exhibited exemplary net charge-offs at 0.01%.

$24 million

Asset quality and net income were impacted by a single $24 million Twin Cities suburban CRE office loan originated in June 2022 that moved to nonaccrual in the quarter, increasing credit loss expense.

$450 million invested in Q3 2025

Largest quarterly investment volume since COVID depth five years ago, demonstrating ability to scale investment platforms efficiently.

$4.72 per share

The operating results were below expectations due to large claims volatility in U.S. individual life and unfavorable claims in our healthcare excess business.

$4.3 billion

On a GAAP basis, we had a net loss of $4.3 billion or a loss of $8.58 per diluted common share. Included in the results for the quarter were multiple adjusting items related to Discover as well as a small addition to our legal reserves.