NYSE$CNA

CNA Financial Corporation · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

CNA Financial reported Q3 2025, revenue of $3.82B, net income of $403M, diluted EPS of $1.48.

For Q3 2025, CNA Financial reported revenue of $3.82B, net income of $403M, diluted EPS was $1.48. Management discusses operations, liquidity, and outlook in the quarterly filing.

  • Revenue $3.82B.
  • Net income $403M.
  • Diluted EPS $1.48.

Headline financials

Total Revenue

$3.82B

Previous: $3.62B+5.5%
EPS (adj)

$1.48

Previous: $1.04+42.3%
Net Written Premiums

$2.44B

Previous: $2.36B+3.3%
Underwriting Gain

$194M

Previous: $68M+185.3%
Catastrophe Losses

$41M

Previous: $143M-71.3%
Underlying UW Gain

$235M

Previous: $209M+12.4%
Combined Ratio

92.8%

Previous: 97.2%-4.5%
Underlying Combined Ratio

91.3%

Previous: 91.6%-0.3%
Book Value / Share

$41.83

Previous: $38.82+7.8%
BVPS ex-AOCI

$46.30

Previous: $46.16+0.3%
Capital Expenditures

-$58M

Previous: -$57M-1.8%
Net Income

$403M

Previous: $283M+42.4%
Operating Income

$409M

Previous: $715M-42.8%

Revenue & EPS history

CNA · Revenue · Quarterly

$3.82B

Q3 2025+5.5%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The filing discusses CNA Financial's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.

Tailwinds

  • CNA Financial cites operational priorities and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.6%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+0.2%

Avg return

30 days after

54%

33 / 61 earnings

Positive

+8.9%

Q3 2020

Best reaction

-7.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.9%-9.4%-12.8%
Q4 2025-1.4%-2.3%-5.9%
Q3 2025-1.3%+1.5%+3.3%
Q1 2025-0.5%+0.1%-2.7%
Q4 2024+1.2%-0.7%-2.9%
Q3 2024-0.1%+3.8%+4.8%
Q2 2024+2.5%+0.8%+6.8%
Q1 2024-0.5%+1.2%+1.7%
Q4 2023+6.4%+6.0%+2.2%
Q3 2023+2.2%+1.3%+4.7%
Q2 2023-1.1%+4.8%-0.9%
Q1 2023+1.0%+2.6%-5.3%
Q4 2022+5.9%+6.0%-0.0%
Q3 2022+0.6%+0.3%+1.0%
Q2 2022-5.8%-5.7%-9.3%
Q1 2022-4.5%-4.0%-3.9%
Q4 2021+1.9%+1.1%-4.5%
Q3 2021+3.3%+2.2%-6.8%
Q2 2021-0.0%+0.6%+1.3%
Q1 2021+1.5%+3.0%+1.6%
Q4 2020+5.8%+6.0%+12.7%
Q3 2020+8.9%+9.3%+19.6%
Q2 2020-3.0%+2.6%-3.0%
Q1 2020-0.1%+1.3%+8.8%
Q4 2019+8.3%+7.5%-17.2%
Q3 2019-1.5%-1.1%-2.4%
Q2 2019+0.5%+2.4%+0.8%
Q1 2019+2.2%+1.0%-0.6%
Q4 2018-7.1%-4.3%-7.1%
Q3 2018+7.8%+10.3%+4.4%
Q2 2018-3.8%-4.7%-7.2%
Q1 2018+2.5%-0.9%-3.2%
Q4 2017+5.9%+8.9%+6.3%
Q3 2017+6.6%+8.2%+7.3%
Q2 2017+6.8%+7.6%-0.3%
Q1 2017+0.2%+0.8%+0.8%
Q4 2016+0.2%+0.3%+2.8%
Q3 2016+4.3%+3.2%+9.9%
Q2 2016-1.0%+3.0%+4.6%
Q1 2016+3.1%
Q4 2015-7.3%
Q3 2015+0.5%
Q2 2015-1.6%
Q1 2015-1.8%
Q4 2014+4.5%
Q3 2014-0.6%
Q2 2014-2.4%
Q1 2014-6.6%
Q4 2013+7.2%
Q3 2013+2.3%
Q2 2013+2.3%
Q1 2013+1.0%
Q4 2012+0.3%
Q3 2012+2.3%
Q2 2012-3.3%
Q4 2011-1.2%
Q3 2011-0.9%
Q2 2011-2.9%
Q1 2010-1.5%
Q4 2010+1.2%
Q3 2010-2.2%

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