Loews Corporation Reports Net Income Of $337 Million For The First Quarter Of 2026
Loews Corporation reported a net income of $337 million for the first quarter of 2026, down from $370 million in the same period last year. The company's book value per share increased to $90.90 as of March 31, 2026.
Loews Corporation released its first quarter 2026 financial results. The company reported a net income of $337 million, or $1.63 per share, compared to $370 million, or $1.74 per share, in the first quarter of 2025. CNA Financial Corporation's net income decreased year-over-year due to lower underwriting results and unfavorable loss reserve development. Boardwalk Pipelines' net income increased due to higher contracting rates and utilization-based revenues. Loews Hotels' net income also increased, driven by higher equity income from joint ventures. The company's book value per share increased to $90.90 as of March 31, 2026. Loews Corporation repurchased 0.3 million shares of its common stock during the first quarter of 2026 for $31 million.
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