Cincinnati Financial Corporation (CINF) SEC Filings & Earnings Calls
EquiReason read 19 Cincinnati Financial Corporation SEC filings in the last 12 months. Latest: 8-K on 2026-09-28 — Cincinnati Financial extended its credit facility expiration by one year to October 10, 2031, with all other terms unchanged. Routine refinancing, no material change in terms..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
CINFCincinnati Financial CorporationFollow CINF — free
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- Market cap
- 27.1B
- P/E TTM
- 8.3
- Dividend yield
- 2.1%
- 52-week
- —
- Next earnings
- 26 Oct, in 2 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
28 Sep 20268-K · 1.01, 2.03Cincinnati Financial extended its credit facility expiration by one year to October 10, 2031, with all other terms unchanged. Routine refinancing, no material change in terms.open
Risks flagged
No new risk introduced; extension reduces near-term refinancing risk.
“Extension of credit facility maturity by one year, terms unchanged.”
25 Aug 20268-K · 7.01, 8.01Cincinnati Financial expands share repurchase program by 15M shares, in addition to 15M remaining from prior authorization; no expiration date.SEC ↗
21 Aug 20268-K · 7.01Issued a Regulation FD disclosure (forward guidance or material update); filed financial statements and exhibits with this reportSEC ↗
27 Jul 20268-K · 2.02Released earnings results and quarterly financials; filed financial statements and exhibits with this reportearningsSEC ↗
27 Jul 202610-QCincinnati Financial reported Q2 2026 results with increased unrealized losses on fixed-maturity portfolio due to rising interest rates, but strong equity portfolio gains.earningsopen
Figures in the filing · each found in the filing text
| Total fixed-maturity and short-term investments at fair value · 2026-06-30 | $19.10B | +5% y/y |
| Equity investments at fair value · 2026-06-30 | $13.19B | |
| Net unrealized gain on equity portfolio · 2026-06-30 | $8.91B | |
| Net unrealized loss on fixed-maturity and short-term investments · 2026-06-30 | $327M | |
| Effective duration of fixed-maturity portfolio · 2026-06-30 | $6.00 | +7% y/y |
| Number of fixed-maturity and short-term securities with fair value below amortized cost · 2026-06-30 | 2,880 | +11% y/y |
| Largest common stock holding (Apple Inc.) fair value · 2026-06-30 | $1.00B | |
| Tax-exempt fixed-maturity securities at fair value · 2026-06-30 | $4.09B | |
| Short-term investments · 2026-06-30 | $142M | |
| Allowance for credit losses increase · H1-2026 | $1M | -93% y/y |
Risks flagged
Interest Rate Risk
“The $327 million net unrealized loss position in our fixed-maturity and short-term investments portfolio at June 30, 2026, increased in the first six months of 2026, primarily due to an increase in U.S. Treasury yields” · word for word
Equity Market Volatility
“Our equity investments, with a fair value totaling $13.194 billion at June 30, 2026, included $12.883 billion of common stock securities” · word for word
Concentration Risk in Apple Inc.
“At June 30, 2026, Apple Inc. (Nasdaq:AAPL) was our largest single common stock holding with a fair value of $1.004 billion, or 7.8% of our publicly traded common stock portfolio” · word for word
22 Jun 20268-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)SEC ↗
16 Jun 20268-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)SEC ↗
19 May 20268-K · 7.01Value Creation Ratio target 13; Guidance: Targeting average VCR of 10% to 13% over next five yearsopen
Figures in the filing · each found in the filing text
| Value Creation Ratio target · next five-year p | 13.0% |
Guidance
Targeting average VCR of 10% to 13% over next five years
Reiteration of long-term targets, no new guidance.
6 May 20268-K · 5.07, 7.01Submitted matters to a vote of security holders; issued a Regulation FD disclosure (forward guidance or material update)SEC ↗
27 Apr 20268-K · 2.02Released earnings results and quarterly financials; filed financial statements and exhibits with this reportearningsSEC ↗
27 Apr 202610-QFiling text is primarily boilerplate risk factors and investment portfolio sensitivity analysis; no operating or financial signals supported by economic mechanisms.SEC ↗
18 Mar 2026DEF 14ACincinnati Financial filed its definitive proxy statement (DEF 14A) for the 2026 annual meeting, including proposals to reduce the special meeting threshold, elect directors, and advisory votes on compensation.open
Figures in the filing · each found in the filing text
| Value Creation Ratio · FY2025 | 18.8% | |
| Three-Year Total Shareholder Return · FY2025 | 72.2% | |
| Property Casualty Combined Ratio · property casualty · FY2025 | 94.9% | |
| Property Casualty Pretax Underwriting Profit · property casualty · FY2025 | $501M | |
| Cash Flow from Operating Activities · FY2025 | $3.10B | +17% y/y |
| Consolidated Cash and Invested Assets · FY2025 | $33.21B | +13% y/y |
| Pretax Investment Income · FY2025 | $1.17B | +14% y/y |
| Book Value Per Share · FY2025 | $102.35 | |
| Net Income · FY2025 | $2.39B | |
| Non-GAAP Operating Income · FY2025 | $1.25B |
Risks flagged
Catastrophe Loss Exposure
“Cincinnati Financial estimated $450 million to $525 million in first-quarter 2025 catastrophe losses from California wildfires.” · word for word
Shareholder Proposal Risk
“The company has been informed by Mr. John Chevedden (the “Proponent”) that he intends to submit the following proposal at the Annual Meeting.” · word for word
23 Feb 202610-KNet Written Premiums - Commercial Lines $5.00B (+7% y/y); Net Written Premiums - Personal Lines $3.43B (+14% y/y); Net Written Premiums - Excess and Surplus Lines $729M (+12% y/y)open
Figures in the filing · each found in the filing text
| Net Written Premiums - Commercial Lines · Commercial Lines Insurance · FY2025 | $5.00B | +7% y/y |
| Net Written Premiums - Personal Lines · Personal Lines Insurance · FY2025 | $3.43B | +14% y/y |
| Net Written Premiums - Excess and Surplus Lines · Excess and Surplus Lines Insurance · FY2025 | $729M | +12% y/y |
| Net Written Premiums - Life Insurance · Life Insurance · FY2025 | $360M | -1% y/y |
| Net Written Premiums - Cincinnati Re · Other · FY2025 | $591M | -1% y/y |
| Net Written Premiums - Cincinnati Global · Other · FY2025 | $334M | +10% y/y |
| Debt-to-Total-Capital Ratio · FY2025 | 4.9% | |
| Written Premium to Surplus Ratio · FY2025 | $1.00 | |
| Statutory Capital and Surplus - Standard Market P&C · Standard Market Property Casualty Insurance · FY2025 | $9.75B | +13% y/y |
| Risk-Based Capital to Authorized Control Level Ratio · Standard Market Property Casualty Insurance · FY2025 | $5.60 |
Risks flagged
Personal lines underwriting loss
“Personal lines insurance segment... reported a loss before income taxes of $111 million.”
Weather catastrophe exposure
“Diversified growth also may reduce variability of losses from weather-related catastrophes.” · word for word
Agency concentration risk
“Our largest single agency relationship accounted for approximately 0.5% of our total property casualty earned premiums in 2025.” · word for word
9 Feb 20268-K · 2.02Released earnings results and quarterly financials; filed financial statements and exhibits with this reportearningsopen
Risks flagged
Investment gains/losses volatility may distort short-term results; non-GAAP adjustments exclude these for clearer operating view.
“Non-GAAP operating income excludes investment gains and losses after tax, as they may not indicate ongoing business performance.”
30 Jan 20268-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)open
Risks flagged
No material risks identified in this filing; standard safe harbor language included.
“Safe harbor statement lists standard insurance and financial risks, no new disclosures.”
14 Nov 20258-K · 7.01Issued a Regulation FD disclosure (forward guidance or material update); filed financial statements and exhibits with this reportSEC ↗
7 Nov 20258-K · 7.01Earnings per share $7.11 (+37% y/y); non-GAAP operating income $449M (+100% y/y); combined ratio 88.2; Guidance: Target VCR 10-13% annually over 5 yearsopen
Figures in the filing · each found in the filing text
| earnings per share · Q3-2025 | $7.11 | +37% y/y |
| non-GAAP operating income · Q3-2025 | $449M | +100% y/y |
| combined ratio · Q3-2025 | 88.2% | |
| property casualty net written premiums growth · Q3-2025 | 9.0% | |
| investment income growth · Q3-2025 | 14.0% | |
| value creation ratio (annualized) · YTD-2025 | 13.8% | |
| net cash flow from operating activities · 9M-2025 | $2.17B | +8% y/y |
Guidance
Target VCR 10-13% annually over 5 years
Strong Q3 results; reaffirms long-term VCR target of 10-13% annually.
Risks flagged
Catastrophe loss exposure; $473M increase in catastrophe losses paid YTD.
“$473 million increase in catastrophe losses paid compared to first nine months of 2024.” · word for word
27 Oct 202510-QCincinnati Financial reported Q3 2025 net income of $1.122B ($7.11 diluted EPS), up 37% YoY, driven by lower catastrophe losses and improved underwriting results.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q3-2025 | $1.12B | +37% y/y |
| Earned Premiums · Q3-2025 | $2.57B | +12% y/y |
| Combined Ratio · property_casualty · Q3-2025 | 88.2% | |
| Book Value Per Share · 2025-09-30 | $98.76 | +12% y/y |
| Net Written Premiums · property_casualty · Q3-2025 | $2.49B | +9% y/y |
| Value Creation Ratio · YTD-2025 | 13.8% | |
| Investment Income, net of expenses · investments · Q3-2025 | $295M | +14% y/y |
Risks flagged
Catastrophe Loss Volatility
“Catastrophe losses and loss expenses accounted for 3.7 and 13.3 percentage points of the combined ratio in the third quarter and first nine months of 2025, compared with 13.0 and 10.1 percentage points in the same periods of 2024.” · word for word
Personal Lines Underperformance
“Personal lines combined ratio 111.8% for YTD 2025 vs 104.1% for YTD 2024, an increase of 7.7 percentage points.”
Inflationary Loss Cost Pressure
“Elevated inflation in recent years has been a driver of higher losses and loss expenses as costs have increased significantly to repair damaged business properties or autos that we insure.” · word for word
Reinsurance Reinstatement Premiums
“Other written premiums for the first nine months of 2025 included a net unfavorable amount of $49 million for reinsurance treaty reinstatement premiums related to the California wildfires.” · word for word
27 Oct 20258-K · 2.02Released earnings results and quarterly financials; filed financial statements and exhibits with this reportearningsSEC ↗
Cincinnati Financial Corporation — questions
- What did Cincinnati Financial Corporation file recently?
- 19 SEC filings in the last 12 months. Latest: 8-K on 2026-09-28 — Cincinnati Financial extended its credit facility expiration by one year to October 10, 2031, with all other terms unchanged. Routine refinancing, no material change in terms.
Every figure on this page comes from Cincinnati Financial Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.