Earnings Summary: A snapshot of Travelers Companies’ (TRV) Q1 2024 financial results
Wednesday, 17 April 2024, 12:35
Earnings Summary: A snapshot of Travelers Companies’ (TRV) Q1 2024 financial results
Insurance service provider The Travelers Companies, Inc. (NYSE: TRV) Wednesday reported an increase in revenues and earnings for the first quarter of 2024.
Key Highlights:
- First-quarter 2024 net income surged 16% to $4.80 per share
- Core net income was $4.69 per share, rising 14% year-over-year
- Total revenues climbed 16% annually to $11.23 billion
- Q1 net written premiums increased 8% to $10.182 billion
- $620 million was returned to shareholders, including $388 million in share repurchases
- Book value per share rose to $109.28
- Adjusted book value per share increased to $125.53
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.