CNA Financial Corporation (NYSE: CNA) today announced third quarter 2012 results, which included net operating income of $216 million, or $0.80 per share, and net income of $221 million, or $0.82 per share. Property & Casualty Operations combined ratio for the third quarter was 99.7%. Book value per share was $46.99 at September 30, 2012, as compared with $45.34 at June 30, 2012 and $42.66 at December 31, 2011.
CNA Financial also announced declaration of a quarterly dividend of $0.15 per share, payable November 29, 2012 to stockholders of record on November 13, 2012.
|Results for the Three Months||Results for the Nine Months|
|Ended September 30 (a)||Ended September 30 (a)|
|($ millions)||2012||2011 (b)||2012||2011 (b)|
|Net operating income||$||216||$||91||$||594||$||418|
|Net realized investment gains (losses)||5||(16||)||43||2|
|Net income from continuing operations||221||75||637||420|
|Net loss from discontinued operations||—||—||—||(1||)|
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts