Cincinnati Financial (CINF) Tops Q4 EPS by 55c
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Cincinnati Financial Reports Fourth-Quarter and Full-Year 2021 Results
February 15, 2022 4:05 PM ESTCINCINNATI, Feb. 15, 2022 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF)Â today reported:
Fourth-quarter 2021 net income of $1.470 billion, or $9.04 per share, compared with net income of $1.049 billion, or $6.47 per share, in the fourth quarter of 2020, after recognizing a $1.113 billion fourth-quarter 2021 after-tax increase in the fair value of equity securities still held. Full-year 2021 net income of $2.946 billion, or $18.10 per share, compared with $1.216 billion, or $7.49 per share, in 2020. $58 million or 22% increase in fourth-quarter 2021 non-GAAP operating income* to $320 million, or $1.97 per share, compared with $262 million, or $1.61 per share, in the fourth... More