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CNO Financial Group Reports Strong Second Quarter 2025 Results

Carmel, Indiana, July 28, 2025 - CNO Financial Group, Inc. (NYSE: CNO) has shared its impressive financial figures for the second quarter of 2025, revealing a net income of $91.8 million, equating to $0.91 per diluted share. In comparison to the same period last year, where net income stood at $116.3 million or $1.06 per diluted share, the current results reflect a solid performance amid prevailing market dynamics.

Robust Financial Performance Amid Market Fluctuations

The report indicates that the company's net operating income for Q2 2025 was $87.5 million, or $0.87 per diluted share, down from $114.6 million, or $1.05 per diluted share, during the corresponding quarter in 2024. This variance is attributed to non-economic accounting impacts resulting from ongoing market volatility. Management analyzes net operating income as a crucial measure for evaluating the operational performance of the business, sharing that this metric remains a standard in the life insurance industry.

CEO Gary C. Bhojwani commented, "Despite fluctuations, CNO remains strategically positioned to meet our return on equity targets for the full years of 2025 to 2027. Our consistent results highlight the effectiveness of our strategic planning and the potential for sustainable growth."

Consistent Sales Momentum

CNO's operational fundamentals demonstrate resilience with 12 consecutive quarters of sustained sales momentum. The company reported substantial growth in its key metrics, including a 17% increase in total new annualized premiums (NAP), a 22% rise in total life NAP, and an 11% gain in total health NAP compared to Q2 2024. Moreover, collected premiums from annuities saw a 19% rise and client assets in brokerage and advisory increased significantly by 27%.

Bhojwani added, "Our unwavering commitment to serving the middle-income market with diverse product offerings and distribution channels positions us favorably to adapt to changing economic conditions. We are dedicated to enhancing profitability while meeting the growing needs of our clients."

Shareholder Returns and Long-term Investments

CNO has also returned $116.7 million to shareholders in the second quarter. The book value per share experienced a 6% uptick to $25.92, while the diluted book value, minus accumulated other comprehensive loss, rose to $38.05.

The company reported a return on equity of 11.9% and an operating ROE of 11.8%. The financial health of CNO reflects a robust capital position, enabling it to return significant capital to shareholders while simultaneously investing in the long-term sustainability of the business.

Preparing for Future Growth

As CNO Financial Group continues to evolve within the insurance landscape, its dedication to navigating market challenges remains steadfast. With the strategic focus on improving underwriting margins and investment income, the company is well-equipped to leverage favorable demographic trends, ensuring its ongoing effort to boost profitability and meet the demands of its core customer base.

CNO’s approach encompasses a blend of analytics-driven insights and a deep understanding of market behaviors, allowing for informed decisions that drive the company's growth trajectory forward.

Conclusion

In conclusion, CNO Financial Group’s second quarter results underscore its operational consistency and strategic foresight in delivering shareholder value while positioning itself for future success. The company's ability to adapt to market conditions with agility highlights its commitment to sustainable, long-term growth, reaffirming its role as a reliable financial partner for middle-income Americans, who rely on its diverse range of insurance products and financial solutions.

For more information or further details on CNO’s financial outlook, visit the company’s official website.