NYSEFinancialsLife & Health InsuranceS&P MidCap 400
$55.45
-0.98 (-1.74%)
Close of Nov 06, 2026 · end-of-day data
CNO 8-K filings in 2025
Every material Form 8-K CNO Financial filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CNO Financial Group reported third quarter 2025 net income of $23.1 million, or $0.24 per diluted share, up from $9.3 million, or $0.09, a year earlier, and total revenues of $1,188.7 million compared with $1,129.6 million. The results include a $96.7 million non-operating goodwill and other asset impairment tied to the Web Benefits Design and DirectPath acquisitions, and the company raised its run rate operating return on equity target by 50 basis points.
Net income was $23.1 million, or $0.24 per diluted share, versus $9.3 million, or $0.09, in 3Q24.
Net operating income was $127.2 million, or $1.29 per diluted share, versus $119.2 million, or $1.11, in 3Q24.
A $96.7 million non-operating charge covered goodwill and other asset impairment related to the 2019 and 2021 acquisitions of Web Benefits Design and DirectPath.
The operating ROE target was raised by 50 basis points, for 200 basis points of total improvement through 2027 from a 2024 run rate of 10%.
CNO Financial Group reported second-quarter 2025 net income of $91.8 million, or $0.91 per diluted share, down from $116.3 million, or $1.06 per diluted share, a year earlier. Total revenues rose to $1,151.5 million from $1,066.2 million, and the company said it remains on track for its 2025-2027 return on equity targets.
Net income was $91.8 million ($0.91 per diluted share) in 2Q25, versus $116.3 million ($1.06) in 2Q24
Net operating income, which excludes non-economic accounting impacts, was $87.5 million ($0.87 per diluted share) versus $114.6 million ($1.05) a year earlier
Total revenues were $1,151.5 million in 2Q25 compared with $1,066.2 million in 2Q24
Management said Second quarter 2024 earnings were elevated relative to its typical run rate; a conference call is scheduled for July 29, 2025 at 11:00 a.m. Eastern Time
On May 8, 2025, CNO Financial Group entered a sixth amendment to its revolving credit agreement with KeyBank as administrative agent, lowering interest rates and commitment fees, raising debt and lien baskets, and extending the facility's maturity to May 8, 2030. The same day, shareholders approved all six proposals at the annual meeting, including the Amended Long-Term Incentive Plan and the election of nine directors. The amendment gives the company more borrowing flexibility and lower borrowing costs, though the filing says the credit agreement still contains other restrictive covenants.
Revolver maturity extended to May 8, 2030; SOFR loan margins reduced to 1.125% to 1.750% and base rate margins to 0.125% to 0.750%
Letter of credit and swing line sublimits each raised from $5.0 million to $7.5 million
Incremental facilities cap raised from $100.0 million to $200.0 million; general debt and lien baskets raised to the greater of $290.0 million and 7.5% of consolidated net worth
Shareholders approved the Amended LTIP and say-on-pay (83,774,101 for, 5,327,242 against) at the May 8, 2025 annual meeting
CNO Financial Group reported first-quarter 2025 net income of $13.7 million, or $0.13 per diluted share, down from $112.3 million, or $1.01 per diluted share, a year earlier. The company said non-economic accounting impacts from market volatility reduced net income, while net operating income, which excludes those impacts, rose to $81.1 million, or $0.79 per diluted share, from $57.5 million. The company also reaffirmed its full-year 2025 and three-year return on equity guidance.
Net income was $13.7 million ($0.13 per diluted share) in 1Q25, versus $112.3 million ($1.01) in 1Q24.
Net operating income was $81.1 million ($0.79 per diluted share) in 1Q25, versus $57.5 million ($0.52) in 1Q24.
Management reaffirmed full-year 2025 and three-year return on equity guidance.
A conference call to discuss results is scheduled for April 29, 2025 at 11:00 a.m. Eastern Time.
CNO Financial Group reported fourth-quarter 2024 net income of $166.1 million, or $1.58 per diluted share, up from $36.3 million, or $0.32, a year earlier. Net operating income, which excludes non-economic market-volatility accounting impacts, rose to $138.0 million, or $1.31 per diluted share, from $133.9 million, or $1.18. For shareholders, full-year 2024 net income was $404.0 million, or $3.74 per diluted share, versus $276.5 million, or $2.40, in 2023, and the company returned $349.3 million to shareholders during the year.
4Q24 net income $166.1 million, $1.58 per diluted share, versus $36.3 million, $0.32 in 4Q23
4Q24 net operating income $138.0 million, $1.31 per diluted share, versus $133.9 million, $1.18 in 4Q23
Full-year 2024 net income $404.0 million, $3.74 per diluted share, versus $276.5 million, $2.40 in 2023
Returned $349.3 million to shareholders in 2024; $240.3 million of repurchase authority remained at December 31, 2024
CNO Financial Group named Joel Koehneman, a former PricewaterhouseCoopers audit partner and most recently a finance director at CDW Corporation, as chief accounting officer effective January 21, 2025. He succeeds Michellen Wildin, who was told of her replacement on January 2, 2025, and who will stay with the company through April 1, 2025 to support the transition, with the company saying her departure does not involve any disagreement on financial statements or internal controls.
Joel Koehneman, 39, becomes chief accounting officer effective January 21, 2025, and reports to CFO Paul McDonough
Compensation includes a $300,000 annual salary, a 50% target bonus, and a $100,000 one-time sign-on bonus
Michellen Wildin remains chief accounting officer through January 20, 2025 and is expected to stay through April 1, 2025
The company states Wildin's separation is not due to any disagreement on financial statements, internal control, operations, policies or practices
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CNO Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →