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AI brief of an SEC Form 8-K · Erie Indemnity (ERIE)

Erie Indemnity Q2 net income rises to $163.9 million, or $3.13 per diluted share

Positive Impact 3 of 5 earnings Written later

Erie Indemnity reported second-quarter 2024 net income of $163.9 million, or $3.13 per diluted share, up from $117.9 million, or $2.25 per share, a year earlier. The board also declared a quarterly dividend of $1.275 per Class A share, payable October 22, 2024, which is higher than the $1.19 declared in the second quarter of 2023.

Key points

  • Q2 2024 net income $163.9 million vs. $117.9 million in Q2 2023; diluted EPS $3.13 vs. $2.25
  • Q2 2024 operating income $190.2 million, up 41.8% from $134.2 million, driven by policy issuance and renewal management fee revenue up $127.5 million
  • First-half 2024 net income $288.5 million, or $5.52 per diluted share, vs. $204.1 million, or $3.90, in first half 2023
  • Dividend No. 377: $1.275 per Class A share; record and ex-dividend date October 7, 2024; payable October 22, 2024

The filing

CompanyErie Indemnity (ERIE)
Form8-K, current report
Filed with the SECJul 25, 2024, 4:20 PM ET
Accession number0000922621-24-000018

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.