Loews Q2 net income rises 6% to $391 million, or $1.87 per share
Loews Corporation reported second-quarter 2025 net income of $391 million, or $1.87 per share, up from $369 million, or $1.67 per share, a year earlier. Gains at Boardwalk Pipelines and the parent company offset a lower contribution from CNA Financial, which took an $81 million after-tax charge tied to legacy mass tort reserves.
Key points
- Net income attributable to Loews rose to $391 million ($1.87 per share) from $369 million ($1.67 per share) in Q2 2024.
- Boardwalk Pipelines net income rose to $88 million from $70 million, and EBITDA rose 14% to $274 million.
- CNA Financial net income fell to $274 million from $291 million, reflecting an $81 million after-tax mass tort development charge.
- Loews repurchased 2.9 million shares for $251 million in Q2 2025; book value per share rose to $84.42 from $79.49 at December 31, 2024.
The filing
Written by AI on Nov 8, 2026, 12:42 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 August 04, 2025.
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.