Mercury General Q2 net income rises 58% to $263.5 million, or $4.76 per share
Mercury General reported second-quarter 2026 net income of $263.5 million, or $4.76 per diluted share, up from $166.5 million, or $3.01 per share, a year earlier. Operating income, which excludes realized investment gains, rose 31.9% to $195.2 million, and the combined ratio improved to 89.9% from 92.5%. The company also declared a quarterly dividend of $0.3175 per share.
Key points
- Q2 2026 net income was $263.5 million ($4.76 per diluted share), compared with $166.5 million ($3.01 per share) in Q2 2025.
- Net premiums earned rose 9.6% to $1.50 billion; the combined ratio was 89.9%, versus 92.5% a year earlier.
- Catastrophe losses net of reinsurance were $75.0 million in Q2 2026, compared with $13.0 million in Q2 2025.
- Dividend of $0.3175 per share is payable September 24, 2026, to shareholders of record on September 10, 2026.
The filing
Written by AI on Nov 8, 2026, 1:00 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, 2026.
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.