Home / Business and Economy / Primerica Soars: Q1 Earnings Jump 18% on Record Sales
Primerica Soars: Q1 Earnings Jump 18% on Record Sales
7 May
Summary
- Record Investment and Savings Products sales reached $4.3 billion.
- Client assets under management grew to $127 billion.
- Net earnings per diluted share saw an 18% increase.
Primerica, Inc. reported strong financial results for the first quarter of 2026, concluding on March 31, 2026. The company achieved record sales for its Investment and Savings Products (ISP), reaching $4.3 billion, marking a 22% increase over the prior year period.
ISP client assets under management grew by 15% to $127 billion. Net earnings per diluted share (EPS) saw an 18% increase, reaching $5.97, with a return on stockholders' equity (ROE) of 30.6%.
Total revenues climbed 8% to $872.7 million, and net income increased by 12%. The company also repurchased $135 million of common stock and declared a dividend of $1.20 per share.
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