State Auto Financial (STFC) Posts Lighter Q3 Profit

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State Auto Financial Reports Third Quarter 2016 Results

November 3, 2016 7:25 AM EDT

Quarterly income of $0.24 per share Quarterly GAAP combined ratio of 105.0 Return on equity of (0.9)% Book value per share of $21.82

COLUMBUS, Ohio--(BUSINESS WIRE)-- State Auto Financial Corporation (NASDAQ: STFC) today reported third quarter 2016 net income of $10.1 million, or $0.24 per diluted share, versus net income of $20.7 million, or $0.50 per diluted share, for the third quarter of 2015. Net income from operations1 per diluted share for the third quarter 2016 was $0.10 versus net income from operations1 per diluted share of $0.33 for the... More