State Auto Financial (STFC) Tops Q2 EPS by 17c, Revenues Beat

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State Auto Financial Reports Second Quarter 2020 Results

August 6, 2020 6:00 AM EDT

Quarterly income of $0.74 per share Quarterly net loss from operations1 of $0.59 per share Quarterly GAAP combined ratio of 114.7 Quarterly SAP personal and commercial segments' combined ratio2 of 111.5 Return on equity of (3.9)% Book value per share of $21.26

COLUMBUS, Ohio--(BUSINESS WIRE)-- State Auto Financial Corporation (NASDAQ: STFC) today reported second quarter 2020 net income of $34.3 million, or $0.74 per diluted share, compared to a net loss of $6.2 million, or $0.14 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share... More