Piper Sandler Downgrades American Financial (AFG) to Neutral, 'We think AFG is facing a high-class problem'

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American Financial Group, Inc. Announces Fourth Quarter and Full Year Results and Declares Special Dividend

February 6, 2024 5:00 PM EST

Net earnings per share of $3.13 in the fourth quarter; full year net earnings per share of $10.05 Core net operating earnings per share of $2.84 in the fourth quarter; full year core net operating earnings per share of $10.56 Full year 2023 ROE of 18.8%; 2023 core operating ROE of 19.8% Specialty Property & Casualty fourth quarter calendar year combined ratio of 87.7% Full year total capital returned to shareholders approximately $900 million, includes $466 million ($5.50 per share) in special dividends Special cash dividend of $2.50 per share declared; payable February 28, 2024

CINCINNATI--(BUSINESS... More