Cna Financial Corp (NYSE:CNA) stock fell 2.50% (As on February 10, 11:24:12 AM UTC-4, Source: Google Finance) after the company posted lower than expected results for the fourth quarter of FY25. The company reported fourth quarter 2025 net income of $302 million, or $1.11 per share, versus $21 million, or $0.07 per share, in the prior year quarter.  Net income for the prior year quarter included a $290 million after-tax loss from a pension settlement transaction.  Net investment losses for the quarter were $15 million compared to $31 million in the prior year quarter.  Core income for the quarter was $317 million, versus $342 million in the prior year quarter. The P&C all-in combined ratio was 93.8% for the quarter and 94.7% for the full year, which include 1.5 points and 2.3 points of catastrophe losses, respectively.  Net written premiums grew 2% in the quarter and 5% for the year while new business was flat for the quarter but grew 4% for the full year with retention of 83%. Net investment income increased $9 million for the fourth quarter of 2025 and $60 million for the full year. Stockholders’ equity of $11.6 billion increased 11% from year-end 2024. Book value per share ex AOCI of $46.99 increased 10% from year-end 2024 adjusting for $3.84 of dividends per share.

Moreover, the Property & Casualty segments delivered core income of $449 million for the fourth quarter of 2025, a decrease of $2 million compared to the prior year quarter reflecting lower underlying underwriting results largely offset by higher net investment income.  P&C segments generated net written premium growth of 2%, due to renewal premium change of +4% and written rate of +2%. The Life & Group segment produced a core loss of $29 million for the fourth quarter of 2025 versus $18 million in the prior year quarter.  The Corporate & Other segment reported a core loss of $103 million for the fourth quarter of 2025 versus $91 million in the prior year quarter.

CNA in the fourth quarter of FY25 has reported the adjusted earnings per share of $1.16, missing the analysts’ estimates for the adjusted earnings per share of $1.2, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue of $3.46 billion in the fourth quarter of FY25, missing the analysts’ estimates for revenue by 1.17%.

Additionally, the company declared a quarterly cash dividend of $0.48 per share and a special dividend of $2.00 per share, payable March 12, 2026 to stockholders of record on February 23, 2026.