Track market-moving stories before they get noisy

NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.

If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

Key Details of the Hub Group ($HUBG) Class Action Investigation:

Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights Why is Hub Group Being Investigated for Securities Fraud?

Hub Group is a supply chain solutions provider that offers transportation and logistics management services. Hub Group is one of the largest freight transportation providers in North America. 

BFA is investigating Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.

Why did Hub Group’s Stock Drop?

On February 5, 2026, Hub Group announced that it would delay the full release of its fourth quarter and full year 2025 financial results and will restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable.

This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.

Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.

This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

What Can You Do?

If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Hub Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 5, 2026, Hub Group announced that it would restate its financial statements for the first, second, and third quarters of 2025 due to an error that resulted in the understatement of purchased transportation costs and accounts payable.  The Company disclosed that the total reduction to accounts payable and purchased transportation costs related to the identified error was $77 million for the nine months ended September 30, 2025.  The Company delayed its full earnings release and said that it was continuing to assess the potential impact on its financial statements for 2023 and 2024, indicating that the scope of the accounting errors may extend beyond 2025. 

On this news, Hub Group's stock price fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026. 

Then, on May 12, 2026, Hub Group disclosed that the financial information its 2023 and 2024 Annual Reports on Form 10-K contained material misstatements and should not be relied upon.  Specifically, Hub Group's Audit Committee "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported."  

On this news, Hub Group's stock price fell $5.24 per share, or 12.52%, to close at $36.62 per share on May 12, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.

If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

Key Details of the Hub Group ($HUBG) Class Action Investigation:

Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights Why is Hub Group Being Investigated for Securities Fraud?

Hub Group is a supply chain solutions provider that offers transportation and logistics management services. Hub Group is one of the largest freight transportation providers in North America. 

BFA is investigating Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.

Why did Hub Group’s Stock Drop?

On February 5, 2026, Hub Group announced that it would delay the full release of its fourth quarter and full year 2025 financial results and will restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable.

This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.

Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.

This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

What Can You Do?

If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

Expanded Iron Bridge Facility to Add 88,000 Gallons of Tank Storage, Upgraded AirSCWO™ Capacity Targeting $3M-$5M in Annual WDS Revenue at Initial Scale with Ongoing Negotiations to Double Capacity and Revenue Potential

MORRISVILLE, NC / ACCESS Newswire / June 9, 2026 / 374Water Inc. (NASDAQ:SCWO) ("374Water" or the "Company"), a cleantech and environmental services company commercializing supercritical water oxidation technology for the permanent destruction of PFAS and hazardous organic waste streams, today announced significant expanded footprint at the Iron Bridge Regional Water Reclamation Facility in the City of Orlando, Florida.

The amendment to the previously announced license agreement authorizes the full build-out of a customer-facing Waste Destruction Services ("WDS") hub and manufacturing and assembly facility at Iron Bridge, enabling 374Water to receive, store, and destroy a broad range of PFAS-contaminated waste streams at commercial scale. Manufacturing and commissioning activities will also be done on-site in four additional buildings, bringing the total area to over 35,000 square feet.

Expanded Facility Infrastructure

Under the amended License Agreement, 374Water will:

Add 88,000 gallons of onsite tank storage capacity for waste receipt and staging of PFAS and non-PFAS contaminated wastes

Upgrade its AirSCWO system for significantly higher throughput

Develop a customer-centric facility designed to serve industrial, municipal, and federal clients

Establish manufacturing and assembly operations to support system deployment and servicing

Continue negotiating with various partners to more than double the capacity with additional AirSCWO systems

At the planned initial scale, the Iron Bridge WDS facility is expected to generate between $3 million and $5 million in annual revenue and serve as a commercial reference model supporting future opportunities across a market representing millions of gallons of AFFF and other PFAS wastes.

The Company is in negotiations with strategic partners to expand the installed destruction capacity and revenue potential within the next few years, which would more than double installed capacity and position the facility as a major regional hub for permanent organic waste destruction.

Tanks arrive at the expanded 374Water Waste Destruction Facility in Orlando, FLA Model for Scalable, Recurring Revenue

The Iron Bridge expansion represents the most advanced deployment of 374Water's WDS business model to date - converting proven destruction technology into a contracted, recurring revenue platform. The City of Orlando and the Iron Bridge facility team have been vital partners, contributing site infrastructure, market networks, and deep operational expertise to support 374Water's commercial growth.

Tanks being installed at the 374Water Waste Destruction Facility in Orlando, FL will be able to receive various wastes including PFAS-saturated activated carbon, ion exchange resin, and Aqueous film-forming foam.The facility will serve as a host site for customers, partners, and strategic investors partnering with 374Water to bring AirSCWO to customers around the country."This License Agreement, including this amendment, with the City of Orlando marks a significant step forward in our mission to scale permanent PFAS destruction," said Brad Meyers, Chief Operating Officer of 374Water. "We are building more than a treatment facility - we are establishing a commercial infrastructure platform with the capacity, the partners, and the regulatory foundation to serve growing demand across markets. The City of Orlando and the Iron Bridge team have been exceptional partners in making this vision a reality."

Background

374Water and the City of Orlando began their partnership in March 2024 with the deployment of a commercial-scale AirSCWO system at Iron Bridge. In March 2026, the Company announced its first License Agreement with the City following the successful completion of a 90-day biosolids destruction campaign that achieved greater than 99.95% PFAS destruction. The amended License Agreement builds directly on that momentum, providing the expanded legal and operational framework needed to pursue full commercial scale.

About 374Water

374Water Inc. (NASDAQ:SCWO) is a cleantech and environmental services company developing supercritical water oxidation technology for the destruction of organic waste streams within the industrial, municipal, and federal markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of nonhazardous and hazardous organic wastes, producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.

Forward-Looking Statements

Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "anticipate," "believe," "confidence," "could," "design," "estimate," "expect," "intend," "may," "plan," "predict," "project," "potential," or other comparable terminology are intended to identify forward-looking statements. 374Water has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While 374Water believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the 374Water's control. These forward-looking statements are subject to risks and uncertainties, including those discussed under "Risk Factors" in 374Water's Form 10-K for the year ended December 31, 2025, and in 374Water's subsequent filings and reports with the SEC. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by laws, 374Water disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations Contact
Belton Copp
Vice President
Direct: 401-419-1545
[email protected]
www.374Water.com

SOURCE: 374Water Inc.

The CRAFTSMAN "Longest Day Build Hub" offers family-friendly DIY projects to help make the most of the summer solstice #CRAFTSMANCrew creators Nik & Liv and Alex D'Alessio share outdoor project guides, tools and materials lists, and inspiration for summer weekends Special offer from select retailers on the new CRAFTSMAN V20* ADVANCED™ 6Ah Battery which provides more power and longer runtime† , /PRNewswire/ -- This Father's Day, CRAFTSMAN®, a Stanley Black & Decker brand, is inviting families to trade extra daylight for extra time together with the launch of the "Longest Day Build Hub" on CRAFTSMAN.com.

Created to celebrate Father's Day falling on the summer solstice — the longest day of the year — the new hub gives DIY dads and their families everything they need to turn inspiration into action, with project ideas, build guides, tools and materials lists, and links to shop a special V20* ADVANCED™ Battery offer.

#CRAFTSMANCrew creators Nik & Liv bring the action to their backyard with an Adventure Structure featuring monkey bars, a swing and climbing elements.

#CRAFTSMANCrew creator Alex D'Alessio takes on a backyard refresh, showing how dads can use the season’s longest day to create a more functional, family-friendly outdoor space. To bring the hub to life, CRAFTSMAN tapped two of its sponsored #CRAFTSMANCrew creators (and parents!) – DIY duo Nik & Liv and renovation expert Alex D'Alessio – to share outdoor projects designed to help families build, play and make memories together all summer long.

The Builds:
Nik & Liv bring the action to their backyard with an Adventure Structure featuring monkey bars, a swing and climbing elements. Inspired by their travels and a love of the outdoors, it's the kind of build kids will talk about for years.

"Some of our favorite family memories come from building things outdoors that we can enjoy together. This project brings home a piece of our recent Switzerland adventure while making the most of the extra daylight, giving us a gift that lasts long after the tools are put away." - Nik & Liv

Alex D'Alessio takes on a backyard refresh, showing how dads can use the season's longest day to create a more functional, family-friendly outdoor space.

"I love that the Longest Day Build Hub gives dads an easy way to use the extra daylight for something meaningful. I cherish every moment I spend outside with my kids, and this project allows us to enjoy a refreshed backyard and gives my family a safe place to play." - Alex D'Alessio

The Longest Day Build Hub also features links to shop a deal on the new CRAFTSMAN V20* 6Ah ADVANCED™ Battery, with $100 in savings available through Lowe's, Amazon, and Ace Hardwareⱡ. Designed with more power† to handle demanding projects and tough materials, the battery helps DIYers keep projects moving from sunup to sundown.

More Daylight + More Power = More "Whoa"
The new V20* ADVANCED™ Batteries are available in two models: a V20* 6Ah battery, which delivers up to 3X the power and up to 3X the runtime, and a V20* 3Ah battery, which provides 96% more power and up to 50% more runtime†. Compatible with over 100 CRAFTSMAN V20* products across power tools and outdoor equipment, the V20* ADVANCED™ Batteries are like giving dad's existing toolbox a turbo boost.

To learn more about the CRAFTSMAN V20* ADVANCED™ Batteries and the entire line of CRAFTSMAN tools and solutions, visit www.craftsman.com.

* 20V MAX* battery, max initial voltage (w/out a workload) is 20 volts. Nominal voltage is 18.
† vs. CMCB202 2Ah battery, not in application, more runtime based on 10 Amp discharge test.
** Less temperature rise during full discharge, not in application vs. CMCB202 2 Ah battery.
ⱡ Offer applies to CMCB2106-CK only. Valid 6/1/2026 - 7/22/2026 (or while supplies last) in-store and online at ACE Hardware, and Lowe's, and on amazon.com. Prices may vary by retailer. May not be combined with any other discount or offer and does not apply to purchases made before or after the promotion dates. If you return the merchandise, the value of this promotion is not refunded or credited to your account. No cash value, except where prohibited by law. Other restrictions may apply.

About CRAFTSMAN

CRAFTSMAN® is the most trusted and recommended brand in Tools and Outdoor by DIYers±. With solutions for the home, yard and garage, CRAFTSMAN is committed to empowering DIYers at every stage of their journey. Crafted with the same innovation and expertise homeowners have come to expect and love, CRAFTSMAN is here to help DIYers BUILD ON™. For more information, visit www.craftsman.com or follow CRAFTSMAN on Facebook and Instagram.

± Rated among 25 leading competitive brands, based on an online national survey of 261 DIY tool and residential outdoor power equipment owners ages 18+, conducted in 10/2024.

About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 43,500 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world-class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.

SOURCE CRAFTSMAN

Dimensional Fund Advisors LP lifted its position in shares of Kemper Corporation (NYSE: KMPR) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,331,737 shares of the insurance provider's stock after purchasing an additional 97,354 shares during the quarter. Dimensional Fund

Kemper Corporation (NYSE: KMPR - Get Free Report) has been given a consensus recommendation of "Reduce" by the eight brokerages that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average

Kemper Corporation shows a compelling breakout pattern with significant pent-up value, pointing to the potential for a major rally. Profitability was pressured in 2025 by regulatory changes and claims severity, but restructuring efforts and new product initiatives are underway. Analysts forecast strong cash flow and profitability improvement post-2026, supported by a substantial bond portfolio.

-

CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) today announced that after the markets close on Wednesday, May 6, Kemper intends to issue its first quarter 2026 earnings release, financial supplement, and Form 10-Q. Following their publication, these documents will be available in the investor section of kemper.com.

Conference Call Details

Kemper will host its conference call to discuss first quarter 2026 results on Wednesday, May 6, at 5:00 pm Eastern (4:00 pm Central). The conference call will be accessible via the internet and telephone at 833.461.5787, Conference ID 496484973. To listen via webcast, register online at the investor section of kemper.com at least 15 minutes before the webcast to install any necessary software. A replay of the webcast will be available online at the investor section of kemper.com.

About Kemper

The Kemper family of companies is one of the nation's leading specialized insurers. With approximately $12 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.5 million policies, is represented by 24,100 agents and brokers, and has 7,400 associates dedicated to meeting the ever-changing needs of its customers. Learn more about Kemper.

More News From Kemper Corporation

Back to Newsroom

CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported a net loss of $1.7 million, or $(0.03) per share, for the first quarter of 2026, compared to net income of $99.7 million, or $1.54 per diluted share, for the first quarter of 2025.

Adjusted Consolidated Net Operating Income1 was $12.5 million, or $0.21 per share, for the first quarter of 2026, compared to Adjusted Consolidated Net Operating Income1 of $106.4 million, or $1.65 per diluted share, for the first quarter of 2025.

Summary of quarterly performance:

Adjusted Consolidated Net Operating Income1 of $12.5 million or $0.21 per share Specialty Personal Automobile’s operating results impacted by losses in California; taking rate and non-rate actions to improve profitability Specialty Commercial Automobile grew PIF at 10% YoY while producing an Underlying Combined Ratio1 of 92.4% Life business generated solid results driven by underwriting performance and management actions Restructuring initiatives well underway with $60 million run-rate savings identified and $50 million already actioned “Our results this quarter reflect continued pressure in parts of the business, particularly California personal auto, while other areas of the portfolio are performing well and contributing positively,” said C. Thomas Evans, Jr., Interim CEO. “This includes strong results in our commercial auto business and continued personal auto diversification into key markets like Florida and Texas. We are taking decisive actions across underwriting, claims, and expense to return the business to profitability and drive more consistent performance over time.”

Three Months Ended

(Dollars in Millions, Except Per Share Amounts) (Unaudited)

Mar 31,
2026

Mar 31,
2025

Net (Loss) Income

$

(1.7

)

$

99.7

Adjusted Consolidated Net Operating Income1

$

12.5

$

106.4

Impact of Catastrophe Losses and Related Loss Adjustment Expense (LAE) on Net (Loss) Income

$

(3.0

)

$

(5.6

)

Diluted Net (Loss) Income Per Share From:

Net (Loss) Income

$

(0.03

)

$

1.54

Adjusted Consolidated Net Operating Income1

$

0.21

$

1.65

Impact of Catastrophe Losses and Related LAE on Net (Loss) Income Per Share

$

(0.05

)

$

(0.09

)

Revenues

Total revenues for the first quarter of 2026 decreased $85.8 million to $1,107.2 million compared to the first quarter of 2025. The decline was primarily due to lower Specialty Personal Automobile volumes, a $28.0 million Florida Statutory Profit Limit Refund in the Specialty Property & Casualty Insurance segment, and a $12.7 million reduction in earned premiums from Non-Core Operations given the run-off of the Preferred Insurance business.

Segment Results

Unless otherwise noted, (i) the segment results discussed below are presented on an after-tax basis, (ii) prior-year development includes both catastrophe and non-catastrophe losses and LAE, (iii) catastrophe losses and LAE exclude the impact of prior-year development, (iv) loss ratio includes loss and LAE, and (v) all comparisons are made to the prior year quarter unless otherwise stated.

Three Months Ended

(Dollars in Millions) (Unaudited)

Mar 31,
2026

Mar 31,
2025

Segment Adjusted Net Operating Income:

Specialty Property & Casualty Insurance

$

0.1

$

97.9

Life Insurance

18.0

17.2

Total Segment Adjusted Net Operating Income

18.1

115.1

Corporate and Other Adjusted Net Operating Loss

(8.3

)

(11.4

)

Less: Net Loss attributable to Noncontrolling Interest

(2.7

)

(2.7

)

Adjusted Consolidated Net Operating Income1

12.5

106.4

Net (Loss) Income From:

Change in Fair Value of Equity and Convertible Securities

(1.0

)

0.1

Net Realized Investment Gains

0.3

0.7

Impairment Losses

(1.3

)

0.2

Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs

(5.0

)

(4.2

)

Debt Extinguishment, Pension Settlement and Other Charges

—

0.4

Non-Core Operations

(7.2

)

(3.9

)

Net (Loss) Income attributable to Kemper Corporation

$

(1.7

)

$

99.7

The Specialty Property and Casualty Insurance segment reported adjusted net operating income of $0.1 million in the first quarter of 2026, compared to adjusted net operating income of $97.9 million in the first quarter of 2025. This decrease was due primarily to an increase in our Specialty Personal Automobile Underlying loss and LAE ratio1. Specialty Personal Automobile’s Underlying loss and LAE ratio1 was 87.7 percent, compared to 70.1 percent in the first quarter of 2025. The increase was primarily driven by higher claim severity and frequency in California, lower business volumes, as well as a $28.0 million Florida Statutory Profit Limit Refund, partially offset by higher average earned premiums per exposure resulting from rate increases.

The Life Insurance segment reported adjusted net operating income of $18.0 million for the first quarter of 2026, compared to adjusted net operating income of $17.2 million in the first quarter of 2025. The improvement was primarily driven by lower Insurance Expenses and higher Earned Premiums, partially offset by higher Policyholders’ Benefits from life insurance products.

Capital

Total Kemper Corporation Shareholders’ Equity as of March 31, 2026 was $2,649.6 million, a decrease of $31.8 million, or 1 percent, since year-end 2025 primarily driven by comprehensive losses and dividend payments. Kemper and its direct non-insurance subsidiaries ended the quarter with cash and investments of $80.2 million, and $600.0 million of available borrowing capacity under the revolving credit agreement.

On February 4, 2026, Kemper announced that its Board of Directors declared a quarterly dividend of $0.32 per share, or $18.3 million. The dividend was paid on March 3, 2026, to its shareholders of record as of February 17, 2026.

Kemper ended the quarter with a book value per share of $45.05, a decrease of 1 percent from $45.71 at the end of 2025. Adjusted book value per share1 was $27.79 at the end of the quarter, compared to $28.06 at the end of 2025.

Unaudited Condensed Consolidated Statements of (Loss) Income for the three months ended March 31, 2026 and 2025 are presented below.

Three Months Ended

(Dollars in Millions, Except Per Share Amounts)

Mar 31,
2026

Mar 31,
2025

Revenues:

Earned Premiums2

$

999.3

$

1,087.9

Net Investment Income

107.1

101.2

Other Income

3.4

2.6

Change in Fair Value of Equity and Convertible Securities

(1.3

)

0.1

Net Realized Investment Gains

0.4

0.9

Impairment Losses

(1.7

)

0.3

Total Revenues

1,107.2

1,193.0

Expenses:

Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses3

828.8

767.3

Insurance and Other Expenses

277.0

294.5

Interest Expense

9.3

11.4

Total Expenses

1,115.1

1,073.2

(Loss) Income before Income Taxes

(7.9

)

119.8

Income Tax (Benefit) Expense

(3.5

)

22.8

Net (Loss) Income

(4.4

)

97.0

Less: Net Loss attributable to Noncontrolling Interest

(2.7

)

(2.7

)

Net (Loss) Income attributable to Kemper Corporation

$

(1.7

)

$

99.7

Net (Loss) Income attributable to Kemper Corporation per Unrestricted Share:

Basic

$

(0.03

)

$

1.56

Diluted

$

(0.03

)

$

1.54

Weighted-average Outstanding (Shares in Thousands):

Unrestricted Shares - Basic

58,742.8

63,886.7

Unrestricted Shares and Equivalent Shares - Diluted

58,742.8

64,652.8

Dividends Paid to Shareholders per Share

$

0.32

$

0.32

2 Includes a remeasurement gain related to the deferred profit liability within the Life insurance business of $0.9 million and $0.2 million for the three months ended March 31, 2026 and 2025, respectively.

3 Includes a remeasurement gain of $0.4 million and a remeasurement loss of $0.2 million related to the liability for future policyholder benefits within the Life insurance business for the three months ended March 31, 2026 and 2025, respectively.

Unaudited business segment revenues for the three months ended March 31, 2026 and 2025 are presented below.

Three Months Ended

(Dollars in Millions)

Mar 31,
2026

Mar 31,
2025

REVENUES:

Specialty Property & Casualty Insurance:

Earned Premiums:

Personal Automobile

$

647.0

$

753.7

Commercial Automobile

238.2

208.5

Total Earned Premiums

885.2

962.2

Net Investment Income

55.3

50.5

Other Income

2.7

1.3

Total Specialty Property & Casualty Insurance Revenues

943.2

1,014.0

Life Insurance:

Earned Premiums:

Life

85.6

83.7

Accident & Health

5.3

5.5

Property

9.9

10.5

Total Earned Premiums

100.8

99.7

Net Investment Income

48.7

48.4

Other Income

0.3

0.7

Total Life Insurance Revenues

149.8

148.8

Total Segment Revenues

1,093.0

1,162.8

Change in Fair Value of Equity and Convertible Securities

(1.3

)

0.1

Non-Core Operations

15.4

27.9

Net Realized Investment Gains, Impairment Losses, and Other2

0.1

2.2

Total Revenues

$

1,107.2

$

1,193.0

2 In the fourth quarter of 2025, the Company elected to change the presentation of Net Realized Investment Gains (Losses), Impairment Losses, and Other by combining them into a single line item. Prior-period amounts have been recast to conform to the current-period presentation.

KEMPER CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Dollars in Millions)

(Unaudited)

Mar 31,
2026

Dec 31,
2025

Assets:

Investments:

Fixed Maturities at Fair Value

$

6,672.2

$

6,743.3

Equity Securities at Fair Value

308.4

306.4

Equity Method Limited Liability Investments

176.1

176.0

Short-term Investments at Cost which Approximates Fair Value

296.6

313.5

Company-Owned Life Insurance

586.2

579.2

Loans to Policyholders

279.6

279.9

Other Investments

283.9

271.3

Total Investments

8,603.0

8,669.6

Cash

92.1

124.3

Receivables from Policyholders

997.1

965.2

Other Receivables

185.3

184.7

Deferred Policy Acquisition Costs

669.6

655.4

Goodwill

1,250.7

1,250.7

Current Income Tax Assets

40.2

40.7

Deferred Income Tax Assets

95.2

96.9

Other Assets

406.2

410.7

Assets of Consolidated Variable Interest Entity

Fixed Maturities at Fair Value

47.2

42.1

Short-term Investments at Cost which Approximates Fair Value

9.2

14.4

Cash

0.5

1.7

Receivables from Policyholders

7.7

10.4

Other Receivables

0.5

0.4

Deferred Policy Acquisition Costs

1.0

1.3

Deferred Income Tax Assets

5.0

4.2

Total Assets

$

12,410.5

$

12,472.7

  KEMPER CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (Continued)

(Dollars in Millions)

(Unaudited)

Mar 31,
2026

Dec 31,
2025

Liabilities and Shareholders’ Equity:

Insurance Reserves:

Life & Health

$

3,238.9

$

3,287.5

Property & Casualty

2,999.5

2,910.8

Total Insurance Reserves

6,238.4

6,198.3

Unearned Premiums

1,274.1

1,233.1

Policyholder Obligations

568.2

608.0

Deferred Income Tax Liabilities

4.3

14.8

Accrued Expenses and Other Liabilities

702.4

762.6

Long-term Debt, Non-current, at Amortized Cost

944.0

943.5

Liabilities of Consolidated Variable Interest Entity

Insurance Reserves

31.8

29.4

Unearned Premiums

9.9

12.1

Accrued Expenses and Other Liabilities

2.3

1.5

Total Liabilities

9,775.4

9,803.3

Kemper Corporation Shareholders’ Equity:

Common Stock

5.9

5.9

Paid-in Capital

1,732.6

1,723.9

Retained Earnings

1,137.8

1,157.8

Accumulated Other Comprehensive Loss

(226.7

)

(206.2

)

Total Kemper Corporation Shareholders’ Equity

2,649.6

2,681.4

Noncontrolling Interest

(14.5

)

(12.0

)

Total Shareholders’ Equity

2,635.1

2,669.4

Total Liabilities and Shareholders’ Equity

$

12,410.5

$

12,472.7

  Unaudited selected financial information for the Specialty Property & Casualty Insurance segment follows.

Three Months Ended

(Dollars in Millions)

Mar 31,
2026

Mar 31,
2025

Results of Operations

Net Premiums Written

$

925.0

$

1,068.8

Earned Premiums

$

885.2

$

962.2

Net Investment Income

55.3

50.5

Other Income

2.7

1.3

Total Revenues

943.2

1,014.0

Incurred Losses and LAE related to:

Current Year:

Non-catastrophe Losses and LAE

742.8

682.3

Catastrophe Losses and LAE

1.3

3.8

Prior Years:

Non-catastrophe Losses and LAE

3.2

0.5

Catastrophe Losses and LAE

0.4

0.2

Total Incurred Losses and LAE

747.7

686.8

Insurance Expenses

196.2

205.1

Segment Adjusted Operating (Loss) Income

(0.7

)

122.1

Income Tax (Benefit) Expense

(0.8

)

24.2

Total Segment Adjusted Net Operating Income

$

0.1

$

97.9

Ratios Based On Earned Premiums

Current Year Non-catastrophe Losses and LAE Ratio

84.0

%

70.9

%

Current Year Catastrophe Losses and LAE Ratio

0.1

0.4

Prior Years Non-catastrophe Losses and LAE Ratio

0.4

0.1

Prior Years Catastrophe Losses and LAE Ratio

—

—

Total Incurred Loss and LAE Ratio

84.5

71.4

Insurance Expense Ratio

22.2

21.3

Combined Ratio

106.7

%

92.7

%

Underlying Combined Ratio1

Current Year Non-catastrophe Losses and LAE Ratio

84.0

%

70.9

%

Insurance Expense Ratio

22.2

21.3

Underlying Combined Ratio1

106.2

%

92.2

%

Non-GAAP Measure Reconciliation

Combined Ratio

106.7

%

92.7

%

Less:

Current Year Catastrophe Losses and LAE Ratio

0.1

0.4

Prior Years Non-catastrophe Losses and LAE Ratio

0.4

0.1

Prior Years Catastrophe Losses and LAE Ratio

—

—

Underlying Combined Ratio1

106.2

%

92.2

%

Unaudited selected financial information for the Life Insurance segment follows.

Three Months Ended

(Dollars in Millions)

Mar 31,
2026

Mar 31,
2025

Results of Operations

Earned Premiums

$

100.8

$

99.7

Net Investment Income

48.7

48.4

Other Income

0.3

0.7

Total Revenues

149.8

148.8

Policyholders’ Benefits and Incurred Losses and LAE

64.0

62.2

Insurance Expenses

64.6

66.4

Segment Adjusted Operating Income

21.2

20.2

Income Tax Expense

3.2

3.0

Total Segment Adjusted Net Operating Income

$

18.0

$

17.2

Use of Non-GAAP Financial Measures

Adjusted Consolidated Net Operating Income1 is an after-tax, non-GAAP financial measure and is computed by excluding from Net (Loss) Income attributable to Kemper Corporation the after-tax impact of:

(i) Change in Fair Value of Equity and Convertible Securities;

(ii) Net Realized Investment Gains;

(iii) Impairment Losses;

(iv) Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs;

(v) Debt Extinguishment, Pension Settlement and Other Charges;

(vi) Goodwill Impairment Charges;

(vii) Non-Core Operations; and

(viii) Significant non-recurring or infrequent items that may not be indicative of ongoing operations

Significant non-recurring items are excluded when (a) the nature of the charge or gain is such that it is reasonably unlikely to recur within two years, and (b) there has been no similar charge or gain within the prior two years. The most directly comparable GAAP financial measure is Net (Loss) Income attributable to Kemper Corporation. There were no applicable significant non-recurring items that Kemper excluded from the calculation of Adjusted Consolidated Net Operating Income1 for the three months ended March 31, 2026 or 2025.

Kemper believes that Adjusted Consolidated Net Operating Income1 provides investors with a valuable measure of its ongoing performance because it reveals underlying operational performance trends that otherwise might be less apparent if the items were not excluded. Change in Fair Value of Equity and Convertible Securities, Net Realized Investment Gains and Impairment Losses related to investments included in Kemper’s results may vary significantly between periods and are generally driven by business decisions and external economic developments such as capital market conditions that impact the values of Kemper’s investments, the timing of which is unrelated to the insurance underwriting process. Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs may vary significantly between periods and are generally driven by the timing of acquisitions and business decisions which are unrelated to the insurance underwriting process. In the third quarter of 2025, a restructuring program was launched to achieve operational and organizational efficiencies. The Company will continue to evaluate additional efficiency opportunities through 2027. Debt Extinguishment, Pension Settlement and Other Charges relate to (i) loss from early extinguishment of debt, which is driven by Kemper’s financing and refinancing decisions and capital needs, as well as external economic developments such as debt market conditions, the timing of which is unrelated to the insurance underwriting process; (ii) settlement of pension plan obligations which are business decisions made by Kemper, the timing of which is unrelated to the underwriting process; and (iii) other charges that are non-standard, not part of the ordinary course of business, and unrelated to the insurance underwriting process. Goodwill Impairment Charges are excluded because they are infrequent and non-recurring charges. Non-Core Operations includes the results of our Preferred Insurance business which we expect to fully exit. These results are excluded because they are irrelevant to our ongoing operations and do not qualify for Discontinued Operations under Generally Accepted Accounting Principles ("GAAP"). Significant non-recurring items are excluded because, by their nature, they are not indicative of Kemper’s business or economic trends. The preceding non-GAAP financial measures should not be considered a substitute for the comparable GAAP financial measures, as they do not fully recognize the profitability of Kemper’s businesses.

A reconciliation of Net (Loss) Income attributable to Kemper Corporation to Adjusted Consolidated Net Operating Income1 for the three months ended March 31, 2026 and 2025 is presented below.

Three Months Ended

(Dollars in Millions) (Unaudited)

Mar 31,
2026

Mar 31,
2025

Net (Loss) Income attributable to Kemper Corporation

$

(1.7

)

$

99.7

Less Net (Loss) Income From:

Change in Fair Value of Equity and Convertible Securities

(1.0

)

0.1

Net Realized Investment Gains

0.3

0.7

Impairment Losses

(1.3

)

0.2

Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs

(5.0

)

(4.2

)

Debt Extinguishment, Pension Settlement and Other Charges

—

0.4

Non-Core Operations

(7.2

)

(3.9

)

Adjusted Consolidated Net Operating Income1

$

12.5

$

106.4

Diluted Adjusted Net Operating Income per Unrestricted Share1 is a non-GAAP financial measure computed by dividing Adjusted Net Operating Income1 by the weighted-average unrestricted shares and equivalent shares outstanding. The most directly comparable GAAP financial measure is Diluted Net (Loss) Income per Unrestricted Share.

A reconciliation of Diluted Net Operating (Loss) Income per Unrestricted Share to Diluted Adjusted Net Operating Income per Unrestricted Share1 for the three months ended March 31, 2026 and 2025 is presented below.

Three Months Ended

(Unaudited)

Mar 31,
2026

Mar 31,
2025

Diluted Net Operating (Loss) Income attributable to Kemper Corporation per Unrestricted Share

$

(0.03

)

$

1.54

Less Net (Loss) Income per Unrestricted Share From:

Change in Fair Value of Equity and Convertible Securities

(0.02

)

—

Net Realized Investment Gains

0.01

0.01

Impairment Losses

(0.02

)

—

Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs

(0.09

)

(0.07

)

Debt Extinguishment, Pension Settlement and Other Charges

—

0.01

Non-Core Operations

(0.12

)

(0.06

)

Diluted Adjusted Net Operating Income per Unrestricted Share1

$

0.21

$

1.65

Return on Adjusted Shareholders' Equity1 is a calculation that uses a non-GAAP financial measure. It is calculated by dividing the period’s annualized net income attributable to Kemper Corporation by the average shareholders’ equity excluding net unrealized gains and losses on fixed maturities, the change in discount rate on future life policyholder benefits and goodwill. Return on Shareholders’ Equity is the most directly comparable GAAP measure. We use this non-GAAP measure to identify and analyze the change in performance attributable to management efforts between periods. Kemper believes this non-GAAP financial measure is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period and are generally driven by economic developments, primarily capital market conditions, the magnitude and timing of which are not influenced by management. Kemper believes it enhances understanding and comparability of performance by highlighting underlying business activity and profitability drivers.

A reconciliation of Return on Shareholders’ Equity to Return on Adjusted Shareholders’ Equity1 is presented below:

Three Months Ended

(Dollars in Millions) (Unaudited)

Mar 31,
2026

Mar 31,
2025

Numerator:

Annualized Net (Loss) Income attributable to Kemper Corporation

$

(6.8

)

$

398.8

Denominator:

Average Shareholders' Equity2

$

2,665.5

$

2,853.0

Less: Average Net Unrealized Losses on Fixed Maturities

601.5

667.6

Less: Average Change in Discount Rate on Future Life Policyholder Benefits

(376.0

)

(373.2

)

Less: Average Goodwill

(1,250.7

)

(1,250.7

)

Average Adjusted Shareholders' Equity2

$

1,640.3

$

1,896.7

Return on Shareholders' Equity:

Return on Shareholders' Equity

(0.3

)%

14.0

%

Return on Adjusted Shareholders' Equity1

(0.4

)%

21.0

%

2 Average shareholders' equity and average adjusted shareholders’ equity is the simple average of the beginning and ending balances for the period. Average shareholders’ equity and average adjusted shareholders’ equity on a year-to-date basis is (a) the sum of the balance at the beginning of the year and the ending balance for each quarter within that year divided by (b) the number of quarters in the period presented plus one.

Underlying Combined Ratio1 is a non-GAAP financial measure. It is computed by adding the Current Year Non-catastrophe Losses and LAE Ratio with the Insurance Expense Ratio. The most directly comparable GAAP financial measure is the Combined Ratio, which is computed by adding Total Incurred Losses and LAE Ratio, including the impact of catastrophe losses and loss and LAE reserve development from prior years, with the Insurance Expense Ratio.

Kemper believes Underlying Losses and LAE and the Underlying Combined Ratio are useful to investors and uses these financial measures to reveal the trends in Kemper’s Property & Casualty Insurance segment that may be obscured by catastrophe losses and prior-year reserve development. These catastrophe losses may cause Kemper’s loss trends to vary significantly between periods as a result of their incidence of occurrence and magnitude and can have a significant impact on incurred losses and LAE and the Combined Ratio. Prior-year reserve developments are caused by unexpected loss development on historical reserves. Because reserve development relates to the re-estimation of losses from earlier periods, it has no bearing on the performance of Kemper’s insurance products in the current period. Kemper believes it is useful for investors to evaluate these components separately and in the aggregate when reviewing Kemper’s underwriting performance.

Adjusted Book Value Per Share1 is a calculation that uses a non-GAAP financial measure. It is calculated by dividing shareholders’ equity after excluding the after-tax impact of net unrealized gains and losses on fixed income securities, the change in discount rate on future life policyholder benefits and goodwill by total Common Shares Issued and Outstanding. Book value per share is the most directly comparable GAAP financial measure. Kemper uses the trends in book value per share excluding the after-tax impact of net unrealized gains and losses on fixed income securities, the change in discount rate on future life policyholder benefits and goodwill in conjunction with book value per share to identify and analyze the change in net worth excluding goodwill attributable to management efforts between periods. Kemper believes the non-GAAP financial measure is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period and are generally driven by economic developments, primarily capital market conditions, the magnitude and timing of which are not influenced by management. Kemper believes it enhances understanding and comparability of performance by highlighting underlying business activity and profitability drivers.

A reconciliation of Book Value Per Share to Adjusted Book Value Per Share1 is presented below:

As of

(Dollars and Shares in Millions Except Per Share Amounts) (Unaudited)

Mar 31,
2026

Dec 31,
2025

Numerator:

Kemper Corporation Shareholders’ Equity

$

2,649.6

$

2,681.4

Less: Net Unrealized Losses on Fixed Maturities

636.7

566.2

Less: Change in Discount Rate on Future Life Policyholder Benefits

(401.1

)

(350.8

)

Less: Goodwill

(1,250.7

)

(1,250.7

)

Adjusted Shareholders’ Equity

$

1,634.5

$

1,646.1

Denominator:

Common Shares Issued and Outstanding

58.821

58.667

Book Value Per Share:

Book Value Per Share

$

45.05

$

45.71

Less: Net Unrealized Losses on Fixed Maturities

10.82

9.65

Less: Change in Discount Rate on Future Life Policyholder Benefits

(6.82

)

(5.98

)

Less: Goodwill

(21.26

)

(21.32

)

Adjusted Book Value Per Share1

$

27.79

$

28.06

Conference Call

Kemper will host its conference call to discuss first quarter 2026 results on Wednesday, May 6, at 5:00 p.m. Eastern (4:00 p.m. Central). The conference call will be accessible via the internet and by telephone at 833.461.5787, Conference ID 496484973. To listen via webcast, register online at the investor section of kemper.com at least 15 minutes prior to the webcast to download and install any necessary software. A replay of the call will be available online at the investor section of kemper.com.

More detailed financial information can be found in Kemper’s Investor Financial Supplement and Earnings Call Presentation for the first quarter of 2026, which is available at the investor section of kemper.com.

About Kemper

The Kemper family of companies is one of the nation’s leading specialized insurers. With approximately $12 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.5 million policies, is represented by approximately 24,000 agents and brokers, and has approximately 7,300 associates dedicated to meeting the ever-changing needs of its customers.

Learn more about Kemper at kemper.com.

Caution Regarding Forward-Looking Statements

This press release may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Such statements involve known and unknown risks, uncertainties, and other factors, including but not limited to:

changes in the frequency and severity of insurance claims; claim development and the process of estimating claim reserves; the impacts of inflation; changes in interest rate environment; supply chain disruption; product demand and pricing; effects of legislative, governmental and regulatory actions; heightened competition; litigation outcomes and trends; investment risks; cybersecurity risks or incidents; impact of catastrophes; and other risks and uncertainties detailed in Kemper’s Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission (“SEC”). Kemper assumes no obligation to publicly correct or update any forward-looking statements as a result of events or developments subsequent to the date of this press release.

Kemper (KMPR - Free Report) reported $1.11 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 7%. EPS of $0.21 for the same period compares to $1.65 a year ago.

The reported revenue represents a surprise of -8.65% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $0.81, the EPS surprise was -73.99%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Kemper performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Specialty Property & Casualty Insurance - Commercial Automobile Insurance - Total Incurred Loss and LAE Ratio: 76% versus the two-analyst average estimate of 76.2%.Specialty Property & Casualty Insurance - Personal Automobile Insurance - Total Incurred Loss and LAE Ratio: 87.6% versus the two-analyst average estimate of 79.5%.Revenues- Life Insurance- Earned Premiums: $100.8 million versus the three-analyst average estimate of $98.76 million. The reported number represents a year-over-year change of +1.1%.Revenues- Specialty Property & Casualty Insurance- Earned Premiums: $885.2 million versus $1 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -8% change.Revenues- Net Investment Income: $107.1 million compared to the $107.75 million average estimate based on three analysts. The reported number represents a change of +5.8% year over year.Revenues- Life Insurance- Net Investment Income: $48.7 million versus the two-analyst average estimate of $48.35 million. The reported number represents a year-over-year change of +0.6%.Revenues- Specialty Property & Casualty Insurance- Total: $943.2 million versus $1.04 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7% change.Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Personal Automobile: $647 million versus the two-analyst average estimate of $728.37 million. The reported number represents a year-over-year change of -14.2%.Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Commercial Automobile: $238.2 million compared to the $250.82 million average estimate based on two analysts. The reported number represents a change of +14.2% year over year.Revenues- Life Insurance- Total: $149.8 million compared to the $146.29 million average estimate based on two analysts. The reported number represents a change of +0.7% year over year.Revenues- Specialty Property & Casualty Insurance- Net Investment Income: $55.3 million versus the two-analyst average estimate of $58.32 million. The reported number represents a year-over-year change of +9.5%.Revenues- Earned Premiums: $999.3 million compared to the $1.1 billion average estimate based on two analysts. The reported number represents a change of -8.1% year over year.View all Key Company Metrics for Kemper here>>>

Shares of Kemper have returned +3.5% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

MarketBeat Instant News Alerts

2 hours ago

Amkor Technology Target of Unusually Large Options Trading (NASDAQ:AMKR)MarketBeat

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) was the recipient of unusually large options trading on Friday. Investors acquired 12,436 call options on the company. This is an increase of approximately 48% compared to the average volume of 8,425 call options.

NASDAQ:AMKR

Read Amkor Technology Target of Unusually Large Options Trading (NASDAQ:AMKR)

3 hours ago

CocaCola (NYSE:KO) EVP Jennifer Mann Sells 23,984 SharesMarketBeat

CocaCola Company (The) (NYSE:KO - Get Free Report) EVP Jennifer Mann sold 23,984 shares of the firm's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the transaction, the executive vice president owned 157,400 shares of the company's stock, valued at approximately $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NYSE:KO

Read CocaCola (NYSE:KO) EVP Jennifer Mann Sells 23,984 Shares

Trending News All MarketBeat Instant News Alerts Sort By

Time Frame

Alert Type

Keywords

Page 1 of 324

Get 30 Days of MarketBeat All Access for Free

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools.

Start Your 30-Day Trial

Sign in to your free account to enjoy these benefits

In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer.

[url="]Kemper Corporation[/url] (NYSE: KMPR) today announced the appointment of Stephen J. McAnena as President and Chief Executive Officer, effective June 1.

SAN DIEGO, June 10, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Kemper Corporation (NYSE: KMPR) or certain of its executive officers violated state or federal securities laws. The investigation focuses on investors’ losses and whether they may be recoverable under federal securities laws.

What if I purchased Kemper securities?
If you purchased Kemper securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation.

Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.

There is no cost or obligation to you.

Background of the Investigation
On May 6, 2026, Kemper stated that “[t]he increase in minimum liability limits effective January 1, 2025, has led to greater attorney involvement in claims and higher loss costs.” Management further admitted: “This trend has developed over several quarters.” Kemper also stated that although the relevant California rate filing was “6.9%” in aggregate, it was “about 50 points on bodily injury.”

In light of these disclosures, Johnson Fistel is investigating whether Kemper complied with federal securities laws. If you suffered losses, or are a long-term holder of Kemper stock, contact Johnson Fistel.

About Johnson Fistel, PLLP | Top Law Firm – Securities Fraud & Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder litigation involving securities fraud, breaches of fiduciary duties, and other violations of state and federal law.

Johnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, the firm recovered approximately $90,725,000 for investors.

Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. This press release may be considered a promotional communication. The attorney responsible for this communication is Frank J. Johnson.

Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations
(619) 814-4471
[email protected]

Key Takeaways SLM Q1 EPS of $1.54 beat estimates and rose 10% y/y.Sallie Mae benefited from lower credit provisions and higher NII despite lower fee income.SLM raised the 2026 EPS outlook to $3.10-$3.20 on loan growth and planned share repurchases. SLM Corporation (SLM - Free Report) reported first-quarter 2026 earnings per share (EPS) of $1.54, beating the Zacks Consensus Estimate of $1.14. The metric rose 10% from the year-ago quarter. 

The quarterly results benefited from a rise in net interest income (NII), lower provisions for credit losses, and disciplined decisions across funding, expenses and capital management, partially offset by a decline in non-interest income and an increase in expenses.

The company’s GAAP net income attributable to common stock was $304 million compared with $301 million in the year-ago quarter.

Sallie Mae’s NII & Expenses RiseFirst-quarter NII totaled $375.4 million, up from $374.9 million in the prior-year quarter. The metric beat the Zacks Consensus Estimate by 2.4%.

The quarterly net interest margin was 5.29%, expanding 2 basis points year over year.

Quarterly non-interest income was $185 million, down from $206 million in the year-ago quarter. 

Non-interest expenses increased 10.7% year over year to $171 million. Compensation and benefits expenses rose 13.9% year over year to $103 million. Other operating expenses were $62 million, up 24.1% year over year.

SLM’s Credit Quality MixedIn the first quarter, the company reported provision benefits of $11 million, in contrast to provisions for credit losses of $23 million in the prior-year quarter.

Net charge-offs were $89 million in the reported quarter.

Delinquencies as a percentage of loans in repayment were 3.98% for the first quarter of 2026 compared with 3.58% in the prior-year quarter.

Loans in a hardship forbearance were 0.99% for the reported quarter compared with 0.92% in the year-ago quarter.

Sallie Mae’s Balance Sheet PositionAs of March 31, 2026, deposits totaled $20.5 billion, up from $20.1 billion in the year-ago quarter.

Private education loans held for investment, net, were $19.9 billion, down from $21.1 billion in the prior-year quarter.

Average loans outstanding, net, totaled $23.3 billion in the quarter. In the reported quarter, private education loan originations increased 5% year over year.

Key Ratios of SLMThe efficiency ratio was 30.6% compared with 26.6% in the year-ago quarter.

Return on assets was 4.2%, stable with the prior-year quarter.

Return on common equity was 56.4% compared with 60.1% in the year-ago quarter.

Sallie Mae Lifts 2026 Outlook as Growth Initiatives ExpandManagement raised the 2026 EPS guidance to $3.10-$3.20 (previous guidance was $2.70-$2.80). The updated view assumes full utilization of the $500-million share repurchase authorization in 2026 and roughly $1 billion of incremental loan sales beyond the initial plan.

Other elements of the company’s 2026 outlook were reaffirmed. Sallie Mae continues to expect year-over-year private education loan origination growth of 12-14%, net charge-offs of $345-$385 million and non-interest expenses of $750-$780 million. Executives also reiterated that the firm is preparing for expected multi-year growth tied to federal reforms affecting graduate lending, while continuing to build partnership capacity to support future flow sales.

Final Thoughts on SLMSallie Mae delivered a decent first-quarter performance, supported by stable NII, lower provisions for credit losses and strong loan sales. Growth in private education loan originations and continued capital deployment remain positives. However, higher expenses, a decline in non-interest income and elevated delinquency levels warrant close monitoring going forward.

SLM Corporation Price, Consensus and EPS Surprise

Currently, SLM carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance & Earnings Expectations of SLM’s PeersAlly Financial’s (ALLY - Free Report) first-quarter 2026 adjusted earnings of $1.11 per share surpassed the Zacks Consensus Estimate of 93 cents. The bottom line reflected a 90% jump from the year-ago quarter.

 Results primarily benefited from a rise in net financing revenues and a sharp increase in other revenues. Lower expenses and an increase in loan and deposit balances were tailwinds for ALLY. However, a rise in provisions was an undermining factor.

Navient (NAVI - Free Report) is scheduled to announce first-quarter 2026 results on April 29.

Over the past seven days, the Zacks Consensus Estimate for NAVI’s quarterly earnings has been unchanged at 17 cents. This implies a 39.3% decline from the prior-year quarter’s actual.

SLM Corporation (SLM) trades at a low 6.6x P/E, despite strong Q1 2026 results, high ROE, and dominant private student loan market share. Q1 2026 EPS beat at $1.54, with management raising full-year guidance to $3.10–$3.20, supported by a 5.29% net interest margin and aggressive capital returns. Rising overdue loans (3.98% vs. 3.58% YoY) and higher provisions highlight growing credit risk, partially masked by one-time reserve releases from loan sales.

Key Takeaways ENVA plans to acquire Grasshopper to add a national bank charter and expand lending and deposit reach.ENVA could lower funding costs by 300 to 400 bps using deposits, improving margins and flexibility.ENVA targets $175 to $230M revenue synergies in two years, with over 15% EPS accretion expected in year one. Enova International, Inc. (ENVA - Free Report) is trying to reshape its model with the planned acquisition of Grasshopper. The logic is straightforward: pair Enova’s online lending engine with a digital-first bank platform and bring a national bank charter into the mix.

If approvals come through and integration goes as planned, the deal could lower funding costs, widen product reach, and lift earnings power.

The path is not linear, though, and near-term expense and credit trends still matter.

ENVA’s Grasshopper Plan Adds a National Bank AngleStructurally, the transaction aims to combine Enova’s established online lending capabilities with Grasshopper’s digital-first banking infrastructure. That pairing is designed to create a tighter link between loan origination and a bank-based funding and deposit platform.

The national bank charter is the big unlock. It is expected to broaden access to both lending and deposit products, giving Enova more flexibility in how it funds loans and how it serves customers across the country.

Enova’s Funding Costs Could Improve With DepositsA key trend implication is the potential reset in Enova’s funding stack. Grasshopper’s deposit base is estimated to be 300–400 basis points cheaper than Enova’s existing securitization funding, which could materially change unit economics.

Lower funding costs typically allow a lender to price more competitively while maintaining returns, or to hold pricing steady and expand margins. Either way, cheaper deposits can improve balance-sheet flexibility by reducing reliance on capital markets timing and securitization conditions.

ENVA’s Synergy Targets Are Material in Two YearsManagement’s synergy targets are sizable relative to the scale of the move. The expectation is for revenue synergies of $175–$230 million within two years after close, with adjusted earnings per share accretion expected to exceed 15% in year one and rise beyond 25% as synergies mature.

Those figures create a clear “potential if executed” setup. The market will likely weigh these targets against integration complexity, the pace of deposit growth, and the time it takes to translate expanded product capacity into measurable originations and revenue.

ENVA’s Timeline and Approval Risk Are Part of the StoryThe timeline is not fully in management’s control. The deal is subject to regulatory approvals, including the Office of the Comptroller of the Currency and the Federal Reserve, as well as Grasshopper shareholder approval.

Closing is anticipated in the second half of 2026. Until those milestones are cleared, the market may treat synergy targets and funding benefits as probabilistic rather than assured, especially given the centrality of the charter and deposit platform to the strategic case.

The deal also comes with an investment phase, and the early signs are already visible. Acquisition-related expenses showed up in the first quarter of 2026, including $2.7 million of pre-tax costs tied to the transaction.

Expense ratios also remain elevated, with marketing, operations, technology, and general and administrative expense guidance for the second quarter signaling continued intensity. The core question for investors is whether this spending ultimately converts into sustained deposit traction, product expansion, and measurable synergy capture.

Enova’s What-To-Watch List as the Deal ProgressesThe first checkpoint is regulatory progress and the sequencing of required approvals. Clear milestones, timely filings, and transparent updates can reduce uncertainty around the closing window.

Next is evidence of funding mix improvement. Investors will want to see whether deposits begin to play a larger role and whether the implied 300–400 basis point cost advantage translates into reported funding costs and stronger lending economics.

Originations will be another key indicator, particularly as the product suite expands and the company tests broader reach across states and customer segments. Finally, watch whether expense intensity moderates as integration work stabilizes and whether early revenue synergies begin to show up in performance, validating the longer-term earnings accretion pathway.

ENVA’s Zacks Rank and Price PerformanceENVA carries a Zacks Rank of 2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Enova shares gained 74.4% in the past year compared with the industry’s rise of 34.7%.

Price Performance

Image Source: Zacks Investment Research

ENVA Peers Efforts to Expand InorganicallyCapital One’s (COF - Free Report) opportunistic buyouts over the years have been driving its revenues. In January 2026, it announced a deal to acquire Brex for $5.15 billion, which is expected to be closed in the middle of 2026. In May 2025, COF acquired Discover Financial in an all-stock transaction valued at $35.3 billion, reshaping the landscape of the credit card industry, creating a behemoth and unlocking substantial value for shareholders (the deal is expected to be more than 15% accretive to adjusted EPS by 2027). 

Sallie Mae (SLM - Free Report) has made efforts to expand its business operations on the back of investments in varied product offerings and inorganic activities. In 2023, the company acquired several vital assets, technology, intellectual property, and the experienced staff of Scholly, a scholarship publishing and servicing platform. In 2022, Sallie Mae closed the deal with Epic Research LLC to acquire a digital marketing and education solutions company, Nitro College. Such inorganic moves are likely to aid SLM in becoming a holistic education solutions provider for students and drive loan originations for the company.

-

Grant from The Sallie Mae Fund Will Expand Scholarship Access for Military Families

NEWARK, Del.--(BUSINESS WIRE)--In recognition of Military Appreciation Month, The Sallie Mae Fund today announced a contribution of $50,000 to Folds of Honor, a nonprofit organization dedicated to providing educational scholarships to the spouses and children of America’s fallen and disabled service members.

“The generosity of partners like Sallie Mae is what makes our mission possible,” said Allen Wronowski, regional impact officer, Folds of Honor. “Every scholarship we award is a direct result of organizations that believe, as we do, that children and spouses of our nation’s heroes deserve the chance to succeed. This contribution will make a real and lasting difference in the lives of military families across America.”

Since 2014, The Sallie Mae Fund has contributed a total of $635,000 to Folds of Honor, funding more than 100 scholarships for military families pursuing higher education nationwide.

“Our mission is grounded in expanding access to higher education and supporting student success,” said Nic Jafarieh, executive vice president, Sallie Mae. “The important work of Folds of Honor not only opens doors to higher education for deserving students but also serves as a powerful tribute to the servicemembers who made the ultimate sacrifice for our country. We are proud to continue to support those efforts.”

Sallie Mae’s commitment to veterans and service members extends beyond charitable giving. During Military Appreciation Month this May, team members will volunteer their time to support the Wilmington, Del. VA Medical Center. The company also employs a dedicated team of specially trained customer service advisors who work exclusively with military families to provide personalized support.

In addition, Sallie Mae offers free tools, resources, and access to scholarships to support veterans and military-connected students as they plan and pay for higher education.

Learn more at www.salliemae.com.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Community and Philanthropy

More News From Sallie Mae

Back to Newsroom

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”) announced today the commencement of a cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 3.125% senior notes (the “Notes”) upon the terms and conditions described in the Company’s Offer to Purchase, dated May 6, 2026 (the “Offer to Purchase”).

Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below.

Title of
Security

CUSIP/ISIN
Number

Principal
Amount
Outstanding

U.S. Treasury
Reference
Security

Bloomberg
Reference
Page

Fixed
Spread
(basis
points)

3.125% Senior
Notes due
2026(1)

78442P GE0 /
US78442PGE07

$500,000,000

4.125% U.S. Treasury due October 31, 2026

FIT 3

+25

The “Purchase Price” for each $1,000 principal amount of the Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer will be determined in the manner described in the Offer to Purchase by reference to the fixed spread specified above plus the yield based on the bid-side price of the U.S. Treasury Reference Security specified above, as quoted on the Bloomberg Bond Trader FIT 3 series of pages, at 2 p.m. New York City time, on May 12, 2026, the date on which the Tender Offer is currently scheduled to expire. The Purchase Price will be based on a yield to Nov. 2, 2026, the maturity date of the Notes, and assuming the Notes mature on such date, as described in the Offer to Purchase.

In addition to the Purchase Price, holders whose Notes are purchased pursuant to the Tender Offer will also receive accrued and unpaid interest thereon from the last interest payment date up to, but not including, the initial date on which the Company makes payment for such Notes, which date is currently expected to be May 15, 2026, assuming that the Tender Offer is not extended or earlier terminated.

The Tender Offer is being made pursuant to the terms and conditions contained in the Offer to Purchase and Notice of Guaranteed Delivery, copies of which may be obtained from D.F. King & Co., Inc., the tender agent and information agent for the Tender Offer, by calling (888) 626-0988 or, for banks and brokers, (212) 269-5550. Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: www.dfking.com/slm; or by requesting via email at [email protected].

The Tender Offer will expire at 5 p.m., New York City time, on May 12, 2026, unless extended or earlier terminated (such time and date, as the same may be extended, the “Expiration Time”). Tendered Notes may be withdrawn at any time before the Expiration Time. Holders of Notes must validly tender and not validly withdraw their Notes (or comply with the procedures for guaranteed delivery) before the Expiration Time to be eligible to receive the consideration for their Notes.

Settlement for all Notes tendered prior to the Expiration Time or pursuant to a Notice of Guaranteed Delivery is expected to be May 15, 2026, assuming that the Tender Offer is not extended or earlier terminated.

There can be no assurance that any Notes will be purchased. The Tender Offer is being made in connection with a contemporaneous offering of senior debt securities by the Company on terms and conditions (including, but not limited to, the amount of proceeds raised in such offering) satisfactory to the Company (the “New Notes Offering”). The Tender Offer is not conditioned upon any minimum amount of Notes being tendered. The Tender Offer may be amended, extended, terminated or withdrawn. Proceeds from the New Notes Offering will be used to repurchase Notes pursuant to the Tender Offer. The Tender Offer is conditioned upon, among other things, the completion of the New Notes Offering, and no assurance can be given that the New Notes Offering will be completed.

The Company expects to repay any Notes not tendered and accepted for purchase pursuant to the Tender Offer at their maturity. Subject to the completion of the New Notes Offering and the consummation of the Tender Offer, the Company expects to deposit with Deutsche Bank National Trust Company, as trustee funds sufficient to repay at their maturity the Notes not tendered and accepted for purchase pursuant to the Tender Offer, and thereby satisfy and discharge the indenture governing the Notes, as it applies to the Notes, shortly after the Settlement Date. The Company has retained J.P. Morgan Securities LLC to serve as the exclusive Dealer Manager for the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to J.P. Morgan Securities LLC, Liability Management Desk, U.S. toll free at (866) 834-4666 or collect at (212) 834-7489.

This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer and does not constitute a notice of redemption for the Notes.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast,” “medium term,” “long term,” and other similar words. Such statements include, but are not limited to, statements about SLM’s (together with its subsidiaries, “Sallie Mae”) plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are based on Sallie Mae’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, among others, those set forth in Item 1A. “Risk Factors” and elsewhere in the SLM’s most recently filed Annual Report on Form 10-K, and other risks and uncertainties discussed from time to time in the SLM’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which Sallie Mae is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. Sallie Mae does not assume any obligation to publicly update, revise, or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements that occur after the date such statements were made. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement. In light of these risks, uncertainties, and assumptions, you should not put undue reliance on any forward-looking statements herein.

Category: Corporate and Financial

-

Company Offers Competitive Interest Rates, No Origination Fees, and Multiple Repayment Options Ahead of Changes to Federal Student Loan Program

Expanded Access to Graduate and Law Loans Follow Recent Enhancements to Medical School and Dental School Financing Options

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced expanded access to responsible financing for students pursuing graduate and law degrees. The Sallie Mae ® Graduate Loan and Sallie Mae ® Law School Loan offer competitive interest rates, no origination fees, and multiple repayment options during school, and can cover up to 100% of the school-certified cost of attendance.

“Students pursuing advanced degrees need a financing partner they can rely on, especially as they navigate changes to federal student loan programs,” said Patrick Freeman, Senior Vice President, Sallie Mae.

Share Graduate and professional programs vary in cost, length, and structure, and many students rely on borrowing to fill gaps after scholarships, grants, and federal financial aid. Sallie Mae has made enhancements so that more qualified students may access funding and designed its graduate and law school loans to help students cover school costs, including tuition, fees, and living expenses. These enhancements build on Sallie Mae’s market-leading graduate-degree loan options, including recent updates to its Medical School Loan and Dental School Loan.

Graduate and Law School Loans Designed for Advanced Degree Programs and Timelines
Sallie Mae’s Graduate Loan and Law School Loan share core features, including:

Ability to prequalify with no impact on credit scores, allowing students to check eligibility and receive an estimated rate before applying. Repayment flexibility, including up to 12 months of interest-only payments, allowing students to ease into repayment as they transition into their careers. Cosigner release option, allowing qualified borrowers to apply for cosigner release after meeting graduation, on-time payment, and other eligibility requirements. Dedicated graduate and professional student support teams, with experience supporting advanced degree timelines and requirements. 100% U.S.-based loan servicing, providing support from application through repayment. Graduate Loan Options for a Range of Programs
The Sallie Mae Graduate Loan supports students pursuing master’s, doctoral, and professional degrees, as well as select graduate certificate programs at participating schools. The loan offers a six‑month grace period after graduation and up to 48 months of deferment for qualifying internships, residencies, or fellowships, giving students time and flexibility before full payments begin.

Law School Loan Features Designed for Legal Education and Bar Preparation
The Sallie Mae Law School Loan is built specifically for the law school journey, recognizing the unique costs and career timelines law students face, from coursework and clerkships to bar exam preparation. Repayment terms include a nine‑month grace period after graduation and up to 48 months of deferment for qualifying clerkships or internships. Qualifying law students may also apply for the Sallie Mae® Bar Study Loan to help cover bar exam preparation costs.

“Students pursuing advanced degrees need a financing partner they can rely on, especially as they navigate changes to federal student loan programs,” said Patrick Freeman, Senior Vice President, Sallie Mae. “We’ve long been a trusted name in responsible student financing, and we’re well prepared to support more students with options to help them confidently access and complete their graduate education programs.”

How Sallie Mae Supports Graduate Student Success Beyond Financing
In addition to responsible private student loans and savings products, Sallie Mae offers free tools and guidance through Sallie to help students and families navigate the higher education journey with confidence. Sallie represents the broader brand that brings those financial products together with a growing set of resources to support students and families at every step, from planning and saving to paying for school, including:

The $5,000 Graduate School No Essay Scholarship, awarded quarterly through a short application. Scholly ® Scholarship Search, which helps students find and apply for scholarships aligned with their background and goals, including nearly 2,000 scholarships for graduate students. The Bridging the Dream Scholarship for Graduate Students, available June 1 and offered through The Sallie Mae Fund, which will award 20 scholarships this year worth $200,000. To learn more about Sallie Mae’s graduate and professional school loan options, visit SallieMae.com.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Student Loans

More News From Sallie Mae

Back to Newsroom

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”), announced today the final results and expiration of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 3.125% senior notes (the “Notes”) upon the terms and conditions described in the Company’s Offer to Purchase, dated May 6, 2026 (the “Offer to Purchase”). Capitalized terms used and not defined herein shall have the meaning ascribed to them in the Offer to Purchase.

As of 5 p.m., New York City time, on May 12, 2026, the Expiration Time for the Tender Offer, the Company had received tenders for an aggregate principal amount of $448,412,000 of Notes outstanding, or 89.68% of the aggregate principal amount of Notes outstanding. These amounts exclude $226,000 aggregate principal amount of Notes that remain subject to the guaranteed delivery procedures described in the Offer to Purchase and the Notice of Guaranteed Delivery.

In accordance with the terms of the Tender Offer, the Company will pay the Purchase Price for the Notes validly tendered prior to the Expiration Time or pursuant to the Notice of Guaranteed Delivery on May 15, 2026 (the “Settlement Date”). The Purchase Price for the Notes is $995.83 for each $1,000 principal amount of Notes validly tendered and accepted for purchase pursuant to the Tender Offer, plus accrued and unpaid interest on such Notes from the last interest payment date up to, but not including, the Settlement Date. For the avoidance of doubt, interest on the Notes will cease to accrue on the Settlement Date for all Notes accepted in the Tender Offer. All Notes purchased on the Settlement Date will subsequently be cancelled.

There can be no assurance that any Notes will be purchased. The Tender Offer is being made in connection with a contemporaneous offering of senior debt securities by the Company on terms and conditions (including, but not limited to, the amount of proceeds raised in such offering) satisfactory to the Company (the “New Notes Offering”). The Tender Offer is not conditioned upon any minimum amount of Notes being tendered. The Tender Offer may be amended, extended, terminated or withdrawn. Proceeds from the New Notes Offering will be used to repurchase Notes pursuant to the Tender Offer. The Tender Offer is conditioned upon, among other things, the completion of the New Notes Offering, and no assurance can be given that the New Notes Offering will be completed.

The Company expects to repay any Notes not tendered and accepted for purchase pursuant to the Tender Offer at their maturity. Subject to the completion of the New Notes Offering and the consummation of the Tender Offer, the Company expects to deposit with Deutsche Bank National Trust Company, as trustee funds sufficient to repay at their maturity the Notes not tendered and accepted for purchase pursuant to the Tender Offer, and thereby satisfy and discharge the indenture governing the Notes, as it applies to the Notes, shortly after the Settlement Date. The Company has retained J.P. Morgan Securities LLC to serve as the exclusive Dealer Manager for the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to J.P. Morgan Securities LLC, Liability Management Desk, U.S. toll free at (866) 834-4666 or collect at (212) 834-7489.

This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer and does not constitute a notice of redemption for the Notes.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast,” “medium term,” “long term,” and other similar words. Such statements include, but are not limited to, statements about SLM’s (together with its subsidiaries, “Sallie Mae”) plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are based on Sallie Mae’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, among others, those set forth in Item 1A. “Risk Factors” and elsewhere in the SLM’s most recently filed Annual Report on Form 10-K, and other risks and uncertainties discussed from time to time in the SLM’s other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which Sallie Mae is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. Sallie Mae does not assume any obligation to publicly update, revise, or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements that occur after the date such statements were made. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement. In light of these risks, uncertainties, and assumptions, you should not put undue reliance on any forward-looking statements herein.

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financials Conference on Wednesday, June 10, at 7:30 a.m. ET.

A live audio webcast and replay will be available at SallieMae.com/investors.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20260529047762/en/

CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs. Insider Cluster Buys: Stocks that multiple company officers and directors have bought. Double Buys: Companies that both Gurus and Insiders are buying Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

-

Twenty Scholarships Worth Up to $200,000 Will be Awarded to Students Pursuing Advanced Degrees Through The Bridging the Dream Scholarship for Graduate Students

The Sallie Mae Fund Also Offering Scholarships to Help Undergraduate Students Complete Their Education Through its Completing the Dream Scholarship Program

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced it is expanding its Bridging the Dream Scholarship for Graduate Students. The Sallie Mae Fund is doubling the number of scholarships available, now offering 20 scholarships of up to $10,000 each to help students complete their graduate program across fields including nursing, healthcare, law, and education.

“As more students pursue graduate education to advance their careers and meet critical workforce needs, access to scholarships becomes even more important,” said Nic Jafarieh, Executive Vice President, Sallie Mae.

Share Eligible applicants must be enrolled in or accepted to an accredited graduate or professional degree program, demonstrate financial need, and show a commitment to making a positive impact in their communities. The Bridging the Dream Scholarship for Graduate Students is administered by Thurgood Marshall College Fund (TMCF) and the application period runs through July 17, 2026.

“Receiving the Bridging the Dream Scholarship has been life-changing,” said Bridging the Dream Scholarship recipient Kendrick Claxton, a doctoral candidate in Educational Leadership at Arkansas State University-Beebe. “This support helped me access the resources I need to succeed and focus more on my studies instead of financial stress. It’s not just a scholarship—it’s a bridge to opportunities I might not have had otherwise.”

“As more students pursue graduate education to advance their careers and meet critical workforce needs, access to scholarships becomes even more important,” said Nic Jafarieh, Executive Vice President, Sallie Mae. “Our expanded Bridging the Dream Scholarship for Graduate Students will help more students access advanced education, stay on track, and complete their degrees.”

The Sallie Mae Fund is also offering 50 Completing the Dream Scholarships which provide up to $2,500 to eligible students on track to complete their program during the academic year 2026-2027 at a two- or four-year college, career training, or other post-secondary education program. Since 2021, the program has awarded nearly 1,000 scholarships to help students navigate unplanned expenses and complete their higher education.

“Through our work with The Sallie Mae Fund, we’re expanding access to scholarship opportunities for students who need it most,” said Dr. Harry L. Williams, President and CEO of Thurgood Marshall College Fund. “These scholarship programs provide the support and resources that help students advance their education and support their communities.”

Since 2021, The Sallie Mae Fund has awarded nearly $5 million in scholarships to help students access and complete higher education. In addition to the Bridging the Dream Scholarship Program, Sallie Mae offers free tools and resources to help families plan and pay for college, including Scholly® Scholarship Search, which also provides access to nearly 2,000 scholarships for graduate students.

The application window for the Bridging the Dream Scholarship for Graduate Students and the Completing the Dream Scholarship is open through July 17, 2026. Apply today at SallieMae.com.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Community and Philanthropy

More News From Sallie Mae

Back to Newsroom

On June 10, 2026, SLM Corp SLM shares fell 7.6% to a current price of $21.30. This decline comes amidst a broader trend of volatility, with the stock showing a 52-week range between $17.77 and $34.97.

GF Value™ verdict: The current price is $21.30, which is 12.2% below the GF Value™ of $24.25.GF Score™: 81/100, indicating a strong overall score.Most notable signal: Financial Strength is ranked 3/10, suggesting potential concerns in this area. Is SLM Overvalued or Undervalued? According to the GF Value™, SLM Corp is currently undervalued. With a current price of $21.30, which is 12.2% below the estimated fair value of $24.25, there appears to be a margin of safety for potential investors. The GF Valuation label indicates that the stock is "Modestly Undervalued," presenting an opportunity for investors looking to capitalize on discrepancies between market price and intrinsic value. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

However, while the current valuation may suggest an opportunity, investors should proceed with caution. The company's financial strength rating of 3/10 highlights potential risks that could impact future performance. Therefore, while the stock may be undervalued, the underlying financial strength concerns warrant a careful assessment before making any investment decisions.

How Does SLM's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 5.9x 7.9x Forward P/E 6.8x - SLM's current P/E ratio of 5.9x is significantly below its 5-year median P/E of 7.9x, indicating that the stock is trading at a discount relative to its historical valuation. This analysis aligns with the GF Value™ verdict of being undervalued. The forward P/E of 6.8x also suggests that future earnings expectations are not overly optimistic, supporting the notion that the current price may present a buying opportunity.

What Does SLM's GF Score™ Tell Us? Metric Rating GF Score™ 81 Financial Strength 3/10 Profitability 7/10 Growth 9/10 Valuation 9/10 Momentum 4/10 SLM's GF Score™ of 81/100 reflects strong potential in several areas, particularly in growth (9/10) and valuation (9/10). However, the financial strength score of 3/10 indicates that the company may face challenges in its financial stability. The profitability rank of 7/10 suggests that while the company is generating profits, there may be room for improvement. Overall, the scores highlight a mixed picture: while SLM exhibits strong growth and valuation metrics, the weaknesses in financial strength and momentum could be red flags for cautious investors.

What Are Insiders Doing with SLM Stock? There have been no insider transactions in the last three months for SLM Corp. This lack of activity could suggest that insiders are either content with the current valuation or uncertain about the company's short-term prospects. In general, insider buying can signal confidence in the company's growth trajectory, while selling can indicate a lack of confidence. The absence of recent transactions leaves uncertainty regarding insider sentiment.

What This Means for Investors Based on the analysis, SLM Corp appears to be undervalued according to the GF Value™, with a current price of $21.30 representing a 12.2% discount to its estimated fair value of $24.25. However, potential investors should consider the company's financial strength concerns before making any decisions.

For the complete analysis, visit the SLM Corp SLM stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is SLM's GF Score™?

SLM's GF Score™ is 81/100, indicating a strong overall assessment based on key financial metrics.

Is SLM overvalued or undervalued?

SLM is currently undervalued, with a GF Value™ of $24.25 compared to a market price of $21.30.

What is SLM's P/E ratio?

SLM's P/E ratio is 5.9x, which is 25% below its 5-year median P/E of 7.9x, indicating that the stock is trading at a discount to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Insulet delivered robust Q1 2026 results, with revenue up 34% to $762M and operating margins expanding to 17.5%. Insulet raised full-year guidance to 21-23% sales growth and expects adjusted earnings to exceed $6.25 per share, reflecting strong Omnipod 5 adoption. Valuation has rebounded, with shares trading at 70x forward earnings and 10x sales, leaving little room for error amid decelerating growth.