LOEWS (L) Company Report

Loblaw will privately place $500 million aggregate principal amount of senior unsecured notes, maturing June 16, 2035, at a 4.387% annual interest rate.
The notes are being sold at par to qualified accredited investors in Canada, with closing expected on December 16, 2025.
Net proceeds will be used to repay borrowings under its syndicated revolving credit facility and for general corporate purposes.
The offering requires a minimum rating of “BBB (high)” with a positive trend from Morningstar DBRS and “BBB+” from Standard & Poor’s; notes will rank equally with all existing and future unsecured debt.

Dec 11, 2025, 10:48 PM

Loews reports Q3 2025 net income of $504 million

Earnings

Share Buyback

New Projects/Investments

Loews reported net income of $504 million, or $2.43 per share, in Q3 2025, up from $401 million, or $1.82 per share in Q3 2024.
CNA Financial contributed $371 million of net income (+43% YoY) and Boardwalk Pipelines net income was $94 million (+22% YoY).
Book value per share rose to $88.39 (from $79.49 at YE 2024) and, excluding AOCI, to $94.00 (from $88.18).
The company repurchased 0.6 million shares for $56 million during the quarter.
Boardwalk executed a precedent agreement for the Texas Gateway project, adding 1.5 Bcf/d capacity, bringing total announced growth to 4.2 Bcf/d at an anticipated cost of $3 billion.

Nov 3, 2025, 11:08 AM

Loews reports Q3 2025 results

Earnings

Share Buyback

Dividends

Loews reports Q3 2025 revenues of $4.671 billion (up 4.6% y/y) and net income of $504 million ($2.43/share) vs $401 million ($1.82/share) in Q3 2024.
Book value per share rose to $88.39 as of September 30, 2025 from $79.49 at year-end 2024, and parent cash & investments totaled $3.588 billion.
CNA segment net income increased 43% to $371 million, Boardwalk contributed $94 million (+22%), while Loews Hotels incurred a $3 million loss in Q3 2025.
Since June 30, 2025, Loews repurchased 0.9 million shares for $85 million and paid a $0.0625 dividend per share; subsidiaries distributed $189 million in dividends.

Nov 3, 2025, 11:00 AM

Loews Corporation reports Q3 2025 results

Earnings

Share Buyback

New Projects/Investments

Net income of $504 million, or $2.43 per share, in Q3 2025 vs. $401 million, or $1.82 per share, in Q3 2024
Book value per share increased to $88.39 (excluding AOCI: $94.00) as of Sept 30, 2025, from $79.49 (excluding AOCI: $88.18) at Dec 31, 2024
CNA Financial net income rose 43% to $371 million and Boardwalk Pipelines net income climbed 22% to $94 million year-over-year
Repurchased 0.6 million shares for $56 million in Q3 2025; held $3.6 billion of cash and investments against $1.8 billion of debt at Sept 30, 2025
Boardwalk Pipelines agreed a precedent deal for the Texas Gateway Project, adding 1.5 Bcf/d capacity—bringing total announced growth to 4.2 Bcf/d at an estimated cost of $3.0 billion

Nov 3, 2025, 11:00 AM

Loews Corp reports Q2 2025 results

Earnings

Share Buyback

Dividends

Revenues of $4.555 billion in Q2 2025, up from $4.267 billion in Q2 2024; net income of $391 million, or $1.87 per share, vs $369 million, or $1.67 per share in Q2 2024.
Book value per share rose to $84.42 as of June 30, 2025 (from $79.49 at December 31, 2024); excluding AOCI, it increased to $91.66 vs $88.18.
Cash and investments of $3.4 billion with parent debt of $1.8 billion at June 30, 2025; repurchased 3.0 million shares for $260 million since March 31, 2025; dividend maintained at $0.0625 per share.
Net income by segment: CNA $274 million, Boardwalk $88 million, Hotels $28 million and Corporate $1 million in Q2 2025.

Aug 4, 2025, 11:00 AM

Loews Corp Reports Q1 2025 Earnings, Share Buyback, and Segment Updates

Earnings

Dividends

Share Buyback

Loews Corp reported Q1 2025 net income of $370 million and EPS of $1.74, compared to Q1 2024 figures of $457 million and $2.05 per share, driven by lower underwriting income from CNA and reduced earnings from hotels and parent investments
The company repurchased 5.1 million common shares for $429 million since December 31, 2024, underscoring active capital allocation and a reduction in outstanding shares
Segment performance revealed CNA’s net income dropping from $310 million to $252 million, while Boardwalk Pipelines delivered $152 million in net income with improved EBITDA of $346 million supported by higher re-contracting rates and growth projects
Subsidiaries provided $686 million in dividends in Q1 2025, reinforcing a consistent dividend policy
The firm maintained robust liquidity with $3.5 billion in cash and investments
Book value per share, excluding AOCI, increased to $89.74 as of March 31, 2025, highlighting enhanced financial strength