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Cincinnati Financial Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Cincinnati Financial holds $41.2B in total assets. Shareholders' equity is $15.7B against $791.0M in total debt. Cash and equivalents total $1.2B. Based on the Q1 2026 filing.

Total Assets$41.2BTotal Stockholders Equity$15.7BLong Term Debt$791.0MCash And Equivalents$1.2B
Latest FilingQ1 2026
Report Date2026-04-27
Market Cap$26.0B
P/E Ratio9.44
ROE18.73%

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.5B$1.5B$1.5B$1.5B$1.6B$1.6B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss$510M$487M$466M$388M$375M$443M
Accumulated other comprehensive income (loss)-$309M-$271M-$249M-$84M-$34M-$185M
Common stock397M500M500M500M500M500M
Common Stock Par Value Per Share$2.00$2.00$2.00$2.00$2.00$2.00
Common Stock Shares Issued198.3M198.3M198.3M198.3M198.3M198.3M
Additional paid-in capital$1.5B$1.5B$1.5B$1.5B$1.6B$1.6B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$397M$397M$397M$397M$397M$397M
Treasury Stock, Value$2.5B$2.6B$2.6B$2.6B$2.7B$2.9B
Investments - Gross Unrealized Losses$12.4B$10.8B$10.3B$8.3B$7.9B$11.5B
Retained earnings$14.9B$14.6B$15.2B$16.2B$16.7B$16.8B
Total liabilities and stockholders' equity$36.5B$37.3B$38.8B$40.6B$41B$41.2B
Total stockholders' equity$13.9B$13.7B$14.3B$15.4B$15.9B$15.7B
Treasury stock$2.5B$2.6B$2.6B$2.6B$2.7B$2.9B
Unrealized Gains on Investments$78M$96M$124M$212M$216M$131M
Unrealized Losses on Investments (Before Tax)$631M$582M$582M$429M$397M$532M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Amortized Cost—$1.2B$1.1B$1B—$840M
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)—$1.2B$1.1B$1B—$840M
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)$5.8B$5.8B$5.4B$5.5B$5.7B$5.4B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$5.8B$5.8B$5.4B$5.5B$5.7B$5.4B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$6.6B$5B$4.9B$2.8B$2.2B$6.2B
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)$6.6B$5B$4.9B$2.8B$2.2B$6.2B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$5.8B$5.8B$5.4B$5.5B$5.7B$5.4B
AFS and Trading Securities - Unrealized Loss Position Fair Value$12.4B$10.8B$10.3B$8.3B$7.9B$11.5B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$6.6B$5B$4.9B$2.8B$2.2B$6.2B
Cash and cash equivalents$983M$1B$995M$1.5B$1.4B$1.2B
Cash, Cash Equivalents, and Marketable Securities$12.4B$10.8B$10.3B$8.3B$7.9B$11.5B
Current Equity Amortized Cost$4B$4B$4B$4.2B$4.2B$4.4B
Equity Securities (FV-NI) - Cost Basis$4B$4B$4B$4.2B$4.2B$4.4B
Accrued investment income$222M$224M$223M$233M$235M$247M
Trading assets—$1.2B$1.1B$1B—$838M
Financing Receivables$120M$122M$121M$147M$146M$142M
Premiums receivable$3B$3.2B$3.4B$3.3B$3.1B$3.3B
Prepaid reinsurance premiums$70M$93M$130M$100M$71M$95M
Loans and Lending Commitments$120M$122M$121M$147M$146M$142M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)—$3.8B$3.8B$3.7B—$3.4B
Allowance for credit losses$33M$35M$47M$41M$54M$54M
Gross loans$120M$122M$121M$147M$146M$142M
Purchased Credit Deteriorated Loans$120M$122M$121M$147M$146M$142M
Equity Amortized Cost$4B$4B$4B$4.2B$4.2B$4.4B
Available-for-sale securities$16.2B$17B$17.5B$17.8B$18.3B$18.9B
Total investment securities$28.6B$28.7B$29.8B$31.3B$32B$32.2B
Deferred policy acquisition costs$1.2B$1.3B$1.4B$1.4B$1.3B$1.4B
Equity securities$11.2B$11.1B$11.6B$12.5B$12.7B$12.6B
Separate account assets$952M$959M$991M$971M$981M$988M
Investments - Cost Basis$4B$4B$4B$4.2B$4.2B$4.4B
Long-term investments$298M$100M$100M$149M$148M$49M
Investments$28.4B$28.5B$29.6B$31.1B$31.8B$32B
Finance receivable$120M———$146M—
Other Assets$828M$903M$1.1B$998M$995M$982M
Reinsurance recoverable$523M$808M$749M$679M$655M$627M
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$298M$100M$100M$149M$148M$49M
Non-Marketable Equity Securities - Carrying Value$87M$89M$94M$100M$102M$99M
Other Investments$713M$740M$743M$773M$818M$838M
Other non-current assets$828M$903M$1.1B$998M$995M$982M
Accumulated depreciation$347M$354M$355M$361M$367M$373M
Property and equipment, net$214M$216M$214M$213M$219M$214M
Total assets$36.5B$37.3B$38.8B$40.6B$41B$41.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$4B$4B$4B$4.2B$4.2B$4.4B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$631M$582M$582M$429M$397M$532M
Gross Unrealized Gains$78M$96M$124M$212M$216M$131M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$3.8B$4B$4.1B—$4.8B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$3.8B$3.9B$4.1B—$4.8B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$3.8B$3.8B$3.7B—$3.4B
Due after five years through ten years—22.6%22.8%23.1%—25.6%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$3.8B$3.8B$3.7B—$3.4B
Due after ten years—47.3%49.0%50.6%—51.5%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10—$8.3B$8.8B$9.2B—$9.9B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10—$7.9B$8.4B$9B—$9.6B
Due after one year through five years—22.7%21.9%20.7%—18.4%
Available For Sale Securities Debt Maturities Average—100.0%100.0%100.0%—100.0%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One—$1.2B$1.1B$1B—$840M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$1.2B$1.1B$1B—$838M
Due in one year or less—7.4%6.3%5.6%—4.5%
Available for sale investments$16.2B$16.5B$17.1B$17.6B$18.1B$18.5B
Fixed-maturity securities, total unrealized loss$631M$582M$582M$429M$397M$532M
Common stock, par value (in dollars per share)$2$2$2$2$2$2
Common stock, shares authorized (in shares)$500M$500M$500M$500M$500M$500M
Common stock, shares issued (in shares)$198.3M$198.3M$198.3M$198.3M$198.3M$198.3M
Debt issuances$793M$793M$793M$793M$793M$793M
Debt Instrument, Fair Value Disclosure$860M$867M$874M$877M$874M$859M
Debt Securities, Available-for-Sale, Allowance for Credit Loss$33M$35M$47M$41M$54M$54M
Debt Securities, Available-for-Sale, Amortized Cost, after Allowance for Credit Loss$16.7B$17B$17.5B$17.8B$18.3B$18.9B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$510M$487M$466M$388M$375M$443M
Less than 12 months$6.6B$5B$4.9B$2.8B$2.2B$6.2B
12 months or more$5.8B$5.8B$5.4B$5.5B$5.7B$5.4B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$121M$95M$116M$41M$22M$89M
Debt Securities, Available-for-Sale, Unrealized Loss Position$12.4B$10.8B$10.3B$8.3B$7.9B$11.5B
Deferred Tax Liabilities, Gross$1.5B$1.5B$1.6B$1.8B$1.8B$1.7B
Deferred income taxes$1.5B———$1.8B—
Cost$4B$4B$4B$4.2B$4.2B$4.4B
Investments, Available-for-Sale$16.5B$16.6B$17.2B$17.8B$18.3B$18.6B
Investments, Available-for-Sale, Accumulated Gross Unrealized Gain Before Tax$78M$96M$124M$212M$216M$131M
Investments, Available-for-Sale, Accumulated Gross Unrealized Loss Before Tax$631M$582M$582M$429M$397M$532M
Investments, available-for-sale, amortized cost basis$17B$17.1B$17.6B$18B$18.5B$19B
Investments Fair Value Disclosure$28.6B$28.7B$29.8B$31.3B$32B$32.2B
Fair value of largest single common stock holding$891M$786M$903M$940M$958M$881M
Largest equity holdings to total equity portfolio8.2%7.3%8.0%7.7%7.7%7.2%
Largest equity holdings to total investment portfolio3.2%2.8%3.1%3.1%3.1%2.8%
Liabilities Related to Investment Contracts, Fair Value Disclosure$688M$678M$674M$666M$653M$637M
Loans Receivable Fair Value Disclosure$41M$42M$42M$42M$43M$43M
Long-Term Debt and Lease Obligation$850M$853M$859M$858M$861M$859M
Marketable Securities$11.2B$11.1B$11.6B$12.5B$12.7B$12.6B
Number of fixed-maturity securities in continuous unrealized loss position and below 70 percent of amortized cost19.0034.0048.0017.0013.0017.00
Number of fixed-maturity securities in a total unrealized loss position3723.003679.003537.002831.002597.003356.00
Outstanding principle and interest for life policy loans$36M$36M$36M$37M$38M$39M
Short-term investments, available-for-sale, accumulated gross unrealized gain, before tax$0$0$0$0$0$0
Short-term investments, available-for-sale, accumulated gross unrealized loss, before tax$0$0$0$0$0$0
Short-term investments, available-for-sale, amortized cost basis$298M$100M$100M$149M$148M$49M
Treasury stock, shares (in shares)$41.9M$42M$42M$42.3M$42.9M$43.7M

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Liability for Claims and Claims Adjustment Expense$10B$10.8B$11.1B$11.3B$11.5B$12B
Unearned premiums$4.8B$5.1B$5.4B$5.4B$5.3B$5.4B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Instrument Face Amount$793M$793M$793M$793M$793M$793M
Debt Maturity - 5 to 10 Years—$3.8B$3.9B$4.1B—$4.8B
Debt Maturity - Over 10 Years—$8.3B$8.8B$9.2B—$9.9B
Deferred tax liabilities$1.5B$1.5B$1.6B$1.8B$1.8B$1.7B
Future policy benefits$3B$3B$3B$3B$3B$3B
Insurance Liabilities and Annuity Benefits$3B———$3B—
Reserve for insurance claims$10B$10.8B$11.1B$11.3B$11.5B$12B
Separate account liabilities$952M$959M$991M$971M$981M$988M
Long-term debt$790M$790M$790M$790M$790M$791M
Long-Term Debt and Finance Lease Obligations$850M$853M$859M$858M$861M$859M
Long-Term Debt - Fair Value$860M$867M$874M$877M$874M$859M
Loss and loss expense reserves$10B———$11.5B—
Notes Payable - Fair Value$25M$25M$25M$25M$25M$25M
Other non-current liabilities$1.5B$1.4B$1.6B$1.8B$1.6B$1.6B
Senior unsecured notes, net$25M$25M$25M$25M$25M$25M
Total liabilities$22.6B$23.6B$24.5B$25.2B$25.1B$25.5B