Discontinued — last reported Q3 '25

Other Income & Expense

Accretion (Amortization) of Investment Discounts and Premiums

Progressive Accretion (Amortization) of Investment Discounts and Premiums increased by 65.4% to $43.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 561.5%, from $6.50M to $43.00M. Over 4 years (FY 2021 to FY 2025), Accretion (Amortization) of Investment Discounts and Premiums shows an upward trend with a -1.2% CAGR.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ3 2025

How to read this metric

Reflects the interest rate environment and the composition of the company's investment portfolio.

Detailed definition

The adjustment to the carrying value of investment securities to reflect the amortization of premiums or the accretion o...

Peer comparison

Common in financial institutions and insurance companies with large fixed-income portfolios.

Metric ID: is_isrg_accretion_amortization_of_investments

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$30.40M-$35.10M-$33.10M-$27.00M-$2.20M$27.60M$26.80M$5.00M$500.00K$2.10M-$49.00M$7.50M$12.60M$3.40M$6.50M$21.00M$34.00M$26.00M$43.00M
QoQ Change-15.5%+5.7%+18.4%+91.9%>999%-2.9%-81.3%-90.0%+320.0%<-999%+115.3%+68.0%-73.0%+91.2%+223.1%+61.9%-23.5%+65.4%
YoY Change+92.8%+178.6%+181.0%+118.5%+122.7%-92.4%-282.8%+50.0%>999%+61.9%+113.3%+180.0%+169.8%+664.7%+561.5%
Range-$49.00M$43.00M
CAGR+8.0%
Avg YoY Growth+302.6%
Median YoY Growth+122.7%

Frequently Asked Questions

What is Progressive's accretion (amortization) of investment discounts and premiums?
Progressive (PGR) reported accretion (amortization) of investment discounts and premiums of $43.00M in Q4 2025.
How has Progressive's accretion (amortization) of investment discounts and premiums changed year-over-year?
Progressive's accretion (amortization) of investment discounts and premiums increased by 561.5% year-over-year, from $6.50M to $43.00M.
What is the long-term trend for Progressive's accretion (amortization) of investment discounts and premiums?
Over 4 years (2021 to 2025), Progressive's accretion (amortization) of investment discounts and premiums has grown at a -1.2% compound annual growth rate (CAGR), from -$130.30M to $124.00M.
What does accretion (amortization) of investment discounts and premiums mean?
The periodic adjustment to investment income to account for the difference between a bond's purchase price and its face value.

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