Genworth Financial 'A'

Shares of Genworth Financial fell 1.9% in after-hours trading after CEO Tom McInerney is taking a temporary leave due to health issues. The board appointed Jerome Upton, the company's CFO, as interim president and CEO with immediate effect; Upton has worked at the company since 1998 and has been CFO since March 2023. The board said the management team is well positioned while Genworth continues to provide its services to support care decisions and long-term care planning. » More on de.investing.com

Genworth reported adjusted operating earnings of $0.28 per share in the first quarter, well ahead of analysts’ expectations, driven by mortgage-insurance subsidiary Enact, which contributed $140 million to results and released reserves. Enact also raised its quarterly dividend and delivered solid PMIERs solvency of 162%. At the same time, the CareScout platform grew strongly (placements +158% year‑over‑year), and Genworth continued capital actions, including $66 million in buybacks and $99 million in capital returns from Enact, with management targeting an additional capital return of around $500 million for 2026. » More on de.investing.com

Genworth Financial reported Q4 2025 earnings of $0.02 per share versus $0.11 expected, missing estimates by a wide margin. The company recorded a net income of $2 million; the mortgage-insurance segment Enact contributed an adjusted $146 million, while the closed‑block book—particularly long‑term care—was weighed down by heavy losses. The stock rose 3.55% premarket despite the disappointment. Genworth plans investments in the CareScout platform and is targeting significant growth in its services business in 2026. » More on de.investing.com