Finance & Banking · Week of Nov 2, 2026
Q3 earnings and capital returns lead the week in finance releases
Q3 2026 earnings from Allstate, MGIC, LendingTree, Autohome and Community Healthcare Trust led the week, alongside buybacks, an ETF launch and deals.
Third-quarter 2026 results dominated the week. Allstate said net income applicable to common shareholders fell to $2.1 billion from $3.7 billion, citing higher catastrophe losses. MGIC Investment Corporation reported net income of $175.0 million, and Autohome reported lower revenue and net income. LendingTree said revenue rose 12% but posted a GAAP net loss tied to a $98.8 million non-cash goodwill charge. Community Healthcare Trust reported higher net income and FFO. Several of these companies paired results with capital returns. Allstate said it returned about $1.5 billion to shareholders, MGIC and Autohome detailed share repurchases, and MGIC, Autohome and Community Healthcare Trust declared dividends.
Outside earnings, AllianceBernstein launched an actively managed covered-call ETF on the NASDAQ. Braemar Hotels & Resorts closed a $372 million resort sale ahead of its planned move to self-management. Curaleaf said its takeover offer for Aurora Cannabis remains outstanding after Aurora announced an alternative transaction from Organigram Global.
The Allstate Corporation
Allstate Reports Excellent Q3 2026 Results
Allstate reported Q3 2026 revenues of $17.3 billion and net income applicable to common shareholders of $2,050 million, or $8.03 per diluted share, down from $3,717 million. The company attributes the decline mainly to catastrophe losses of $1,650 million versus $558 million a year earlier, a 2025 gain on the sale of its group health business and net investment losses; it says about $1.5 billion was returned to shareholders in the quarter.
MGIC Investment Corporation
MGIC Investment Corporation Reports Third Quarter 2026 Results
MGIC reported Q3 2026 net income of $175.0 million, or $0.85 per diluted share, versus $191.1 million, or $0.83, a year earlier, with insurance in force of $307.3 billion and losses incurred rising to $23.9 million. The company repurchased 5.1 million shares for $152.5 million in the quarter, agreed terms on quota share reinsurance for 2028 and 2029 NIW, and declared a $0.17 dividend payable November 23, 2026.
Autohome Inc.
Autohome Inc. Announces Unaudited Third Quarter 2026 Financial Results
Autohome said Q3 2026 net revenues fell to RMB1,315.0 million (US$196.1 million) from RMB1,778.1 million, and net income attributable to the company dropped to RMB195.0 million from RMB436.6 million. The board approved a cash dividend of US$1.58 per ADS, and the company says it had repurchased 7,062,030 ADSs for about US$155.4 million under its US$400 million buyback as of October 30, 2026.
LendingTree, Inc.
LENDINGTREE REPORTS THIRD QUARTER 2026 RESULTS
LendingTree reported Q3 2026 revenue of $343.6 million, up 12%, and a GAAP net loss of $(72.4) million, or $(5.15) per diluted share, driven by a $98.8 million non-cash goodwill charge. Insurance segment revenue rose 15% to $234.9 million, and the company updated its full-year 2026 outlook to revenue of $1.30 to $1.31 billion and adjusted EBITDA of $151 - $153 million.
Community Healthcare Trust Incorporated
Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2026
Community Healthcare Trust reported net income of about $3.1 million, or $0.09 per diluted share, and FFO of $0.54 per diluted share for the quarter, and declared an unchanged $0.33 quarterly dividend payable November 25, 2026. The company says it has completed $32.3 million in property dispositions since the close of Q2 and has four properties under definitive purchase agreements for about $99.0 million.
AllianceBernstein
AllianceBernstein Launches Actively Managed AB Equity Premium Income ETF
AllianceBernstein launched AB Equity Premium Income ETF (INK), an actively managed NASDAQ-listed fund pairing S&P 500 Index exposure with a written covered call overlay to generate income. The company says the fund seeks monthly distributions but notes there is no guarantee they will be paid or at a stable rate, and that writing calls can limit gains in a sharply rising market.
Braemar Hotels & Resorts Inc.
BRAEMAR HOTELS & RESORTS ANNOUNCES CLOSING ON SALE OF FOUR SEASONS RESORT SCOTTSDALE
Braemar Hotels & Resorts closed the sale of the 210-room Four Seasons Resort Scottsdale for $372 million, or $1.8 million per key, which it says represents a 5.8% capitalization rate and a 15.0x Hotel EBITDA multiple. The company expects the proceeds and cash on hand to fund remaining fees owed to its external advisor and says it remains on track to become a self-managed REIT in mid-November.
Curaleaf Holdings, Inc.
Curaleaf Issues Statement Regarding Alternative Proposal for Aurora Cannabis
Curaleaf said its enhanced October 6, 2026 offer for all outstanding common shares of Aurora Cannabis remains outstanding after Aurora announced an alternative transaction from Organigram Global. Curaleaf says its offer provides better value and that material details of the Organigram deal have not been disclosed, and it criticizes Aurora's board for refusing due diligence access.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not AutoInvest Plus reporting.