Second Quarter Results - Report on StanCorp Financial Group

Jul 31, 2015, 09:10 ET from

NEW YORK, July 31, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on StanCorp Financial Group, Inc. (NYSE: SFG). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Today, membership is open to readers on a complementary basis at the following URL:

Highlights from our SFG Report include:

  • Year-over-Year Growth - On July 23, 2015, StanCorp Financial Group, Inc. released results for the second quarter of 2015. The Company generated total revenue of $734.5 million, higher than $707.1 million in Q2 2014. Net income for the period was recorded at $64.3 million, an increase from $40.8 million in prior year quarter. Consequently, diluted earnings per share of the Company rose to $1.50 from $0.93 in previous year quarter. The increase was primarily due to more favorable claims experience in Employee Benefits and Individual Disability, partially offset by higher operating expenses and higher commissions and bonuses for the second quarter of 2015.
  • Insurance Services Segment Performance - In Q2 2015, the Company's insurance service segment generated income before income taxes of $74.7 million, higher than $44.0 million in Q2 2014. The increase was primarily due to more favorable claims experience and higher premiums in employee benefits and individual disability and was partially offset by higher operating expenses and higher commissions and bonuses. Employee Benefits premiums increased 4.6% YoY to $488.9 million for Q2 2015, aided by higher annualized new sales in the first six months of 2015 and favorable retention of existing customers. Individual Disability premiums were $50.9 million during the quarter, compared to $48.9 million in the prior year quarter. The segment recorded premium of $539.8 million, versus $516.2 million in previous year quarter.
  • Asset Management Segment under Review - The asset management segment of the Company reported income before income taxes of $24.5 million, an increase from $22.0 million in Q2 2014, supported by higher net investment income. The segment's premium amounted to $2.8 million, lower than $3.0 million in prior year quarter. Assets under administration, which include assets related to retirement plans, individual fixed annuities and commercial mortgage loans managed for third-party investors, increased 2.3% to $26.62 billion at June 30, 2015 from $26.03 billion at June 30, 2014.
  • Views of Management - Commenting on the strong second quarter results, Greg Ness, Chairman, President and CEO of StanCorp Financial Group, said, "Our second quarter results build on our strong start to 2015 with solid earnings in all of our businesses. I am especially pleased with increased sales and premium growth, combined with favorable claims experience in Employee Benefits, record earnings in our Individual Disability and Asset Management segments and record commercial mortgage loan originations."

To find out how this influences our rating on StanCorp Financial Group, Inc. read the full report in its entirety here:

About ACI Association: 

Active Charter Investors Association ("ACI Association") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ACI Association has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

ACI Association has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.


ACI Association, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ACI Association nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit


ACI Association is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at)

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.