Finance & Banking · Week of Nov 2, 2026
Q3 results and capital returns dominate: the week in finance
Third-quarter results led the week, with most reporters pairing earnings with buybacks or dividends, alongside a hotel sale, a takeover contest and an ETF.
Third-quarter 2026 results made up most of the week's releases, and several companies reported lower profits. Allstate said net income applicable to common shareholders fell to $2.1 billion from $3.7 billion, mainly on higher catastrophe losses. Autohome reported lower net revenues and net income, and LendingTree posted a GAAP net loss tied to a $98.8 million non-cash goodwill charge even as revenue rose 12%. MGIC and Community Healthcare Trust reported higher per-share earnings.
Capital returns were a common thread. Allstate said it returned about $1.5 billion through repurchases and dividends. MGIC reported $152.5 million in third-quarter buybacks plus another $70.2 million in October. Autohome approved a US$1.58 per ADS dividend and continued its US$400 million buyback, and Community Healthcare Trust held its dividend at $0.33. Outside earnings, Braemar Hotels & Resorts closed a $372 million resort sale, Curaleaf said its bid for Aurora Cannabis still stands against a rival Organigram proposal, and AllianceBernstein launched a covered-call equity income ETF.
The Allstate Corporation
Allstate Reports Excellent Q3 2026 Results
Allstate reported third-quarter 2026 revenues of $17.3 billion, up 0.5%, while net income applicable to common shareholders fell to $2,050 million, or $8.03 per diluted share, from $3,717 million, with catastrophe losses of $1,650 million versus $558 million a year earlier. The company says it returned about $1.5 billion to shareholders in the quarter and has $1.3 billion remaining under its $4.0 billion repurchase authorization.
MGIC Investment Corporation
MGIC Investment Corporation Reports Third Quarter 2026 Results
MGIC reported third-quarter 2026 net income of $175.0 million, or $0.85 per diluted share, compared with $191.1 million, or $0.83, a year earlier, with insurance in force reaching $307.3 billion and losses incurred rising to $23.9 million from $10.9 million. The company also agreed to terms on 40% and 20% quota share reinsurance transactions for eligible 2028 and 2029 NIW and declared a $0.17 dividend payable on November 23, 2026.
Autohome Inc.
Autohome Inc. Announces Unaudited Third Quarter 2026 Financial Results
Autohome said 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, with declines across media services, leads generation and online marketplace. The board approved a cash dividend of US$1.58 per ADS, totaling approximately RMB1 billion, and the company had repurchased about US$155.4 million of ADSs under its US$400 million program as of October 30, 2026.
LendingTree, Inc.
LENDINGTREE REPORTS THIRD QUARTER 2026 RESULTS
LendingTree reported third-quarter 2026 revenue of $343.6 million, up 12%, led by a 15% rise in Insurance segment revenue to $234.9 million, but posted a GAAP net loss of $(72.4) million, or $(5.15) per diluted share, due to a $98.8 million non-cash goodwill charge. Its updated full-year 2026 outlook calls for 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 ended September 30, 2026, 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 end of the second quarter 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) on the NASDAQ, an actively managed fund that pairs S&P 500 Index exposure with a written covered call option overlay to generate income. The company notes that monthly distributions are not guaranteed and that writing call options 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 the company says represents a 5.8% capitalization rate and a 15.0x trailing Hotel EBITDA multiple. Braemar says the proceeds and cash on hand will fund remaining fees owed to its external advisor ahead of its planned transition to 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 argues its offer provides better value and says material details of the Organigram deal, including any break fee and investor rights for BAT, have not been disclosed.
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 Seedtime Money reporting.