CNO Financial Group

CNO is the 4-billion-dollar insurance company better known by its subsidiaries – Bankers Life and Casualty, Washington National, Colonial Penn, and 40|86 Advisors. Together, we serve the basic insurance needs of the fast-growing, but under-served middle market and provide our customers with financial security for their life, health, and retirement needs. Our corporate offices are located in Carmel, Ind.; Chicago; and Philadelphia. We were incorporated in 1979 and began operations in 1982. In 1985, we became Conseco, Inc., a publicly-traded company, and in 2010, we changed our name to CNO Financial Group, Inc. Today, we serve more than 4 million middle-income working Americans and retirees. We fill a unique niche, offering long-term care, life and supplemental health insurance, and annuity products to middle-income, retirement-aged Americans. And with a target market of more than 50 million households across America, we’re poised for remarkable growth. How our insurance companies distribute their products: Washington National Insurance Company distributes to customers at home and at the worksite through independent insurance agents and its Performance Matters Associates marketing arm. Bankers Life and Casualty Company distributes through career Bankers insurance agents. Colonial Penn Life Insurance Company distributes direct to customers via television, internet and direct mail.

Company Growth (employees)
Type
Public
HQ
Carmel, US
Founded
1979
Size (employees)
3,400 (est)
Website
cnoinc.com
CNO Financial Group was founded in 1979 and is headquartered in Carmel, US

CNO Financial Group Office Locations

CNO Financial Group has an office in Carmel
Carmel, US (HQ)
11825 N Pennsylvania St

CNO Financial Group Data and Metrics

CNO Financial Group Financial Metrics

CNO Financial Group's revenue was reported to be $1.1 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.1 b

Net income (Q1, 2017)

62.3 m

Market capitalization (15-Aug-2017)

4 b
CNO Financial Group's current market capitalization is $4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.5 b4.1 b3.8 b4 b

Revenue growth, %

(7%)(8%)5%

Operating expense total

3.4 b3.6 b

EBIT

304.8 m175.1 m367.7 m

EBIT margin, %

7%4%10%

Interest expense

94.9 m116.4 m

Pre tax profit

367.7 m353.2 m

Net Income

478 m51.4 m270.7 m358.2 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

959.5 m904.5 m960.4 m1 b1 b1.1 b

Pre tax profit

72.7 m52.4 m40.5 m82.7 m49.3 m96.7 m

Net Income

46.8 m33.8 m45.5 m59.9 m18.6 m62.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Inventories

26.2 b

Total Assets

34.8 b31.2 b31.1 b32 b

Accounts Payable

11 b

Total Liabilities

27.5 b

Common Stock

2.2 m2 m1.8 m1.7 m

Additional Paid-in Capital

4.1 b3.7 b3.4 b3.2 b

Retained Earnings

128.4 m128.5 m347.1 m650.7 m

Total Equity

5 b4.7 b4.1 b4.5 b

Financial Leverage

7 x6.7 x7.5 x7.1 x
USDQ2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Inventories

24.4 b24.7 b24.7 b24.5 b24.9 b26 b26.7 b26.4 b

Total Assets

34.9 b31 b31 b31 b31.5 b32 b32.4 b32.4 b

Accounts Payable

10.4 b10.5 b10.6 b10.7 b10.8 b11.1 b11.4 b11.1 b

Common Stock

2.1 m2.1 m1.9 m1.9 m1.8 m1.7 m1.7 m1.7 m

Additional Paid-in Capital

4 b3.8 b3.6 b3.4 b3.3 b3.3 b3.2 b3.2 b

Retained Earnings

(47.8 m)56.9 m202.4 m222.9 m380 m425.6 m430.3 m698.4 m

Total Equity

4.8 b4.7 b4.4 b4.2 b4.2 b4.5 b4.5 b4.6 b

Financial Leverage

7.2 x6.6 x7.1 x7.4 x7.4 x7.2 x7.2 x7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

478 m51.4 m270.7 m358.2 m

Cash From Operating Activities

720.4 m121.8 m743.9 m759.5 m

Cash From Investing Activities

(602.5 m)

Long-term Borrowings

(126.9 m)(62.9 m)(797.1 m)

Cash From Financing Activities

(1.4 m)(265.5 m)146.4 m29.5 m

Income Taxes Paid

(8 m)(4 m)(4.1 m)(6.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

46.8 m33.8 m45.5 m59.9 m18.6 m62.3 m

Cash From Operating Activities

(314.9 m)(123.9 m)122.5 m330.4 m535.3 m140.4 m336.5 m581.5 m141 m

Cash From Investing Activities

(273.6 m)

Long-term Borrowings

(29.5 m)(43.1 m)(19.8 m)(797.1 m)(797.1 m)

Cash From Financing Activities

(152.1 m)(169.5 m)39.2 m20.4 m(75 m)(92 m)(104.5 m)(34.2 m)(33.9 m)

Income Taxes Paid

(2 m)(2.8 m)(700 k)(2.6 m)(3.3 m)(1.1 m)(3.5 m)(5.5 m)(1.5 m)
USDY, 2017

Revenue/Employee

314.9 k

Financial Leverage

7 x

CNO Financial Group Operating Metrics

CNO Financial Group's Locations was reported to be 300 in FY, 2016
FY, 2014FY, 2015FY, 2016

Collections

$3.43 b$3.4 b$3.61 b

Agents

4.8 k4.5 k4.2 k

Locations

300300300

    CNO Financial Group Market Value History

    CNO Financial Group Revenue Breakdown

    Traffic Overview of CNO Financial Group

    CNO Financial Group Online and Social Media Presence

    CNO Financial Group Company Life and Culture

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