Aflac Incorporated (NYSE:AFL) Bank of America Securities Financial Services Conference February 21, 2024 3:20 PM ET Company Participants Dan Amos - Chairman & Chief Executive Officer David Young - Vice President of Investor & Rating Agency Relations Conference Call Participants Josh Shanker - Bank of America Josh Shanker This is the Bank of America 2024 Financial Services Conference. If you're in this session, it’s Aflac session and you're in the right place. So we're very pleased to have both Dan Amos and ...

Aflac Incorporated Daniel P. Amos Chairman, CEO and President Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-look ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07434 Aflac Incorporated (Exact name of registrant as specified in its charter) Georgia 58-1167100 (State or other jurisdiction of i ...

Warren Buffett stock picks continue to include a secret stock. Speculation was high that Buffett’s mystery holding would be revealed when his company, Berkshire Hathaway’s (NYSE:BRK.A/NYSE:BRK.B) latest 13F regulatory filing was made public. But no such luck. The Oracle of Omaha, as Buffett is known, has continued to ask the U.S. Securities and Exchange Commission (SEC) for confidential treatment of one of his stocks. Buffett has done this before. In late 2020, he kept secret the positions he was building i ...

A downtrend has been apparent in Aflac (AFL) lately with too much selling pressure. The stock has declined 7.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...

Aflac Incorporated (AFL) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.25, which missed the Zacks Consensus Estimate by 15%. The bottom line decreased from $1.29 per share reported in the year-ago period. Aflac’s revenues decreased 5.7% year over year to $3.78 billion in the quarter under review. The top line missed the consensus mark by 15%. The weak fourth-quarter results were due to higher benefits and claims, lower adjusted net investment income and declining profit levels from th ...

财务数据和关键指标变化 - 2023年全年调整后每股收益为6.23美元,创历史新高,但受到汇率和投资收益的负面影响 [35] - 2023年调整后营业收入增长2.1%至66亿美元,调整后税前利润增长10.4%至15亿美元 [19][53] - 2023年日本业务调整后营业收入下降3.6%至约1.5万亿日元,主要受再保险和现金价值保单的影响,但调整后税前利润增长6%至约4,570亿日元 [13][45] - 2023年美国业务调整后营业收入增长2.1%至66亿美元,调整后税前利润增长10.4%至15亿美元 [19][53] 各条业务线数据和关键指标变化 - 日本业务方面,癌症保险销售增长26%,主要受益于日本邮政公司、日本邮政保险以及其他合作伙伴的贡献 [14] - 医疗保险销售在第四季度增长6.5%,主要受益于9月中旬推出的新医疗保险产品 [16] - 美国业务方面,癌症保险销售增长近25% [22] 各个市场数据和关键指标变化 - 日本业务方面,整体保单续保率为93.4%,同比下降70个基点,主要反映客户更新最新的癌症和医疗保险产品 [43] - 美国业务方面,整体保单续保率为78.6%,同比增长130个基点,反映较差的续保率季度逐步退出以及各产品线的稳定 [51] 公司战略和发展方向及行业竞争 - 公司在日本市场持续推出新产品,如医疗保险和更新的WAYS和儿童年金产品,以吸引年轻客户 [15][16] - 公司在美国市场持续优化产品组合,如推出新的癌症保险产品,提高产品价值和客户粘性 [22] - 公司在日本和美国市场均面临人口老龄化和竞争加剧的挑战,但仍有望通过产品创新和渠道优化实现未来增长 [91][92][93] 管理层对经营环境和未来前景的评论 - 公司管理层认为,即使在人口老龄化和竞争加剧的环境下,公司在日本和美国市场仍有望实现未来增长 [69][92][93] - 公司将继续专注于产品创新、渠道优化和成本管控,以应对经营环境的挑战,并保持强劲的盈利能力 [47][55][146][147] 问答环节重要的提问和回答 问题1 **Tom Gallagher 提问** 询问日本投资组合收益的稳定性以及对2024年投资收益的影响 [62][63] **Max Broden 回答** 公司已达到较为稳定的美元资产配置水平,未来投资收益将相对稳定。公司将继续投资于美元资产以对冲汇率风险,同时也会适当配置日元资产 [64][65][66] 问题2 **Suneet Kamath 提问** 询问日本销售目标从800亿日元下调到670-730亿日元的原因,以及是否会在未来实现800亿日元的目标 [74][75] **Masatoshi Koide 回答** 下调销售目标是由于新冠疫情对销售渠道的长期影响,公司需要更多时间培养新的销售人员。但公司仍有信心未来能够实现800亿日元的销售目标 [76][77] 问题3 **Wilma Burdis 提问** 询问公司未来的资本管理计划,包括内部再保险交易的预期 [101][102] **Max Broden 回答** 公司将保持较高的资本水平,未来会适度降低各子公司的偿付能力水平。内部再保险交易是公司优化资本的一个重要手段,未来会继续推进这方面的工作 [103][104][150]

Aflac公司 - Aflac (AFL)是金融领域中的一家公司，目前在Zacks Sector Rank中排名第10[2] - Aflac目前的Zacks Rank为2（买入），表明公司具有优于市场的特征[3] - 过去90天，AFL的全年盈利预期已经上升了1%，分析师对公司的情绪更加强烈，盈利前景正在改善[4] - AFL今年以来的股价上涨了约2.2%，表现优于金融股平均涨幅0.2%[5] Aflac行业排名 - Aflac属于保险-事故与健康行业，该行业包括5家个股，目前在Zacks Industry Rank中排名第15[7] American Express公司 - 与Aflac相比，American Express（AXP）今年以来的股价上涨了7.2%，盈利预期也在增长，目前具有Zacks Rank 2（买入）[6] American Express行业排名 - American Express所属的金融-杂项服务行业目前有68家公司，排名第158，行业整体涨幅为+0.4%[8] 投资建议 - 投资者应继续关注Aflac和American Express，这两只股票将继续保持良好表现[9]

For the quarter ended December 2023, Aflac (AFL) reported revenue of $3.78 billion, down 5.8% over the same period last year. EPS came in at $1.25, compared to $1.29 in the year-ago quarter. The reported revenue represents a surprise of -14.97% over the Zacks Consensus Estimate of $4.44 billion. With the consensus EPS estimate being $1.47, the EPS surprise was -14.97%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Aflac第四季度财报 - Aflac (AFL)第四季度每股收益为1.25美元，低于Zacks Consensus Estimate的1.47美元[1] - Aflac第四季度营收为37.8亿美元，低于Zacks Consensus Estimate[3] Aflac股价表现 - Aflac股价自年初以来上涨约3.9%，略高于标普500指数的涨幅[4] 投资者关注点 - 投资者关注Aflac未来的股价走势，关键在于公司的盈利前景[5] - 研究表明，盈利预期修订与股价走势之间存在强烈相关性[6] - Aflac的盈利预期修订趋势为有利，目前被评为Zacks Rank 2 (Buy)[7] 行业前景分析 - 投资者应关注行业前景对股票表现的影响，目前意外险和健康行业排名前13%[9]