StanCorp Financial Group, Inc.

StanCorp Financial Group, Inc.

SFG
StanCorp Financial Group, Inc.US flagNew York Stock Exchange
22,850.00
USD
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StanCorp Financial Group, Inc.
SFG
(New York Stock Exchange)

Recent

price

22,850.00

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ratio

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div

yld

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Capital Structure

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Business
StanCorp Financial Group, Inc. operates as a prominent provider of financial products and services, recognized for its offerings under "The Standard" brand. Although previously traded on the New York Stock Exchange under the ticker SFG, the company became a wholly-owned subsidiary of Meiji Yasuda Life Insurance Company in March 2016, following an acquisition valued at approximately $5 billion. Headquartered in Portland, Oregon, the organization delivers a comprehensive suite of solutions, including group and individual disability insurance, group life and accidental death and dismemberment insurance, and group dental and vision plans. Its portfolio also encompasses absence management services, a variety of retirement plan products such as 401(k), 403(b), 457, and defined benefit plans, as well as individual annuities. Further extending its financial reach, StanCorp engages in the origination and servicing of fixed-rate commercial mortgage loans and offers investment advisory services. The company maintains its operations, headquarters, management team, and product mix, serving as Meiji Yasuda's primary presence and partner in the U.S. market. Demonstrating continued strategic expansion, StanCorp Financial Group, Inc. announced in August 2024 its intent to acquire Allstate's Employer Voluntary Benefits Business. This move aligns with its commitment to disciplined financial practices, sound investment strategies, and dedicated customer service aimed at fostering financial well-being and peace of mind.