Corebridge Financial Announces 1st Quarter 2026 Results
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"Assets under management ended the quarter at $1.1 trillion, up 9% year-over-year" (President, CEO & Director Pearson). "Our balance sheet remains a core strength with a combined NAIC RBC ratio of approximately 475% and $1.2 billion of holding company liquidity."
By 2027, the combined company expects annual earnings to exceed $5 billion and cash generation to top $4 billion, with the merger becoming immediately accretive to EPS. Management anticipates that EPS and cash generation accretion will reach 10-plus percent by year-end 2028 as synergies are fully realized.
American International Group agreed to sell its remaining stake in Corebridge Financial for net proceeds of about $710 million. AIG said Tuesday the sale would amount to about 25 million shares of common stock of Corebridge. The sale is expected to close on May 7, AIG said.
Corebridge Financial Inc. reported a net loss of $53 million, or $0.11 per share, for the first quarter ended March 31, 2026, a significant improvement from the $664 million loss recorded in the same period a year earlier.
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EQH Q1 deep dive: Merger with CoreBridge reshapes growth outlook amid mixed results
Financial services company Equitable Holdings (NYSE:EQH) in Q1 CY2026, with sales falling 4.5% year on year to $3.61 billion. Its non-GAAP profit of $1.62 per share was 0.7% above analysts’ consensus estimates.
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Corebridge (CRBG) reports Q1 earnings: What key metrics have to say
Corebridge Financial (CRBG) reported $4.09 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 13.8%. EPS of $1.05 for the same period compares to $1.16 a year ago.
Insurance giant American International Group said on Tuesday it had agreed to sell its remaining stake in life insurance and retirement firm Corebridge Financial , marking the culmination of a five-year separation.
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. The financial services company posted revenue of $4.09 billion in the period, which also fell short of Street forecasts.
Corebridge Financial, Inc., an American multinational financial services company, has appointed Christopher Filiaggi as Interim Chief Financial Officer
Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Corebridge Financial (NYSE:CRBG) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights ...
PGA of America Golf Professionals tee it up with world’s best senior golfers at the 2026 Senior PGA Championship.
Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has declared a dividend of $36.85763889 per share on its 6.875% fixed rate reset non-cumulative preferred stock, Series A, with a liquidation preference of $1,