Corebridge Financial Announces Third Quarter 2026 Results
Key Highlights
- ➤Net income $1.4 billion, or $3.22 per share, versus $144 million prior-year
- ➤Operating earnings per share $1.22, up 27% year over year
- ➤Premiums and deposits $8.8 billion, down 29% year over year
- ➤Returned $295 million to shareholders, including $185 million share repurchases
- ➤Merger progress with Equitable includes more than $100 million identified expense synergies
Expert Statements
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“Our third quarter results highlight the strength of our diversified business model, resilient earnings profile and disciplined approach to capital allocation,”
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“We delivered the strongest annuity sales of the year, continued to build momentum in advisory and brokerage, and increased operating earnings per share by 27%.”
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“These results reflect growing demand for retirement solutions, supported by our disciplined approach to risk, pricing and capital management, as well as our ongoing commitment to putting customers at the center of everything we do.”
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“We made significant progress toward completing the merger with Equitable, advancing the regulatory approval process, continuing Day 1 readiness efforts and selecting the members of our future Board.”
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“Combined with more than $100 million of expense synergies we have already identified, the transaction will create a company with greater scale, a lower unit cost structure, a formidable distribution network and one of the industry's broadest product portfolios.”
Marc Costantini, President and Chief Executive Officer of Corebridge Financial
“Together, these advantages will strengthen our ability to serve customers, accelerate growth and generate attractive long-term returns for shareholders.”
* Net income available to Corebridge common shareholders of $1.4 billion, or $3.22 per common share
* Adjusted after-tax operating income(1 )available to Corebridge common shareholders of $545 million and operating earnings per common share of $1.22
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