Equitable Holdings Reports Third Quarter 2026 Results
Business Wire•02/11/2026•16:15 ET
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Key Highlights
- ➤Q3 net income $1.1 billion, or $4.05 per share, versus $1.3 billion loss
- ➤Non-GAAP operating earnings $595 million, or $2.13 per share, up from $455 million
- ➤Retirement net inflows $1.1 billion; first-year premiums rose 14% to $6.2 billion
- ➤AllianceBernstein net inflows $6.6 billion, including Equitable’s $12 billion mortgage-loan mandate
- ➤Wealth Management advisory net inflows $2.7 billion; assets under administration reached $140.4 billion
Expert Statements
Mark Pearson, President and Chief Executive Officer of Equitable Holdings
“In the third quarter, we delivered Non-GAAP operating earnings per share of $2.13, or $1.98 excluding notable items, up 19% from the prior year. For the first nine months of the year, Non-GAAP operating earnings per share was up 22%, delivering on our guidance for greater than 15% growth in 2026. Organic growth was strong across each of our businesses, highlighted by $1.1 billion of net inflows in Retirement, $2.7 billion of advisory net inflows in Wealth Management and $6.6 billion of net inflows for AllianceBernstein. We also returned $320 million to shareholders, on track to deliver a 60-70% payout ratio for the year,”
Mark Pearson, President and Chief Executive Officer of Equitable Holdings
“We continue to see tremendous demand for the financial advice and retirement, protection, and asset management solutions we provide. Our merger with Corebridge Financial will bring greater scale, an expanded product offering and broader distribution to meet this demand. Together, these capabilities will position the New Equitable to serve more customers and deliver value for shareholders.”
* Positive organic growth across all businesses with net inflows of $1.1 billion in Retirement; $2.7 billion in Wealth Management and $6.6 billion in Asset Management
* Non-GAAP operating earnings(1) of $595 million, or $2.13 per share; Adjusting for notable items(2), Non-GAAP operating earnings of $554 million, or $1.98 per share
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