earnings
confidence high
sentiment neutral
materiality 0.75
Jackson Financial FY23 adj. op. EPS $12.84, returns $464M to shareholders; RBC 624%
Jackson Financial Inc.
2023-FY EPS reported
$10.76
revenue$3,159,000,000
- FY23 net income ~$900M ($10.76 diluted EPS); adjusted operating earnings $1.1B ($12.84 diluted).
- Q4 adj. op. EPS $2.53 vs $3.39 a year ago; full-year adj. op. EPS $12.84 vs $16.39.
- Returned $464M to common shareholders via $255M buybacks and $209M dividends; Q1 2024 dividend raised 13% to $0.70.
- RBC ratio 624% at year-end, up from Q3; established Brooke Re captive in Jan 2024 to reduce statutory volatility.
- Retail annuity sales $12.8B (RILA $2.9B); non-VA net flows crossed $1B in Q4.