secwatch.observer — SEC 8-K summary
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Issuer:     Equitable Holdings, Inc. (EQH)
CIK:        0001333986
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001333986-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equitable Holdings Q2 2024 Non-GAAP Op EPS $1.52, up 20% YoY; record AUM $986B
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- Net income $428M ($1.23 EPS); Non-GAAP op earnings $494M ($1.43 EPS); adj for notable items $525M ($1.52 EPS).
- Record AUM/A of $986B; Retirement net inflows $2.3B, Wealth Mgmt $1.5B, Asset Mgmt $1.3B active net inflows.
- Returned $325M to shareholders via buybacks/dividends, achieving 60-70% payout ratio target.
- On track for $1.4-1.5B cash generation in 2024; target $2.0B annually by 2027. RBC ratio ~425-450%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333986/000133398624000023/0001333986-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333986/000133398624000023/axaeq-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001333986-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer