earnings
confidence high
sentiment positive
materiality 0.72
Athene Q2 2023 net income $396M; spread related earnings $799M, up 76% YoY
Athene Holding Ltd.
- Net income available to common shareholder $396M vs $721M Q1'23 and ($1,740M) Q2'22.
- Spread related earnings $799M, up 16% Q/Q and 76% Y/Y; net spread 1.52% (+16bps Q/Q, +55bps Y/Y).
- Gross organic inflows $18.7B, up 57% Q/Q and 55% Y/Y; net flows $9.6B.
- Total assets $269.4B, up 5% Q/Q; adjusted debt-to-capital ratio 14.4% vs 14.7% Q1'23.
- Net investment spread 1.99%, up 16bps Q/Q and 65bps Y/Y, driven by higher fixed income yields.