8-K
filed August 8, 2023, 7:59 PM ET
ticker JXN
CIK 0001822993
earnings
confidence high
sentiment positive
materiality 0.65
Jackson Financial Q2 net income $1.2B, adj operating earnings $283M; RILA sales up to $541M
Jackson Financial Inc.
2023-Q2 EPS reported
$36.59
revenue$6,694,000,000
- Net income $1,204M ($14.21/diluted); adjusted operating earnings $283M ($3.34/diluted) vs $407M in Q2 2022.
- RILA sales $541M, up from $490M in Q2 2022; total annuity account value $227B (+9% YoY).
- Returned $100M to shareholders via $47M buybacks and $53M dividends; FY2023 capital return target reaffirmed $450-550M.
- Holding company assets ~$1.5B; RBC ratio within 425-500% target; $1B in cash and liquid securities.
- CEO Laura Prieskorn highlighted enhanced RILA launch in June and strong financial flexibility.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Jackson Financial Inc. reported second quarter ended June 30, 2022 results: net income 3,263 million, EPS 36.59 per diluted share.
- Period
- second quarter ended June 30, 2022
- Net income
- 3,263 million
- EPS
- 36.59 per diluted share
- Result
- reported results
Exact text from the filing
The company reported net income attributable to Jackson Financial Inc. common shareholders of $1,204 million, or $14.21 per diluted share for the three months ended June 30, 2023, compared to $3,263 million, or $36.59 per diluted share for the three months ended June 30, 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Jackson Financial Inc. reported second quarter ended June 30, 2023 results: net income 1,204 million, EPS 14.21 per diluted share.
- Period
- second quarter ended June 30, 2023
- Net income
- 1,204 million
- EPS
- 14.21 per diluted share
- Result
- reported results
Exact text from the filing
Net income attributable to Jackson Financial Inc. common shareholders of $1,204 million, or $14.21 per diluted share, including the net impact of market risk benefits and hedging results
View on SEC.gov
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