earnings
confidence high
sentiment positive
materiality 0.75
Corebridge Q4 adjusted operating EPS $1.04; full year $4.10; premiums up 26% YoY
Corebridge Financial, Inc.
2023-FY EPS reported
$1.71
revenue$18,878,000,000
- Q4 net loss $1.3B ($2.07 per share); adjusted after-tax operating income $661M ($1.04 EPS).
- Full year net income $1.1B ($1.71 per share); adjusted operating income $2.6B ($4.10 EPS), up 12% YoY.
- Premiums and deposits Q4 $10.5B (+20% YoY), full year $39.9B (+26%).
- Base spread income Q4 $987M (+21%), full year $3.7B (+30%), base yield up 61 bps.
- Returned $2.2B to shareholders in 2023; Q4 $1.1B ($252M buybacks, $876M dividends).