earnings
confidence high
sentiment positive
materiality 0.75
Corebridge Q2 net loss $16M, adj. operating income $512M; merger with Equitable approved
Corebridge Financial, Inc.
- Net loss available to common shareholders of $16M ($0.04 per share); adjusted after-tax operating income $512M ($1.12 per share).
- Premiums and deposits of $9.1B; holding company liquidity $1.4B.
- Returned $412M to shareholders including $300M share repurchases; declared $0.25 dividend payable Sept 30.
- Shareholders of Corebridge and Equitable Holdings approved merger on July 30, 2026.
- CEO Marc Costantini cites strong earnings, resilient sales, and consistent cash generation.