earnings
confidence high
sentiment negative
materiality 0.80
F&G Q4 net earnings $124M ($0.92) vs $323M; adj net $123M; record AUM $73.1B
F&G Annuities & Life, Inc.
2025-FY EPS reported
$1.88
revenue$5,731,000,000
- Q4 net earnings attributable to common shareholders fell to $124M ($0.92) from $323M ($2.50) a year ago.
- Full year 2025 adjusted net earnings $482M ($3.64) vs $546M ($4.30) in 2024.
- Record AUM before flow reinsurance $73.1B (+12% YoY); book value per share ex AOCI $44.43.
- Estimated RBC ratio ~430% (above 400% target); sale of Bermuda subsidiary expected to close March 1, 2026.
- FNF distributed ~12% of F&G shares, reducing FNF ownership to ~70%.