Corebridge Financial, Inc. ( (CRBG) ) has released its Q3 earnings. Here is a breakdown of the information Corebridge Financial, Inc. presented to its investors.
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Corebridge Financial, Inc., a prominent provider of retirement solutions and insurance products in the United States, has reported its financial results for the third quarter of 2025. The company, known for its diverse range of financial services, continues to focus on helping individuals achieve secure financial futures.
In the third quarter of 2025, Corebridge Financial reported a net income of $144 million, or $0.27 per share, marking a significant turnaround from a loss of $1.2 billion in the same quarter last year. The company also achieved an adjusted after-tax operating income of $520 million, with operating earnings per share of $0.96. Notably, premiums and deposits reached $12.3 billion, the highest in recent history, showcasing strong sales performance.
Key financial metrics highlighted in the report include a holding company liquidity of $1.8 billion and a return of $509 million to shareholders through share repurchases and dividends. The company also completed a major VA reinsurance transaction, enhancing its position by simplifying its operations and reducing risk. Despite a 29% decrease in adjusted pre-tax operating income compared to the previous year, Corebridge maintained stable core sources of income and witnessed a 34% increase in premiums and deposits.
Looking ahead, Corebridge Financial remains optimistic about its growth prospects. The company emphasizes its strong balance sheet, financial flexibility, and commitment to delivering value to shareholders. With a focus on sustainable and growing cash flows, Corebridge is well-positioned to navigate various market cycles and continue its trajectory of profitable growth.