Corebridge Financial Past Earnings Performance

Past criteria checks 0/6

Corebridge Financial's earnings have been declining at an average annual rate of -10.9%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 2.5% per year.

Key information

-10.9%

Earnings growth rate

-10.8%

EPS growth rate

Diversified Financial Industry Growth	9.1%
Revenue growth rate	2.5%
Return on equity	-9.3%
Net Margin	-7.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Corebridge Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:AS5 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	15,976	-1,250	2,438
30 Jun 24	18,414	2,035	2,549
31 Mar 24	20,628	2,441	2,614
31 Dec 23	19,083	1,104	2,621
30 Sep 23	19,911	2,206	2,638
30 Jun 23	20,531	2,511	2,605
31 Mar 23	21,051	4,334	2,579
31 Dec 22	23,916	8,159	2,589
30 Sep 22	26,348	11,488	2,539
30 Jun 22	25,859	10,502	2,494
31 Mar 22	23,156	7,605	2,430
31 Dec 21	22,927	8,243	2,426
30 Sep 21	19,423	4,017	1,920
31 Dec 20	15,050	642	2,298
31 Dec 19	13,210	50	2,290
31 Dec 18	15,628	-80	2,797

Quality Earnings: AS5 is currently unprofitable.

Growing Profit Margin: AS5 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AS5 is unprofitable, and losses have increased over the past 5 years at a rate of 10.9% per year.

Accelerating Growth: Unable to compare AS5's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AS5 is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-11%).

Return on Equity

High ROE: AS5 has a negative Return on Equity (-9.35%), as it is currently unprofitable.

Corebridge Financial Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: US$1.97 loss per share (vs US$3.29 profit in 3Q 2023)

Corebridge Financial, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.19 in 2Q 2023)

Corebridge Financial, Inc. to Report Q2, 2024 Results on Jul 31, 2024

First quarter 2024 earnings released: EPS: US$1.41 (vs US$0.70 loss in 1Q 2023)

Corebridge Financial, Inc. to Report Q1, 2024 Results on May 03, 2024

Recent updates

Dividend of US$0.23 announced

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $936 million.

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Third quarter 2024 earnings released: US$1.97 loss per share (vs US$3.29 profit in 3Q 2023)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on December 31, 2024

Corebridge Financial, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Corebridge Financial Announces Launch of Corebridge MarketLock Annuity, Registered Index-Linked Annuity

Upcoming dividend of US$0.23 per share

Corebridge Financial Elects Edward Bousa to Board of Directors

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.19 in 2Q 2023)

Corebridge Financial, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Corebridge Financial, Inc. Announces Resignation of Chris Schaper from the Board of Directors

Upcoming dividend of US$0.23 per share

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $876 million.

Dividend of US$0.23 announced

First quarter 2024 earnings released: EPS: US$1.41 (vs US$0.70 loss in 1Q 2023)

Corebridge Financial, Inc., Annual General Meeting, Jun 21, 2024

Corebridge Financial, Inc. Announces Board Changes

Aviva plc (LSE:AV.) completed the acquisition of AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for £453 million.

Corebridge Financial, Inc. to Report Q1, 2024 Results on May 03, 2024

Corebridge Financial, Inc. Elects Deborah Leone as an Independent Director

Upcoming dividend of US$0.23 per share

Dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$1.72 (vs US$12.61 in FY 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on March 29, 2024

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Now 20% undervalued

Upcoming dividend of US$0.23 per share at 4.6% yield

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Third quarter 2023 earnings released: EPS: US$3.29 (vs US$3.64 in 3Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend of Common Stock, Payable on December 29, 2023

AXA Ireland Limited acquired Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) ) for £460 million.

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for

Man Group Plc (LSE:EMG) acquired controlling interest in Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company, Corebridge Financial, Inc. (NYSE:CRBG) and former members of Varagon's management team.

Upcoming dividend of US$0.23 per share at 5.1% yield

Corebridge Financial, Inc. Announces Resignation of Todd Solash as Executive Vice President and President of Individual Retirement and Life Insurance

Corebridge Financial, Inc. Names Isil Muderrisoglu as Head of Investor and Rating Agency Relations

Second quarter 2023 earnings released: EPS: US$1.19 (vs US$4.02 in 2Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on September 29, 2023

AXA Ireland Limited entered into an agreement to acquire Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Man Group Plc (LSE:EMG) entered into an agreement to acquire Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company for approximately $180 million.

Corebridge Financial, Inc. Announces Executive Vice President and Chief Operating Officer Changes

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $200 million worth of its shares.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Upcoming dividend of US$0.85 per share at 5.4% yield

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Corebridge Financial, Inc. Declares a Special Dividend, Payable on June 30, 2023

Elaine Rocha Resigns as a Member of the Board of Directors of Corebridge Financial, Inc

First quarter 2023 earnings released: US$0.70 loss per share (vs US$5.37 profit in 1Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on June 30, 2023

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $1,000 million worth of its shares.

Upcoming dividend of US$0.23 per share at 4.7% yield

Full year 2022 earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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