Corebridge Financial, Inc.

NYSE:CRBG Stock Report

Market Cap: US$15.4b

Corebridge Financial Past Earnings Performance

Past criteria checks 2/6

Corebridge Financial's earnings have been declining at an average annual rate of -56.1%, while the Diversified Financial industry saw earnings growing at 12.2% annually. Revenues have been declining at an average rate of 6.9% per year. Corebridge Financial's return on equity is 7.7%, and it has net margins of 4.6%.

Key information

-56.14%

Earnings growth rate

-54.57%

EPS growth rate

Diversified Financial Industry Growth6.15%
Revenue growth rate-6.89%
Return on equity7.70%
Net Margin4.56%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Seeking Alpha Aug 07

Corebridge Financial: Capital Returns Remain Underappreciated

Summary Corebridge Financial remains a "Strong Buy," supported by robust Q2 results, a secure 3% dividend, and aggressive share buybacks. CRBG’s investment portfolio is 96% investment grade, with limited risky private credit exposure and prudent capital management. The Equitable Holdings merger, expected to close by year-end, should drive $550 million in synergies and diversify CRBG’s business mix. Shares trade at just 8x long-term capital returns, with a price target of $42.50, reflecting attractive valuation and ongoing momentum. Read the full article on Seeking Alpha
Narrative Update Jul 25

CRBG: Buybacks And Potential Index Inclusion Will Support Future Earnings Resilience

Analysts have raised the Corebridge Financial price target by about $2, from $35.75 to roughly $37.67. This reflects updated assumptions on fair value as recent research points to higher sector valuations, a slightly lower discount rate, modestly adjusted growth and margin expectations, and somewhat higher target P/E multiples across the life insurance group.
Narrative Update Jul 10

CRBG: Index Inclusion And Buybacks Will Support Future Earnings Resilience

Corebridge Financial's updated analyst price target framework edges higher, with fair value moving from $34.75 to $35.75 as analysts point to slightly lower discount rate assumptions, modestly higher revenue growth, and a small uplift in profit margin and future P/E estimates. Analyst Commentary Recent Street research on Corebridge Financial points to a mix of optimism and caution, with several firms adjusting price targets as they reassess valuation assumptions, execution risks, and potential growth drivers.
Narrative Update Jun 25

CRBG: Index Inclusion And Capital Returns Will Support Future Earnings Resilience

Analysts have nudged their blended price target for Corebridge Financial slightly lower to $34.75 from $35, reflecting a modest reset in fair value alongside updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples following recent Street research. Analyst Commentary Recent research on Corebridge Financial shows a mix of optimism and caution, with price targets moving in both directions as analysts reassess valuation, execution risk, and potential growth drivers.
Narrative Update Jun 06

CRBG: Capital Returns And Index Inclusion Scenarios Will Support Future Earnings Resilience

Analysts have trimmed the average price target for Corebridge Financial by a small amount to about $35, reflecting a mix of modest target cuts from several firms and select increases tied to recent stock performance, cash flow and credit exposure reviews, as well as index inclusion scenarios. Analyst Commentary Bullish Takeaways Bullish analysts point to Corebridge's positioning among insurance carriers, where recent underwriting performance and cash flow reviews have supported constructive views on execution.
Narrative Update May 09

CRBG: Capital Returns And Private Credit Repricing Will Support Future Earnings Resilience

Corebridge Financial's updated analyst price target edges down from about $35.23 to $35.08 as analysts factor in slightly adjusted discount rates, revenue growth, profit margin assumptions, and a lower future P/E multiple that is informed by recent target cuts across the sector. Analyst Commentary Recent research on Corebridge Financial clusters around modestly lower price targets, with most changes tied to updated cash flow work, revised earnings models, and sector wide adjustments to private credit and valuation assumptions.
Narrative Update Apr 24

CRBG: Capital Returns And Private Credit Repricing Will Support Multiyear Earnings Resilience

Analysts have trimmed the Corebridge Financial price target to $35.23 from $36.85, citing updated views on discounted cash flows, private credit exposure and sector wide valuation multiples following recent Q4 and life insurance group reviews. Analyst Commentary Recent Street research on Corebridge Financial points to a recalibration of expectations rather than a wholesale change in the fundamental story.
Narrative Update Apr 09

CRBG: Capital Returns And Sector Repricing Will Support Multiyear Earnings Resilience

Analysts have trimmed their average price target on Corebridge Financial by a small amount to reflect updated views on cash flow, private credit exposure and sector valuation pressure following recent model revisions across the life and annuity peer group. Analyst Commentary Recent research updates on Corebridge Financial point to a mixed setup, with most firms trimming price targets after revisiting sector models, cash flow assumptions and private credit exposure across life and annuity peers.
Narrative Update Mar 25

CRBG: Capital Returns And Cash Flow Will Support Multiyear Earnings Resilience

Analysts have trimmed the implied fair value for Corebridge Financial by about $0.31 per share to $36.92. This reflects updated views on cash flow, private credit exposure and sector wide valuation pressure following recent price target cuts across the life insurance group.
Narrative Update Mar 06

CRBG: Capital Strength And Buybacks Will Support Multiyear Earnings Resilience

Analysts have trimmed their average price targets for Corebridge Financial by a few dollars to around the low to mid $30s, citing updated earnings assumptions, higher discount rates, and sector wide valuation pressure in life and annuity insurers. Analyst Commentary Recent Street research on Corebridge Financial clusters around two themes, with most firms trimming price targets while keeping ratings generally constructive.
Narrative Update Feb 20

CRBG: Capital Strength And Buybacks Will Support Future Earnings Power

Narrative Update on Corebridge Financial The updated analyst price target on Corebridge Financial reflects a modest reset in fair value to about $37.54, as analysts weigh slightly higher assumed revenue growth and discount rates against a lower future P/E and recent target trims across several firms, along with a $1 upward move from Mizuho. Analyst Commentary Recent research on Corebridge Financial shows a mix of cautious fine tuning and selective optimism, with most moves coming through small price target adjustments rather than big stance changes.
Analysis Article Feb 13

Corebridge Financial (NYSE:CRBG) Is Increasing Its Dividend To $0.25

Corebridge Financial, Inc.'s ( NYSE:CRBG ) periodic dividend will be increasing on the 31st of March to $0.25, with...
Narrative Update Feb 06

CRBG: Capital Strength And Cash Flow Will Support Future Earnings Power

Analysts have trimmed their average price targets for Corebridge Financial to a range of roughly $33 to $39, citing updated views on sector pricing trends, capital strength, cash flow, and margin expectations as they refine their outlook for life and insurance names heading into 2026. Analyst Commentary Recent research updates on Corebridge Financial cluster around a similar theme, with price targets trimmed but ratings generally maintained.
Narrative Update Jan 22

CRBG: Index Inclusions And Share Repurchases Will Support Future Earnings Power

Narrative Update on Corebridge Financial The analyst price target for Corebridge Financial is now set around US$37, down roughly US$1 from the prior narrative level. Analysts attribute this change to slightly lower fair value estimates, modestly softer revenue growth and profit margin assumptions, and updated sector views reflected in recent target cuts from firms including Wells Fargo, UBS, Barclays, and BofA.
Narrative Update Jan 08

CRBG: Index Adds And Share Reduction Will Support Future Earnings Power

Analysts have trimmed their fair value estimate for Corebridge Financial by about $0.23 to $38.69, reflecting slightly higher discount rate assumptions, more measured revenue growth and margin expectations, and a modestly higher future P/E, in line with recent price target cuts from UBS, Barclays and BofA. Analyst Commentary Recent research updates on Corebridge Financial point to a mixed but generally constructive stance, with price targets adjusted in a relatively tight range and ratings largely maintained.
Narrative Update Dec 18

CRBG: Lower Share Count And Larger Asset Base Will Support Future Earnings Power

Analysts have nudged their average price target on Corebridge Financial slightly higher to about $39 from roughly $38.75, citing modestly stronger long term revenue growth and profit margin assumptions, a lower discount rate, and higher out year EPS forecasts driven by a larger asset base and reduced share count. Analyst Commentary Recent Street commentary reflects a generally constructive stance on Corebridge Financial, with most updated models pointing to resilient earnings power, improving capital returns, and manageable actuarial and macro risks.
Narrative Update Dec 04

CRBG: Lower Share Count And Larger Asset Base Will Drive Future Earnings

Analysts have nudged their average price target on Corebridge Financial up by $1 to $40, citing slightly higher out year EPS forecasts driven by a lower share count, a larger asset base, continued confidence in fee based earnings, and favorable claims trends. Analyst Commentary Recent Street research reflects a generally constructive stance on Corebridge Financial, with price targets clustering around the high 30 dollar to 40 dollar range and ratings remaining positive even when targets are trimmed.
Narrative Update Nov 20

CRBG: Lower Share Count And Strong Distribution Will Support Earnings Momentum

Analysts have slightly lowered their fair value estimate for Corebridge Financial from $39.85 to $38.77 per share, citing recent adjustments in actuarial assumptions and marginal shifts in profit margin expectations. Analyst Commentary Recent street research reflects a mix of cautious optimism and measured concerns around Corebridge Financial's outlook.
Analysis Article Nov 07

Corebridge Financial, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Corebridge Financial, Inc. ( NYSE:CRBG ) released its quarterly result to the...
Narrative Update Nov 06

CRBG: Reduced Share Count And Strong Distribution Will Drive Future Earnings

Analysts have modestly raised their price target for Corebridge Financial by $1 to $40, citing improved earnings forecasts driven by a lower share count and a larger asset base. This adjustment comes despite some moderation in revenue growth expectations.
Narrative Update Oct 22

Analyst Commentary Highlights Slight Price Target Cut and Mixed Outlook for Corebridge Financial

Analysts have slightly lowered their price target for Corebridge Financial to $39.85 from $40.23 per share. They cite updated forecasts for modestly reduced growth and profitability, while noting continued operational stability and earnings tailwinds.
Narrative Update Oct 08

Aging US Population Will Drive Retirement Demand

Corebridge Financial's analyst price target has been modestly reduced, with analysts now expecting about $40 per share compared to previous estimates above $41. This reflects updated assumptions on revenue growth and profit margins while maintaining optimism around earnings and distribution strength.
Analysis Article Sep 09

Corebridge Financial's (NYSE:CRBG) Dividend Will Be $0.24

Corebridge Financial, Inc. ( NYSE:CRBG ) has announced that it will pay a dividend of $0.24 per share on the 30th of...
Seeking Alpha Mar 06

Corebridge Financial: This Leader Remains Cheap, I See Upside Ahead

Summary Corebridge Financial is recommended as a buy due to its strong 84% total return over 17 months and attractive valuation. Despite recent macro volatility, CRBG has shown robust earnings growth, strong variable investment income, and effective cost reduction efforts. Key risks include rising policy surrender rates, lower market interest rates, and competitive pressures, but the firm's strong cash flow and growth outlook mitigate these concerns. With a bullish technical chart and high EPS growth forecast, CRBG is expected to continue its uptrend, targeting a price near $38. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NYSE:CRBG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2619,5158892,1230
31 Mar 2618,6942452,1930
31 Dec 2518,617-3662,2770
30 Sep 2518,2619912,2780
30 Jun 2516,013-3372,2740
31 Mar 2516,4576882,2580
31 Dec 2418,5662,2302,3020
30 Sep 2415,921-1,2502,3830
30 Jun 2418,3762,0352,5110
31 Mar 2420,6282,4412,6140
31 Dec 2319,0051,1042,5430
30 Sep 2319,9112,2062,6380
30 Jun 2320,5312,5112,6050
31 Mar 2321,0514,3342,5790
31 Dec 2223,9418,1592,5890
30 Sep 2226,34811,4882,5390
30 Jun 2225,85910,5022,4940
31 Mar 2223,1567,6052,4300
31 Dec 2122,9278,2432,4260
30 Sep 2119,4234,0171,9200
31 Dec 2015,0506422,2980
31 Dec 1913,210502,2900
31 Dec 1815,628-802,7970

Quality Earnings: CRBG has high quality earnings.

Growing Profit Margin: CRBG became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CRBG's earnings have declined by 56.1% per year over the past 5 years.

Accelerating Growth: CRBG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CRBG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (9.6%).


Return on Equity

High ROE: CRBG's Return on Equity (7.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/17 13:59
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Corebridge Financial, Inc. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Taylor ScottBarclays
Jack MattenBMO Capital Markets Equity Research
Joshua ShankerBofA Global Research