Corebridge: Capital Return Plan Remains On Track After Q1 |
Corebridge Financial's solid earnings and robust buyback strategy support a bullish outlook despite recent market volatility and a slight 2% stock decline since my last coverage. The company's shift towards individual retirement products and GICs, along with a strong life insurance segment, highlights strategic growth and diversification. Corebridge's high-quality investment portfolio and solid balance sheet enable ongoing buybacks and secure dividend payouts, ensuring strong capital returns to shareholders. |
seekingalpha.com |
2025-05-11 12:00:00 |
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Corebridge Financial, Inc. (CRBG) Q1 2025 Earnings Call Transcript |
Corebridge Financial, Inc. (NYSE:CRBG ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Isil Muderrisoglu - Head, Investor & Rating Agency Relations Kevin Hogan - President & Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Dan Bergman - Cowen Elyse Greenspan - Wells Fargo Joel Hurwitz - Dowling and Partners Suneet Kamath - Jefferies Cave Montazeri - Deutsche Bank Alex Scott - Barclays Jimmy Bhullar - JPMorgan Tom Gallagher - Evercore ISI Operator Good morning all and thank you for joining us for the Corebridge Financial Inc. First Quarter 2025 Earnings Call. My name is Carlin, I'll be the operator for your call today. |
seekingalpha.com |
2025-05-06 17:10:47 |
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Corebridge (CRBG) Reports Q1 Earnings: What Key Metrics Have to Say |
The headline numbers for Corebridge (CRBG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-05-05 23:00:52 |
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Corebridge Financial (CRBG) Tops Q1 Earnings Estimates |
Corebridge Financial (CRBG) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.10 per share a year ago. |
zacks.com |
2025-05-05 22:30:33 |
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Corebridge Financial Announces First Quarter 2025 Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2025. Kevin Hogan, President and Chief Executive Officer, said, "Corebridge generated strong earnings and delivered attractive capital return over the first quarter, executing on our strategic priorities. Our capital, liquidity and financial flexibility position us well to navigate the current environment. "We reported operating. |
businesswire.com |
2025-05-05 20:15:00 |
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Corebridge Financial (CRBG) Earnings Expected to Grow: Should You Buy? |
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-28 15:05:51 |
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Corebridge Financial Schedules Announcement of First Quarter 2025 Financial Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2025 financial results after the market closes on Monday, May 5, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EDT on Tuesday, May 6, 2025, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be av. |
businesswire.com |
2025-04-08 20:15:00 |
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Corebridge: Capital Returns Can Continue To Drive Shares Higher |
Corebridge Financial has delivered strong financial results, resulting in a 35% stock increase, solid capital returns, and successful AIG divestment. Q4 earnings beat expectations with $1.23 adjusted EPS, driven by recovery in private investments and higher interest income. CRBG has a robust capital position, enabling significant shareholder returns, including a 4% dividend increase and $2 billion in share repurchases. |
seekingalpha.com |
2025-03-07 01:29:40 |
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Corebridge Financial: This Leader Remains Cheap, I See Upside Ahead |
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. |
seekingalpha.com |
2025-03-05 23:31:50 |
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Corebridge Stock Down Despite Q4 Earnings Beat, Revenues Down Y/Y |
CRBG's fourth-quarter earnings benefit from rising investment income. |
zacks.com |
2025-03-03 14:40:24 |
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Corebridge Financial, Inc. (CRBG) Q4 2024 Earnings Call Transcript |
Corebridge Financial, Inc. (NYSE:CRBG ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Isil Muderrisoglu - Head, Investor and Rating Agency Relations Kevin Hogan - President and CEO Elias Habayeb - CFO Conference Call Participants Cave Montazeri - Deutsche Bank Alex Scott - Barclays Ryan Krueger - KBW Elyse Greenspan - Wells Fargo Joel Hurwitz - Dowling & Partners Suneet Kamath - Jefferies Jack Matten - BMO John Barnidge - Piper Sandler Tom Gallagher - Evercore ISI Wes Carmichael - Autonomous Research Operator Hello, everyone, and welcome to today's Corebridge Financial Fourth Quarter 2024 Earnings Call. My name is Seth, and I'll be the operator for your call today. |
seekingalpha.com |
2025-02-13 18:38:00 |
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Corebridge (CRBG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Corebridge (CRBG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-12 23:01:12 |
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Corebridge Financial (CRBG) Beats Q4 Earnings Estimates |
Corebridge Financial (CRBG) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.04 per share a year ago. |
zacks.com |
2025-02-12 20:46:10 |
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Corebridge Financial Announces Fourth Quarter and Full Year 2024 Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the fourth quarter and full year ended December 31, 2024. Kevin Hogan, President and Chief Executive Officer, said, "I am pleased to report strong performance for Corebridge, as we generated full year top-line and earnings growth with premiums and deposits of $41.7 billion and operating earnings per share of $4.83, an 18% increase year over year. Additionally, o. |
businesswire.com |
2025-02-12 18:15:00 |
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Corebridge Financial (CRBG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release |
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-05 13:05:38 |
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Corebridge Financial Schedules Announcement of Fourth Quarter and Full Year 2024 Financial Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 12, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EST on Thursday, February 13, 2025, to review these results. The webcast can be accessed in the Investors section of corebridgefinanci. |
businesswire.com |
2025-01-16 18:20:00 |
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Corebridge Financial Announces Keith Gubbay and Colin J. Parris Appointed to Board of Directors |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Keith Gubbay and Colin J. Parris have joined its Board of Directors. With these appointments, the Corebridge Financial Board of Directors now consists of 13 members. “We are pleased to welcome two very strong additions to our Board,” said Alan Colberg, Chair of the Board of Corebridge Financial. “Keith and Colin bring deep business experience as well as significant technical expertise and strategic insight th. |
businesswire.com |
2025-01-13 18:15:00 |
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CRBD: The First Exchange-Traded Debt Issue Of Corebridge Financial |
Corebridge Financial, Inc.'s new junior subordinated notes, CRBD, offer a 6.375% annual interest, trading above par with a YTC of 6.03% and YTM of 6.38%. Despite Corebridge's recent financial losses, Fitch rated CRBD BBB- and affirmed the company's A- long-term issuer default rating with a stable outlook. CRBD is undervalued compared to Corebridge's OTC debt issues and average US BBB-rated corporate debt, presenting a higher credit spread and potential value. |
seekingalpha.com |
2024-12-19 10:00:00 |
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Corebridge Financial Announces Updates to Board of Directors |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced updates to its Board of Directors. Peter Zaffino, Chairman & Chief Executive Officer of American International Group, Inc. (AIG), will step down as Chairman of the Board of Corebridge Financial after serving in this role since November 2021. Alan Colberg has been elected to succeed Mr. Zaffino as Chair of the Board of Directors. Mr. Colberg has served on the Corebridge Financial Board of Directors since Septem. |
businesswire.com |
2024-12-10 08:45:00 |
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CRBG vs. MURGY: Which Stock Is the Better Value Option? |
Investors looking for stocks in the Insurance - Multi line sector might want to consider either Corebridge Financial (CRBG) or M?nchener R?ckversicherungs-Gesellschaft (MURGY). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-12-09 14:46:22 |
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Corebridge Stock Down Despite Q3 Earnings Beat on Fixed Annuity Growth |
CRBG's Q3 results reflect increased fixed annuity deposits and higher net investment income, partly offset by higher costs resulting from elevated policyholder benefits. |
zacks.com |
2024-11-19 15:55:21 |
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Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $31.20 per share. The offering is expected to close on November 12, 2024, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 568 million total shares of common stoc. |
businesswire.com |
2024-11-07 23:24:00 |
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Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 568 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares. All of the net proc. |
businesswire.com |
2024-11-07 19:30:00 |
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Corebridge: Solid Q3 Results Point To Ongoing Strong Capital Returns |
Corebridge Financial shares surged 9% on strong Q3 earnings and higher rates post the election, with a 60% gain over the past year, aided by strong buybacks. The company reported a 32% EPS increase, with $810 million in operating earnings and aggressive capital returns, reducing share count by 8.4%. Corebridge's growth in annuity sales and AUM, particularly in fixed annuities, enhances earnings predictability and reduces hedging complexity. |
seekingalpha.com |
2024-11-06 22:16:11 |
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Corebridge Financial, Inc. (CRBG) Q3 2024 Earnings Call Transcript |
Corebridge Financial, Inc. (NYSE:CRBG ) Q3 2024 Results Conference Call November 5, 2024 11:00 AM ET Company Participants Isil Muderrisoglu - Head of Investor and Rating Agency Relations Kevin Hogan - President and Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Alex Scott - Barclays Wes Carmichael - Autonomous Research Suneet Kamath - Jefferies Ryan Kruger - KBW Tom Gallagher - Evercore Elyse Greenspan - Wells Fargo Wilma Burdis - Raymond James Josh Shanker - Bank of America Dan Bergman - TD Cowen Operator Hello, everyone, and welcome to the Corebridge Financial, Inc. Third Quarter 2024 Earnings Call. My name is Charlie, and I'll be coordinating the call today. |
seekingalpha.com |
2024-11-05 17:36:48 |
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Corebridge (CRBG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Corebridge (CRBG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-04 22:00:33 |
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Corebridge Financial (CRBG) Q3 Earnings Top Estimates |
Corebridge Financial (CRBG) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.05 per share a year ago. |
zacks.com |
2024-11-04 20:42:16 |
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Corebridge Financial Announces Third Quarter 2024 Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the third quarter ended September 30, 2024. Kevin Hogan, President and Chief Executive Officer of Corebridge, said, "We had a very strong quarter as Corebridge grew operating earnings per share by 31% year over year to $1.38. At the same time, we returned $848 million to shareholders through dividends and share repurchases, bringing the year-to-date payout ratio. |
businesswire.com |
2024-11-04 18:25:00 |
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Corebridge Financial and Miami-Dade County Public Schools Celebrate 60 Years of Providing Financial Security to Educators |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403(b) retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company (VALIC), a Corebridge Financial company, issued a 403(b) plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25 per pay period, helping to pioneer 403(b) employer contracts for educators in the United States. “T. |
businesswire.com |
2024-10-31 13:09:00 |
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Corebridge Financial (CRBG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release |
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-28 13:05:43 |
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Corebridge Enhances Retirement Solutions With MarketLock Annuity |
CRBG addresses the rising demand for RILA with the launch of MarketLock Annuity. |
zacks.com |
2024-10-10 15:17:37 |
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Corebridge Financial Schedules Announcement of Third Quarter 2024 Financial Results |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 11:00 a.m. EST on Tuesday, November 5, 2024, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay. |
businesswire.com |
2024-10-08 20:25:00 |
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Corebridge: Diversified Financial Firm Dip Opportunity As Future Growth Expected |
Corebridge Financial, a former AIG spinoff, sees its price drop near the moving average after an extended bullish period. The firm's diversified product mix across insurance, retirement, and annuities positions it to take advantage of a large market and growth potential. Undervalued vs. key peers, while its 3.4% dividend yield is above the sector average. |
seekingalpha.com |
2024-09-11 16:56:57 |
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Corebridge Financial Elects Edward Bousa to Board of Directors |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that its Board of Directors has elected Edward Bousa as an independent director, effective immediately. Mr. Bousa is a highly respected, veteran portfolio manager with over four decades of experience in the mutual fund industry. An acclaimed investment manager, he is well known for his in-depth assessments and analysis of companies across a multitude of sectors. When he retired from Wellington Management Company L. |
businesswire.com |
2024-08-26 20:30:00 |
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Corebridge Financial to Participate in Barclays 22nd Annual Global Financial Services Conference |
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Kevin Hogan, President and Chief Executive Officer of Corebridge, will participate in a fireside chat at the Barclays 22nd Annual Global Financial Services Conference at 2:45 p.m. EDT on Tuesday, September 10, 2024. A live webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. ma. |
businesswire.com |
2024-08-21 20:15:00 |
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Flourish Annuities Expands Annuity Marketplace with Corebridge Financial Partnership |
Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform Corebridge RIA-specific MYGA Now Available through RIA Fintech Platform |
globenewswire.com |
2024-08-06 13:00:00 |
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Corebridge Financial, Inc. (CRBG) Q2 2024 Earnings Call Transcript |
Corebridge Financial, Inc. (NYSE:CRBG ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Isil Muderrisoglu - Head of Investor and Rating Agency Relations Kevin Hogan - President and Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Ryan Kruger - KBW John Barnidge - Piper Sandler Suneet Kamath - Jefferies Tom Gallagher - Evercore Wes Carmichael - Autonomous Research Joel Hurwitz - Dowling & Partners Mike Ward - Citigroup Operator Good morning. Thank you for attending today's Corebridge Financial's Second Quarter 2024 Earnings Call. |
seekingalpha.com |
2024-08-03 18:48:06 |
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