Corebridge Financial, Inc. (CRBG) Tops Q3 EPS by 1c

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Corebridge Financial Announces Third Quarter 2023 Results

November 3, 2023 6:00 AM EDT

$1.4 billion of capital returned to shareholders since initial public offering in September 2022 Repurchased $102 million of shares from public market through October 31, 2023 Net income of $2.1 billion, or $3.28 per share Adjusted after-tax operating income1 of $675 million and operating EPS1 of $1.05 per share Base spread income2 grew 24% and base yield2 expanded 62 basis points over the prior year quarter Life Fleet RBC Ratio2 remains in excess of 400% target Announced sale of UK life business to Aviva plc for £460 million Closed sale of Laya Healthcare to AXA on October 31, 2023, with approximately $730 million special dividend payable in... More