Investing.com — reported stronger-than-expected fourth quarter results on Monday, with earnings and revenue surpassing analyst estimates, sending shares up 2% in after-hours trading.
The financial services company posted adjusted earnings per share of $1.22 for the fourth quarter, exceeding analyst expectations of $1.11. Revenue reached $6.34 billion, significantly above the consensus estimate of $5.16 billion. The company reported premiums and deposits of $10.1 billion for the quarter, representing a 7% increase compared to the same period last year.
“Corebridge delivered strong results in 2025, starting with a record $42 billion in sales of products that help our customers protect, grow and secure their wealth,” said Marc Costantini, President and Chief Executive Officer. “Customer needs for financial security have never been greater, and with our diverse product suite, powerhouse distribution network, and commitment to achieving industry-leading customer service, Corebridge is uniquely positioned to win.”
The company’s net income for the quarter was $814 million, or $1.59 per share, compared to $2.2 billion in the prior year quarter. The year-over-year decline was primarily due to lower net realized gains and changes in fair value of market risk benefits.
Corebridge returned $1.2 billion to shareholders during the quarter, including $1.1 billion in share repurchases and $119 million in dividends. For the full year 2025, the company returned $2.6 billion to shareholders, representing a 110% payout ratio.
The company also announced a 4% increase in its quarterly dividend to $0.25 per share, payable on March 31, 2026, reflecting confidence in its cash generation capabilities.
Corebridge maintained strong capital and liquidity positions, with a Life Fleet RBC ratio of 430-440% and holding company liquidity of $2.3 billion as of December 31, 2025.
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