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 bill...
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...
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 & Pa...
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 $4...
HOUSTON--(BUSINESS WIRE)--Corebridge Financial has launched the next generation of its retirement plan digital experience, designed to provide retirement savers clear and simple information, effortless control, and guidance that fits with their personal financial journey. “Our new retirement plan digital experience puts account details at participants' fingertips, whether they're at their desk ...
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, 20...
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 Co...
December saw six new preferred stock and exchange traded debt offerings with yields ranging from 6% to 9%, highlighting diverse investment opportunities. CDx3 preferreds ranked 10 out of 10 offer an average current yield of 6.57% and are selling at a slight discount to par. Investors can purchase newly introduced preferred stock shares at wholesale prices on the OTC, potentially avoiding capita...
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