Earnings Releases·Nov 2, 2026, 4:14 PM ET

Equitable Holdings — Third Quarter 2026 Earnings Summary

Net income attributable to Holdings turned profitable at $1.1 billion ($4.05/share) compared to a $1.3 billion loss in Q3 2025, while Non-GAAP operating earnings rose 19% year-over-year to $595 million ($2.13/share).
The merger with Corebridge Financial remains on track to close by year-end 2026, pending regulatory approvals, with management targeting a 60-70% full-year payout ratio and having already returned $320 million to shareholders in the quarter.
Total AUM/A grew 4% year-over-year to $1.2 trillion, driven by $1.1 billion in Retirement net inflows, $6.6 billion in Asset Management inflows, and $2.7 billion in Wealth Management advisory inflows.
The Company completed the sale of its Employee Benefits business to The Hartford on October 13, 2026, and deployed over $25 billion to AllianceBernstein's Private Markets Platform, exceeding its $20 billion commitment.