Analyst Consensus ?
ConsensusBuy18 ratings
Bullish1372.2%
Neutral527.8%
Bearish00.0%
Corebridge Financial, Inc. · CRBG · FY2025 Q4 · Calendar Q1 2026
Corebridge cites record 2025 sales as Q4 growth moderates
The supplied analysis points to sustained demand for retirement products and institutional solutions, with fee-based growth as an additional driver. A modest Q4 slowdown and exposure to spread, mortality, real-estate and regulatory risks make the durability of earnings growth an important watchpoint.
Reported After market closeNYSEFinancial Services
$15.93B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.22
Consensus $1.11
EPS surprise
+9.9%
Reported versus consensus
Reported revenue
$6.34B
Consensus $5.16B
Revenue surprise
+23.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+0.8%
Event window
SPY move
-0.3%
Same window
Abnormal move
+1.1%
Stock minus SPY
Volume
1.2×
Versus trailing sessions
Subsequent drift
-25.3%
Up to 20 sessions
CRBGSPY benchmark
Ask FN2 about CRBG FY2025 Q4
Transcript, numbers and history already loaded
Why did CRBG rise 0.8% after beating EPS estimates in FY2025 Q4?What changed in CRBG's guidance and outlook in FY2025 Q4?Give me the bull and bear case for CRBG after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the Q4 account emphasizes full-year sales of $42 billion, 4% year-over-year EPS growth, and a modest Q4 slowdown. It also describes institutional sales growth of 24%, adoption of a crypto-linked RILA option, and reduced SOFR sensitivity; the prior quarter had emphasized record sales, the VA reinsurance transaction and New York RILA approval.
Guidance delta
Management reaffirmed 2026 guidance at the lower end of its target range, according to the supplied analysis. The analysis also describes $60 million of planned 2026 investment in digitization and wealth-management capabilities; it does not supply a revised numerical earnings target.
Key takeaways
- The supplied analysis reports record full-year sales of $42 billion and EPS growth of 4% year over year, alongside a modest Q4 slowdown.
- Institutional Markets sales reportedly rose 24%, with pension risk transfers and GICs cited as drivers.
- Management highlighted Market Lock RILA adoption, including a crypto-linked offering, and the expansion of fee-based wealth-management earnings.
- The analysis reports a 430% RBC ratio and $2.3 billion of liquidity; it also notes a 110% payout ratio.
Management priorities
- Invest in digitization and wealth-management capabilities.
- Expand fee-based earnings and cross-selling.
- Continue share repurchases and use the Bermuda reinsurance structure for capital efficiency.
- Develop and market the Market Lock RILA offering, including its crypto-linked version.
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Beat
Miss
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Analyst 52W Price Targets
$36.17Current
$23Low
$35.11Average
$46High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| TD Cowen | Buy | Buy | Maintain | Oct 21, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Oct 12, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Oct 12, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Oct 7, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 7, 2026 |
| UBS | Neutral | Neutral | Maintain | Oct 6, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Aug 20, 2026 |
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Aug 11, 2026 |
| Jefferies | Buy | Buy | Maintain | Jul 10, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | May 12, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 14, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Mar 3, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jun 27, 2025 |
| Deutsche Bank | Buy | Hold | Upgrade | Jan 10, 2025 |
| RBC Capital | Outperform | Outperform | Maintain | Aug 2, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Jan 9, 2024 |
| Citigroup | Neutral | Neutral | Maintain | Aug 9, 2023 |
| Credit Suisse | Neutral | Outperform | Downgrade | Jan 13, 2023 |
Named analyst price targets
Upside is calculated against the persisted current price $36.17. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Mizuho Securities | Analyst unavailable | $40 | $35.17 | +10.6% | Oct 7, 2026 |
| UBS | Michael Ward | $36 | $34.84 | -0.5% | Oct 6, 2026 |
| Evercore ISI | Analyst unavailable | $44 | $32.57 | +21.6% | Aug 20, 2026 |
| Wells Fargo | Wes Carmichael | $39 | $33.12 | +7.8% | Aug 19, 2026 |
| Piper Sandler | Analyst unavailable | $38 | $33.39 | +5.1% | Aug 12, 2026 |
| Piper Sandler | Analyst unavailable | $36 | $30.68 | -0.5% | Jul 15, 2026 |
| Jefferies | Analyst unavailable | $45 | $30.3 | +24.4% | Jul 10, 2026 |
| Mizuho Securities | Yaron Kinar | $36 | $29.85 | -0.5% | Jul 9, 2026 |
| Piper Sandler | Analyst unavailable | $31 | $27.74 | -14.3% | May 26, 2026 |
| Wells Fargo | Analyst unavailable | $35 | $26.34 | -3.2% | May 12, 2026 |
| UBS | Analyst unavailable | $29 | $26.94 | -19.8% | Apr 28, 2026 |
| Mizuho Securities | Yaron Kinar | $31 | $24.6 | -14.3% | Apr 13, 2026 |
| Mizuho Securities | Analyst unavailable | $39 | $31.45 | +7.8% | Feb 11, 2026 |
| Barclays | Alex Scott | $34 | $31.19 | -6.0% | Feb 10, 2026 |
| Wells Fargo | Analyst unavailable | $37 | $30.51 | +2.3% | Jan 13, 2026 |
| UBS | Analyst unavailable | $33 | $30.65 | -8.8% | Jan 8, 2026 |
| Barclays | Alex Scott | $35 | $30.44 | -3.2% | Jan 8, 2026 |
| Mizuho Securities | Yaron Kinar | $38 | $32.16 | +5.1% | Dec 15, 2025 |
| Morgan Stanley | Analyst unavailable | $35 | $32.64 | -3.2% | Dec 15, 2025 |
| Morgan Stanley | Bob Huang | $33 | $29.12 | -8.8% | Nov 17, 2025 |
| Evercore ISI | Analyst unavailable | $37 | $30.54 | +2.3% | Nov 5, 2025 |
| Evercore ISI | Thomas Gallagher | $38 | $32.06 | +5.1% | Oct 9, 2025 |
| Barclays | Alex Scott | $39 | $32.42 | +7.8% | Oct 8, 2025 |
| Morgan Stanley | Analyst unavailable | $39 | $32.28 | +7.8% | Oct 7, 2025 |
| Piper Sandler | Analyst unavailable | $40 | $32.28 | +10.6% | Oct 7, 2025 |
| Barclays | Analyst unavailable | $46 | $33.68 | +27.2% | Sep 5, 2025 |
| UBS | Analyst unavailable | $28 | $31.9 | -22.6% | Apr 2, 2025 |
| UBS | Analyst unavailable | $43 | $34.68 | +18.9% | Feb 28, 2025 |
| Barclays | Alex Scott | $33 | $28.48 | -8.8% | Sep 4, 2024 |
| Evercore ISI | Thomas Gallagher | $34 | $33.84 | -6.0% | May 16, 2024 |
| Piper Sandler | John Barnidge | $35 | $29.37 | -3.2% | May 6, 2024 |
| RBC Capital | Mark Dwelle | $33 | $28.68 | -8.8% | May 6, 2024 |
| RBC Capital | Mark Dwelle | $32 | $28.1 | -11.5% | Apr 5, 2024 |
| Piper Sandler | John Barnidge | $34 | $28.1 | -6.0% | Apr 5, 2024 |
| Credit Suisse | Analyst unavailable | $23 | $21.1 | -36.4% | Jan 13, 2023 |
| Morgan Stanley | Analyst unavailable | $26 | $22.04 | -28.1% | Nov 17, 2022 |
| Morgan Stanley | Nigel Dally | $25 | $19.94 | -30.9% | Oct 10, 2022 |
| Goldman Sachs | Alex Scott | $23 | $19.69 | -36.4% | Oct 10, 2022 |
Track every rating change on CRBG the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationCorebridge Financial, Inc. is a prominent financial services company primarily operating within the United States, dedicated to offering a broad spectrum of retirement and insurance solutions. Its business operations are strategically organized across four key segments: Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. Within the Individual Retirement division, customers can access a variety of offerings, including fixed, fixed-indexed, and variable annuities, alongside retail mutual funds. The Group Retirement segment caters to employer-sponsored defined contribution plans and their participants, providing essential services such as record-keeping, plan administration, and compliance management.…
Historical context
All CRBG earningsFinancial Services peers this season
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| APO Apollo Global Management, Inc. | FY2026 Q3 · Calendar Q4 2026 | -5.5% | -4.9% | Apollo Posts Record Q3 Earnings, Reaffirms 2027 Growth Targets |
| EQH Equitable Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +1.8% | EQH reports Q3 EPS growth and strong retirement inflows as merger work advances |
Latest beats and misses
Who reports nextBeat on EPS
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- SMCIFY2027 Q1 · November 3, 2026+47.2% EPS-4.2% move
- XYZFY2026 Q3 · November 3, 2026+9.7% EPS+14.9% move
- AMGNFY2026 Q3 · November 3, 2026+11.4% EPS+1.6% move
- SWKSFY2026 Q4 · November 3, 2026+0.8% EPS-6.9% move
Missed on EPS
- TXFY2026 Q3 · November 3, 2026-24.9% EPS-0.0% move
- CHTFY2026 Q3 · November 4, 2026-55.7% EPS+0.9% move
- TOSTFY2026 Q3 · November 3, 2026-20.1% EPS+5.9% move
- CPNGFY2026 Q3 · November 3, 2026-90.3% EPS+13.3% move
- TLNFY2026 Q3 · November 3, 2026-65.4% EPS+7.3% move
- APOSFY2026 Q3 · November 3, 2026-5.5% EPS-0.5% move
Get the CRBG recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-04T14:30:50.712756+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-04T14:30:50.710097+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-04. For educational purposes only; not investment advice.