F&G Annuities & Life posts record Q3 earnings and AUM
+1 new source since this summary was written
F&G Annuities & Life reported third‑quarter 2026 net earnings of $736 million, or $5.48 per share, a sharp rise from $114 million, $0.85 per share, a year earlier. Adjusted earnings fell to $96 million, $0.74 per share, versus $165 million, $1.22 per share in Q3 2025. Assets under management before reinsurance reached $76.2 billion, up 7% YoY, driven by record core retail sales. The company returned $37 million to shareholders through dividends and share repurchases.
Why it matters
The surge in net earnings reflects a large favorable mark‑to‑market gain, boosting cash flow and supporting the $37 million capital return. The higher AUM and strong credit quality suggest continued earnings stability, which may influence investor expectations for future dividends and share buybacks.
Key facts
- 1Net earnings attributable to common shareholders were $736 million, or $5.48 per diluted share, for the quarter ended September 30 2026. prnewswire.com
- 2Adjusted net earnings were $96 million, or $0.74 per share, for the same period. prnewswire.com
- 3Assets under management before reinsurance totaled $76.2 billion as of September 30 2026, a 7% increase from the prior year. prnewswire.com
- 4Gross sales for the quarter were $3.0 billion, including record core retail sales of $2.1 billion. prnewswire.com
- 5The company returned $37 million to shareholders via dividends and share repurchases in the quarter. prnewswire.com
- 6Total equity for common shareholders, excluding other comprehensive income, was $6.7 billion, or $51.37 per share, as of September 30 2026. prnewswire.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.