← Corebridge Financial, Inc.

Annual Trend FY 2010 FY 2011 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $12.2m $10.9m $15.1b $23.4b $26.7b $18.9b $18.8b $18.5b
Revenues:
General operating expenses — — $2.0b $2.1b $2.3b $2.4b $2.1b $2.0b
Other Operating Expenses — — — — $120.0m $204.0m $48.0m $22.0m
EBIT $11.0b $1.5b $3.4b $11.0m
Additional Financial Items
Advisory fee income — — $553.0m $597.0m $475.0m $467.0m $506.0m $510.0m
Amortization of Intangible Assets — — — $7.0m $4.0m — — —
Change in the fair value of market risk benefits, net — — — ($447.0m) ($958.0m) ($6.0m) ($227.0m) $484.0m
Common stock - basic (in shares) — — $645.0m $645.0m $646.1m $643.3m $598.0m $539.3m
Common stock - diluted (in shares) — — $645.0m $645.0m $647.4m $645.2m $599.2m $539.3m
Current — — $1.7b $1.9b $878.0m $306.0m ($35.0m) ($488.0m)
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — $49.0m $175.0m $143.0m $111.0m $162.0m
Deferred — — ($1.7b) ($103.0m) $1.1b ($402.0m) $635.0m $337.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — — ($225.0m) ($57.0m) $58.0m $28.0m $80.0m
Fair Value, Option, Changes in Fair Value, Gain (Loss) — — — $937.0m ($197.0m) $458.0m $680.0m $907.0m
Gain on sale of securities $500k $174k — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — $9.5b $10.4b $972.0m $2.8b ($533.0m)
Income on other real estate owned $231k $24k — — — — — —
Interest and fees on loans $9.3m $8.2m — — — — — —
Interest credited to policyholder account balances — — $3.5b $3.5b $3.7b $4.4b $5.2b $5.9b
Interest-bearing demand deposits $237k $213k — — — — — —
Less: Net loss attributable to noncontrolling interests — — $224.0m $929.0m $320.0m ($68.0m) ($27.0m) ($24.0m)
Less: Preferred stock dividends — — — — — $0 $0 $0
Market Risk Benefit, Change in Fair Value, Gain (Loss) — — — ($447.0m) ($958.0m) $6.0m $227.0m ($484.0m)
Miscellaneous $1.0m $1.1m — — — — — —
Mortgage origination fee income $153k $121k — — — — — —
Net (gain) on divestitures — — $0 ($3.1b) $1.0m ($676.0m) ($245.0m) $0
Net interest income $8.5m $8.7m — — ($534.0m) ($580.0m) ($554.0m) ($552.0m)
Net interest income after provision for loan losses $5.2m $4.5m — — — — — —
Net loss ($1.1m) ($2.1m) — — — — — —
Non-deferrable insurance commissions — — $604.0m $680.0m $636.0m $588.0m $588.0m $553.0m
Occupancy $1.2m $1.1m — — — — — —
Other $157k $143k — — — — — —
Other Income — — $519.0m $578.0m $550.0m $417.0m $429.0m $208.0m
Other operating $4.4m $3.5m — — — — — —
Policy fees — — $2.9b $3.1b $3.0b $2.8b $2.9b $2.7b
Policyholder benefits (includes remeasurement losses of $467, $403 and $342 for the years ended December 31, 2025, 2024 and 2023, respectively) — — $6.6b $8.1b $7.3b $9.4b $6.6b $8.2b
Preferred Stock Dividends and Other Adjustments — — — — — $0 $0 $0
Premiums — — $4.3b $5.6b $5.1b $7.7b $4.6b $5.9b
Provision for loan losses $3.4m $4.2m — — — — — —
Realized Investment Gains (Losses) — — ($3.7b) $1.9b $8.0b ($3.6b) ($1.9b) ($4.0b)
Salaries and employee benefits $4.5m $4.4m — — — — — —
Savings deposits $397k $216k — — — — — —
Service charges $1.0m $844k — — — — — —
State, county and municipal $532k $599k — — — — — —
Time deposits $2.7m $1.6m — — — — — —
U. S. government agencies $2.2m $2.0m — — — — — —
Diluted EPS — — — — $12.60 $1.71 $3.72 ($0.68)
Diluted NI Availto Com Stockholders — — — — $8.2b $1.1b $2.2b ($366.0m)
Interest Income — — — — $1.9b $2.4b $2.7b $2.9b
Minority Interests — — — — ($320.0m) $68.0m $27.0m $24.0m
Net Income From Continuing And Discontinued Operation — — — — $8.2b $1.1b $2.2b ($366.0m)
Net Income From Continuing Operation Net Minority Interest — — — — $8.2b $1.1b $2.2b ($366.0m)
Normalized Income — — — — $8.2b $570.0m $2.0b ($366.0m)
Other Gand A — — — — $2.3b $2.3b $2.0b $2.0b
Other Special Charges — — — ($2.9b) $1.0m ($676.0m) ($245.0m) —
Reconciled Depreciation — — — — $585.0m $366.0m $193.0m $556.0m
Selling General And Administration — — — — $2.3b $2.3b $2.0b $2.0b
Special Income Charges — — — — ($1.0m) $676.0m $245.0m $0
Tax Effect Of Unusual Items — — — — ($192k) $142.0m $52.4m $0
Tax Provision — — — — $2.0b ($96.0m) $600.0m ($151.0m)
Tax Rate For Calcs — — — — $0 $0 $0 $0
Gain (Loss) on Investments — — ($3.7b) $1.9b $8.0b ($3.6b) ($1.9b) ($4.0b)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — $851.0m $10.1b $10.5b $940.0m $2.8b ($541.0m)
Net Investment Income — — $10.5b $11.7b $9.6b $11.1b $12.2b $13.1b
Policyholder Benefits and Claims Incurred, Net — — $6.6b $8.1b $7.3b $9.4b $6.6b $8.2b
Premiums Earned, Net — — $4.3b $5.6b $5.1b $7.7b $4.6b $5.9b
Total interest income $12.2m $10.9m — — — — — —
Total net realized losses — — ($3.7b) $1.9b $8.0b ($3.6b) ($1.9b) ($4.0b)
Total other income $2.9m $2.2m — — — — — —
Total Unusual Items — — — — ($1.0m) $676.0m $245.0m $0
Total Unusual Items Excluding Goodwill — — — — ($1.0m) $676.0m $245.0m $0
Pre-Tax Income — — — — $10.5b $940.0m $2.8b ($541.0m)
Net Income Continuous Operations — — — — $8.5b $1.0b $2.2b ($390.0m)
Net Income (Loss) Attributable to Parent ($2.0m) ($2.2m) $642.0m $7.4b $8.1b $1.1b $2.2b ($366.0m)
Net Income (Loss) Available to Common Stockholders, Basic ($2.0m) ($2.2m) $642.0m $7.4b $8.1b $1.1b $2.2b ($366.0m)
Net Income (Loss) Attributable to Noncontrolling Interest — — $224.0m $929.0m $320.0m ($68.0m) ($27.0m) ($24.0m)
Net Income Including Noncontrolling Interests — — — — $8.5b $1.0b $2.2b ($390.0m)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — — — $929.0m $320.0m $68.0m $27.0m ($24.0m)
Earnings Per Share, Basic ($1.19) ($2.36) $2.00 $19.57 $12.61 $1.72 $3.73 ($0.68)
Earnings Per Share, Diluted — — $2.00 $19.57 $12.59 $1.71 $3.72 ($0.68)
Weighted Average Number of Shares Outstanding, Basic — — 645.0m 645.0m 646.1m 643.3m 598.0m 539.3m
Basic Average Shares — — — — $646.1m $643.3m $561.5m $539.3m
Diluted Average Shares — — $645.0m $645.0m $647.4m $645.2m $599.0m $539.3m
Weighted Average Number of Shares Outstanding, Diluted — — 645.0m 645.0m 647.4m 645.2m 599.2m 539.3m
Expenses
Advisory fee expenses — — $316.0m $322.0m $266.0m $261.0m $286.0m $275.0m
Amortization of deferred policy acquisition costs and value of business acquired — — $543.0m $1.1b $1.4b $1.0b $1.1b $1.1b
Costs and Expenses — — — ($2.2b) $773.0m — — —
Current Income Tax Expense (Benefit) — — $1.7b $1.9b $878.0m $306.0m ($35.0m) ($488.0m)
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization — — $543.0m $1.1b $1.4b $1.0b $1.1b $1.1b
Deferred Policy Acquisition Costs, Amortization Expense — — — ($1.0b) ($1.4b) $1.0b $1.1b $1.1b
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — ($141.0m) $117.0m $204.0m $86.0m $35.0m
Income (loss) before income tax expense (benefit) — — $851.0m $10.1b $10.5b $940.0m $2.8b ($541.0m)
Interest Expense — — $490.0m $389.0m $534.0m $580.0m $554.0m $552.0m
Interest Expense Operating — — — — — — $554.0m $552.0m
Interest Expense, Debt — — — $34.0m — — — —
Operating Lease, Expense — — — $21.0m $33.0m $17.0m $16.0m $22.0m
Selling, General and Administrative Expense — — $2.0b $2.1b $2.3b $2.4b $2.1b $2.0b
General And Administrative Expense — — — — $2.3b $2.3b $2.0b $2.0b
Interest Expense Non Operating — — $490.0m $389.0m $534.0m $580.0m $554.0m $552.0m
Net Non Operating Interest Income Expense $8.5m $8.7m — — ($534.0m) ($580.0m) ($554.0m) ($552.0m)
Other Income Expense — — $519.0m $578.0m $550.0m $417.0m $429.0m $208.0m
Benefits, Losses and Expenses — — $14.2b $13.3b $16.2b $17.9b $16.0b $19.0b
Income Tax Expense (Benefit) ($953k) ($103k) ($15.0m) $1.8b $2.0b ($96.0m) $600.0m ($151.0m)
Total benefits and expenses — — $14.2b $13.3b $16.2b $17.9b $16.0b $19.0b
Total interest expense $3.6m $2.2m — — — — — —
Total other expenses $10.1m $8.9m — — — — — —
Total Expenses — — — — $15.3b $18.1b $16.2b $18.6b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.