Nov 2, 4:14 PM ET
Equitable Holdings reported third-quarter 2026 net income of $1.1 billion, or $4.05 per share, compared to a net loss in the prior-year period. Non-GAAP operating earnings were $595 million, or $2.13 per share, as the company experienced positive organic growth across its retirement, wealth management, and asset management businesses and returned $320 million to shareholders.
- Net income attributable to Holdings was $1.1 billion, or $4.05 per share, for the quarter ended September 30, 2026.
- Non-GAAP operating earnings reached $595 million, or $2.13 per share.
- The company returned $320 million to shareholders in the quarter, consisting of $82 million in dividends and $238 million in share repurchases.
- Total assets under management and administration increased to $1.2 trillion.
Read the filing on SEC.gov ↗
Sep 25, 8:15 AM ET
Seth Bernstein will retire as CEO of AllianceBernstein effective March 31, 2027, and will step down as head of asset management at Equitable Holdings. Onur Erzan, currently AB's President and a member of Equitable's Management Committee, will become AB's CEO and President effective April 1, 2027. At the September 23, 2026 annual meeting, shareholders elected all nine director nominees, ratified PricewaterhouseCoopers as auditor, and approved the advisory vote on executive pay.
- Seth Bernstein retires as AB CEO effective March 31, 2027, and steps down as Equitable's head of asset management; he will remain on the AB Board.
- Onur Erzan named AB CEO and President effective April 1, 2027, with a fiscal 2027 total compensation target of $13.5 million and a base salary of $650,000.
- Bernstein's retirement agreement includes a $2.5 million AB Holding unit award and 26 weeks of salary continuation totaling $325,000, subject to compliance conditions.
- Annual meeting on September 23, 2026: PricewaterhouseCoopers ratified with 241,391,012 votes for and 7,850,494 against; say-on-pay approved with 235,558,213 votes for.
Read the filing on SEC.gov ↗
Aug 4, 4:14 PM ET
Equitable Holdings reported a second-quarter 2026 net loss of $453 million, or $1.68 per share, wider than the $349 million loss a year earlier. Non-GAAP operating earnings rose to $488 million, or $1.70 per share, from $352 million, or $1.10 per share, in the prior-year quarter. Shareholders approved the merger with Corebridge Financial on July 30, and the company expects it to close by year-end 2026.
- Net loss attributable to Holdings was $453 million, or $1.68 per share, versus a $349 million loss, or $1.21 per share, in Q2 2025.
- Non-GAAP operating earnings were $488 million, or $1.70 per share, up from $352 million, or $1.10 per share; excluding notable items, they were $501 million, or $1.75 per share.
- The company returned $449 million to shareholders in the quarter, including $366 million of share repurchases and $83 million of dividends.
- Shareholders approved the Corebridge Financial merger on July 30, 2026; closing is expected by year-end 2026, subject to regulatory approvals.
Read the filing on SEC.gov ↗
May 4, 4:15 PM ET
Equitable Holdings reported first quarter 2026 net income of $621 million, or $2.14 per share, up from $63 million a year earlier. Non-GAAP operating earnings rose to $472 million, or $1.62 per share, from $421 million, and were $491 million, or $1.68 per share, excluding notable items. The company reaffirmed its 2026 guidance of $1.8 billion of cash generation and over 15% earnings per share growth, and said the pending all-stock merger with Corebridge Financial remains on track to close by year-end 2026.
- Net income attributable to Holdings was $621 million ($2.14 per share), compared with $63 million ($0.16 per share) in the first quarter of 2025.
- Non-GAAP operating earnings per share were $1.62, up from $1.30; excluding notable items, $1.68.
- Asset Management had net outflows of $7.1 billion, while Retirement had net inflows of $1.3 billion and Wealth Management had advisory net inflows of $2.0 billion.
- The company returned $223 million to shareholders in the quarter and reaffirmed its 2026 guidance of $1.8 billion of cash generation and over 15% EPS growth.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
