F&G Q3 net earnings $114 million vs. loss a year ago; adjusted EPS flat at $1.22
F&G Annuities & Life reported third-quarter 2025 GAAP net earnings to common shareholders of $114 million, or $0.85 per diluted share, compared with a net loss of $10 million, or $0.08 per share, a year earlier. Adjusted net earnings were $165 million, or $1.22 per share, unchanged from the prior-year quarter, while nine-month adjusted net earnings fell to $359 million from $403 million. The company also reported record assets under management before flow reinsurance of $71.4 billion.
Key points
- Q3 2025 GAAP net earnings to common shareholders: $114 million ($0.85 per diluted share), versus a $10 million loss ($0.08 per share) in Q3 2024
- Q3 2025 adjusted net earnings: $165 million ($1.22 per share), versus $156 million ($1.22 per share) in Q3 2024
- Record AUM before flow reinsurance of $71.4 billion, up 14% year over year; Q3 net sales of $2.8 billion versus $2.4 billion
- Book value per common share excluding AOCI was $44.07 at September 30, 2025, and the company returned $33 million to shareholders through dividends in the quarter
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.