Equitable Holdings, Inc. ( (EQH) ) has released its Q1 earnings. Here is a breakdown of the information Equitable Holdings, Inc. presented to its investors.
Equitable Holdings, Inc. is a prominent financial services holding company that offers retirement and protection strategies, investment management, and financial advisory services through its subsidiaries, Equitable, AllianceBernstein, and Equitable Advisors. The company manages over $1 trillion in assets and serves more than 5 million clients worldwide.
In its first quarter 2025 earnings report, Equitable Holdings reported positive net flows across its Retirement, Wealth Management, and Asset Management segments, totaling $6 billion. The company achieved a net income of $63 million and non-GAAP operating earnings of $421 million. Additionally, Equitable Holdings returned $335 million to shareholders and increased its stake in AllianceBernstein.
Key financial highlights include a 3% year-over-year increase in total assets under management, reaching $1 trillion. The company saw significant net inflows in its Retirement and Wealth Management segments, while its Asset Management division reported $2.4 billion in net inflows. Despite a decrease in net income compared to the previous year, Equitable Holdings maintained a robust balance sheet with a combined NAIC RBC ratio of approximately 425%.
Strategically, Equitable Holdings is on track to complete a life reinsurance transaction with RGA by mid-2025, which is expected to free over $2 billion in capital and reduce mortality volatility. The company plans to repurchase additional shares and increase its quarterly cash dividend, reflecting confidence in its long-term growth outlook.
Looking ahead, Equitable Holdings aims to leverage its strong financial position and integrated business model to navigate market uncertainties and capitalize on growth opportunities. The company’s management remains optimistic about its ability to deliver shareholder value through strategic initiatives and disciplined capital management.