Equitable Holdings, Inc. (NYSE: EQH) generates a steady flow of news as a financial services holding company with businesses in retirement, protection, asset management and wealth management. Its principal franchises—Equitable, AllianceBernstein and Equitable Advisors—regularly issue announcements that reflect strategic, financial and advisory developments across the group.
Recent updates cover EQH news related to quarterly and annual financial results, capital management actions and corporate transactions. The company frequently announces earnings dates, releases detailed quarterly results and discusses segment performance in Retirement, Asset Management and Wealth Management, along with capital deployment through dividends, share repurchases, debt management and reinsurance transactions.
Equitable Holdings also issues news about strategic initiatives and acquisitions, such as agreements for its affiliates to acquire advisory businesses that expand its Wealth Management footprint. Filings and press releases describe how these transactions are intended to support long-term growth and align with the company’s integrated business model.
Another source of EQH-related news is research and thought leadership produced by Equitable. Recent studies have examined Generation X investors’ retirement planning behaviors and small business owners’ use of financial professionals, highlighting demand for advice, protection and retirement strategies. These releases provide insight into how the company views client needs and advisory relationships.
AllianceBernstein, as a subsidiary of Equitable Holdings, contributes additional headlines through leadership appointments and updates on its investment management activities. Equitable Advisors features in stories about advisor growth, support platforms and the role of financial professionals in client planning.
Investors, clients and observers can use this news feed to monitor how Equitable Holdings manages its segments, pursues acquisitions, conducts research on client segments and communicates financial performance over time.
Equitable Holdings (EQH) reported solid financial results for the year ending December 31, 2022, showcasing a net income of $1.8 billion and Non-GAAP operating earnings of $2.0 billion, or $5.08 per share, reflecting an 8% decline from 2021. The company achieved $10 billion in net inflows across its Core Retirement, Wealth, and Asset Management sectors. A key highlight was meeting a $180 million investment income target a year early. Despite challenges, including a 17% drop in total assets under management (AUM) to $754 billion, the firm maintained a robust RBC ratio of 425% and returned $1.3 billion to shareholders, supporting a strong capital management strategy.
Equitable has launched the Market Stabilizer Option® II (MSO II), an enhanced buffered index offering available for all single life variable universal life (VUL) products. This new product aims to help clients manage current market volatility and maximize wealth while protecting legacies. MSO II offers five options, including various levels of downside protection and tracking the S&P 500® Price Return Index. With this launch, Equitable aims to enhance client offerings amid economic uncertainty, building on its decade of experience in buffered indexed options in life insurance and annuity markets.
Equitable Holdings, Inc. (NYSE: EQH) announces that CFO Robin M. Raju will participate in a fireside chat at the 2023 Credit Suisse Financial Services Forum on February 13, 2023, at 1:50 p.m. ET. Investors can access a live audio webcast via the Equitable Holdings Investor Relations website. It is recommended to log on 15 minutes early to install necessary software. A replay will be available post-event. Equitable Holdings, founded in 1859, manages approximately $716 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.
Equitable Holdings, Inc. (NYSE: EQH) announced the release of its financial results for Q4 and the full year of 2022, scheduled for February 8, 2023, after market close. A conference call to discuss these results will be held on February 9, 2023, at 8:00 a.m. ET. Investors can access the call and related materials via their investor relations website. Equitable Holdings, founded in 1859, manages approximately $716 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.
Equitable Holdings, Inc. (NYSE: EQH) announced that CEO Mark Pearson will participate in the Goldman Sachs US Financial Services Conference on December 7, 2022, at 1:40 p.m. ET. A live audio webcast will be available on the Equitable Holdings Investor Relations website, and users are encouraged to log in 15 minutes early. Founded in 1859, Equitable Holdings manages approximately $716 billion in assets and serves over 5 million clients globally, with a workforce of around 12,000 professionals.
Equitable Holdings, Inc. (NYSE: EQH) announced a quarterly cash dividend of $0.20 per share, payable on December 5, 2022, to shareholders of record by November 28, 2022. Additionally, the board declared dividends for its preferred stock:
- Series A: $328.125 per share, payable on December 15, 2022.
- Series B: $618.75 per share, payable on December 15, 2022.
- Series C: $268.750 per share, payable on December 15, 2022.
Equitable Holdings (EQH) reported a net income of $273 million for Q3 2022, with earnings per share of $0.69, significantly down from $672 million and $1.59 in Q3 2021. Non-GAAP operating earnings were $498 million or $1.28 per share, adjusting for notable items yields $511 million or $1.32 per share. Total assets under management declined 17.7% year-over-year to $716 billion, primarily due to market performance. Despite a challenging environment, the firm returned $275 million to shareholders, maintaining a payout ratio of 50-60%. Investments and prudent management practices helped mitigate risks.
Equitable Holdings, Inc. (NYSE: EQH) announced enhancements to its registered index-linked annuity (RILA) products to aid clients in navigating volatile markets and inflation. The Structured Capital Strategies® Income product increased income rates by 25 basis points, addressing a decline in the equity market by 20% and high inflation. Additionally, the SCS PLUS RILA is now available in New York, extending access to more clients. These updates aim to provide clients with income and growth opportunities while mitigating equity market risks.
Equitable is now accepting applications for the 2023 Equitable Excellence Scholarship, providing 100 renewable scholarships of $5,000 annually for four years, totaling $20,000 per recipient. Additionally, 100 one-time $2,500 scholarships will be awarded. The program aims to improve college access and career readiness to enhance social mobility. Since its inception in 2003, Equitable has awarded over $30 million to more than 7,000 students. Applications are open until December 16.
Equitable Holdings (NYSE: EQH) will release its third quarter 2022 financial results on November 2, 2022, after market closure. Following this, a conference call webcast is scheduled for November 3, 2022, at 8:00 a.m. ET to discuss the results. Interested participants can access the webcast and earnings materials on the investor relations website. Equitable Holdings, founded in 1859, manages approximately $754 billion in assets and serves over 5 million clients globally.