Equitable Holdings Inc Stock Price, News & Analysis

Equitable Holdings, Inc. (NYSE: EQH) has declared a quarterly cash dividend of $0.18 per share of common stock, payable on March 7, 2022, to shareholders on record as of February 28, 2022. Additionally, the company announced dividends for its preferred stock series: $328.125 on Series A and $268.75 on Series C, both payable on March 15, 2022, to record holders as of March 4, 2022. Equitable has approximately $908 billion in assets under management, underscoring its strong financial position.

Equitable Holdings reported a significant financial turnaround for the full year 2021, achieving Non-GAAP operating earnings of $2.8 billion ($6.58 per share), a 32% increase year-over-year. The company experienced $25 billion in net inflows, driving Assets Under Management (AUM) up 12% to $908 billion. Despite a net loss of $439 million, improved performance in capital-light business segments and a new $1.2 billion share repurchase program for 2022 were highlighted. Total capital returned to shareholders reached $1.9 billion in 2021, demonstrating strong capital management actions.

Equitable Holdings, Inc. (NYSE: EQH) announced that Robin M. Raju, Senior Executive Vice President and CFO, will speak at the 2022 Credit Suisse Financial Services Forum on February 17, 2022, at 4:20 p.m. ET. Interested parties can access a live audio webcast on the Equitable Holdings Investor Relations website and should log in 15 minutes before the event. A recording will be available post-event. Founded in 1859, Equitable offers financial services and manages approximately $871 billion in assets, serving over 5 million clients.

Equitable Holdings Inc. (NYSE:EQH) has partnered with StudentLoan Tech, Inc. to launch a free eligibility calculator for the Public Service Loan Forgiveness (PSLF) program. This initiative aims to assist employees in the non-profit sector with managing student loan repayments as federal forbearance approaches its end on May 1, 2022. The tool estimates potential loan forgiveness and outlines application steps. Recent changes to PSLF have simplified applications and expanded eligibility, which could benefit more borrowers.

AllianceBernstein (AB) announced Noel Archard as the Global Head of ETFs and Portfolio Solutions, effective February 7, 2022. This new role aims to establish a global ETF business, with active ETF offerings planned for later in the year. Archard, with over 20 years of experience, will lead the initiative and report to Onur Erzan. The firm aims to create innovative solutions to meet evolving client needs, leveraging its investment capabilities. As of December 31, 2021, Equitable Holdings, Inc. (EQH) owned approximately 64.5% of AllianceBernstein.

Equitable Holdings, Inc. (NYSE: EQH) will release its financial results for Q4 and the full year of 2021 on February 10, 2022, after market close. A conference call to discuss the results is set for February 11, 2022, at 9:00 a.m. ET. The call will be available on the company's investor relations website. Equitable Holdings has about 12,000 employees and $871 billion in assets under management as of September 30, 2021, serving over 5 million clients globally.

Equitable Holdings, Inc. (NYSE: EQH) has partnered with Bestow to launch a new digital term life insurance product named Term-in-10. This offering utilizes Bestow's advanced technology to streamline the application process, allowing customers to secure coverage in about 10 minutes without a medical exam. The product is available exclusively through Equitable Advisors, aiming to enhance the customer experience and expand access to life insurance. Coverage amounts reach up to $1 million across flexible term options of 10, 15, and 20 years.

Equitable Holdings, Inc. (NYSE: EQH) announced that CEO Mark Pearson will participate in a fireside chat at the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 4:20 p.m. ET. A live audio webcast will be available on the Equitable Holdings Investor Relations website, where a replay will be accessible post-event. Equitable Holdings, established in 1859, manages approximately $871 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.