Equitable Holdings, Inc. (EQH)
The company now
Equitable Holdings reported a second quarter 2026 net loss of $453 million on 4 August, while non-GAAP operating earnings, the company's own adjusted measure, were $488 million 4.
The larger story is a pending all-stock merger with Corebridge Financial, agreed on 26 March 2026 1. Stockholders of both companies approved it on 30 July, and the company expects it to close by year-end 2026 3.
Under the agreement, current Equitable stockholders would own about 49 percent of the combined company, which would be headquartered in Houston, Texas 1. Corebridge's chief executive would run it, with Mark Pearson as Executive Chair 1.
Regulators still have to approve it, including insurance regulators in Arizona, Colorado, Missouri, New York and Texas 1. Meanwhile assets under management and administration reached a record $1.2 trillion in the second quarter, the company said 4.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.