JXN
Jackson Financial Inc.106.71
+0.52+0.49%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Brooke Re diversification details emerge
Q&A unpacked Brooke Re's fresh diversification via $1.3 billion payout annuity reinsurance and Hickory Re's $1.2 billion FIA block, promising medium-term cash flows and capital relief at JNL. TPG assets will fuel not just spread sales—pegged at $800 million quarterly run-rate—but RILA and institutional too, with net flows flattening in two years amid VA outflows. Analysts grilled Brooke Re's $1.7 billion equity and low $27 million generation; management cited Q2 volatility, surrenders on at-the-money GLWPs, yet affirmed 98th-percentile buffers and pending actual-to-expected gains. Hard assets have swelled notably. Structures hold firm.
Key Stats
Market Cap
7.43BP/E (TTM)
14.92Basic EPS (TTM)
7.15Dividend Yield
0.03%Recent Filings
10-K
FY2025 10-K filing
Jackson Financial Inc. filed its 10-K for FY2025 ended December 31, 2025, but key financial statements and MD&A detailing annual or Q4 results are not included in the provided excerpt. The filing primarily contains a retirement agreement for executive Craig D. Smith, effective December 31, 2025, outlining vested LTIP awards like PSUs and RSUs through 2027 and a 2025 cash bonus tied to company KPIs. No revenue, EPS, segment performance, liquidity, or quarterly momentum metrics are disclosed here. Q4 trends and capital allocation remain undisclosed in the 10-K excerpt. Executive transitions can signal stability. Interest rate volatility poses a key risk to future results.
8-K
Q4/FY25 earnings released
Jackson Financial disclosed Q4 and full-year 2025 results on February 18, ahead of its earnings call. Full-year non-GAAP earnings hit $1.6B with $22.67 per share; returned $862M to shareholders via dividends and buybacks. Retail annuity sales rose 10% to unspecified total, led by record RILA. JNL RBC ratio soared to 567%. Strong capital fuels growth.
8-K
Record annuity sales, strong earnings
Jackson Financial posted record Q4 retail annuity sales of $5.9B, up 27% YoY, fueled by 53% RILA surge to $2.3B and doubled fixed sales. Full-year adjusted operating earnings hit $1.6B at $22.67/share, driving $862M shareholder returns. Record sales diversify mix. Targets $900M-$1.1B returns in 2026.
8-K
Closes TPG partnership
Jackson Financial closed its strategic partnership with TPG on February 11, 2026, securing a $500 million equity investment via 4,715,554 shares, granting TPG a 6.5% stake. In return, Jackson's subsidiary received 2,279,109 TPG Class A shares. The deal launches a 10-year non-exclusive investment management pact. Partnership boosts growth; benefits may not materialize.
8-K
TPG invests $500M in Jackson
Jackson Financial inked a strategic pact with TPG on January 5, 2026, selling 4,715,554 common shares for $500 million cash—about 6.5% post-issuance stake, capped at 9.9%. Paired with $150 million excess cash, funds capitalize new captive reinsurer Hickory Re to turbocharge fixed and fixed index annuity sales. TPG targets $12 billion AUM over five years. Closing hinges on customary conditions.
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