Key Highlights

  • Corebridge Financial's third quarter 2026 Net Income climbed to $1.44 billion from $144 million a year before.
  • Equitable Holdings reported $1.121 billion in net income, against a prior-year quarter loss of $1.3 billion.
  • A long-term care reserve revision of $125 million weighed on Loews, whose net income was $306 million against $504 million.
  • CNA Financial earned $196 million, which is $0.72 per diluted share, after $403 million a year before.
  • On net income of $193 million, Voya Financial approved a 21% quarterly Dividend increase to $0.57 a share, beginning in the fourth quarter of 2026.

How the Third Quarter 2026 Profit Table Stacks Up Across Financial Firms

The five firms below posted their results on or about Nov 2, 2026, and are ordered by reported net income, starting with the highest. Corebridge Financial (NYSE:CRBG) tops the list at $1.44 billion, Equitable Holdings (NYSE:EQH) trails at $1.121 billion, and Loews (NYSE:L) posts $306 million. CNA Financial (NYSE:CNA) and Voya Financial (NYSE:VOYA) round out the group with $196 million and $193 million.

Income definitions are not uniform. Corebridge and Voya use the phrase income available to common holders, Equitable and Loews count income attributable to the company's shareholders, and CNA gives plain net income. No total Revenue number appears in the Corebridge article, so the ranking relies on profit alone.

Non-operating items shaped the leaders. Corebridge credited mostly favorable net realized gains for its jump, and Equitable moved from a net loss of $1.3 billion the year before. The remaining three sit in a narrower band, and Loews and CNA each absorbed reserve charges tied to long-term care that pulled profit well below the year-earlier level.

1. Corebridge Financial: Realized Gains Drive Net Income Up to $1.44 Billion

Corebridge's net income to common shareholders reached $1.44 billion, equal to $3.22 per diluted share, compared with $144 million, or $0.27, in the prior-year quarter. Management pointed to favorable net realized gains, including embedded Derivatives within a funds withheld Reinsurance deal, plus Fair Value Market Risk benefit changes. Pre-tax results swung to income of $2.32 billion from a $42 million pre-tax loss.

The diluted share count shrank from 541 million to 447 million, which helped operating EPS reach $1.22 versus $0.96. Adjusted pre-tax Operating Income rose 4% to $677 million, yet premiums and deposits fell 29% to $8.8 billion, primarily because fixed index Annuity sales declined.

Capital returns totaled $295 million, of which $185 million went to Buybacks and $110 million to dividends. Holding Company Liquidity was $2.2 billion. Regulatory approval for the planned Merger with another large insurer is progressing, according to management.

2. Equitable Holdings: Recovering From a $1.3 Billion Loss Into $1.1 Billion of Profit

Equitable's net income reached $1.1 billion, or $4.05 a share. The same quarter a year earlier brought a $1.3 billion net loss, or $4.47 a share. Revenue came in at $3.881 billion, compared with $1.450 billion, and operating Earnings on a non-GAAP basis were $595 million, or $2.13 a share. A yearly actuarial assumption review contributed $111 million to net income.

On an adjusted footing that drops notable items, operating earnings reached $554 million, $1.98 a share, a 19% increase. Asset management drew $6.6 billion in net inflows compared with $2.3 billion of outflows a year earlier, with institutional channels leading. Retail channels, meanwhile, shed $8.4 billion.

Shareholders received $320 million, which equals a 59% Payout Ratio and sits just below the 60% to 70% target set for 2026. Oct 13, 2026 marked the closing date of the Employee Benefits Business sale.

3. Loews: Long-Term Care Reserve Update Behind Profit Falling to $306 Million

Loews attributed $306 million of net income to shareholders, or $1.50 a share, against $504 million, or $2.43. Revenue increased 1.9% to $4,759 million. Within the insurance unit, earnings dropped to $180 million from $371 million because of a $125 million after-tax reserve update tied to long-term care, weaker Underwriting and catastrophe losses of $78 million, up from $41 million.

The combined ratio moved to 97.0% from 92.8%. Loews Hotels & Co posted $16 million of earnings after a $3 million loss, and the pipeline business contributed $85 million compared with $94 million.

Cash and investments held at the parent, on a net basis, stood at $4.4 billion, up from $3.9 billion at the last year-end. Only a quarterly filing supports this item; neither a press release nor call material was used.

4. CNA Financial: Long-Term Care Review Pushes Profit Down to $196 Million

CNA's Bottom Line came to $196 million, with $0.72 per diluted share, compared with $403 million, or $1.48. The result represents a drop of roughly 51% (calculated). Revenue held steady at $3.82 billion in total, while net earned premiums moved up by 1.7%, arriving at $2.83 billion (calculated). Core earnings registered $203 million against a prior $409 million.

The Life & Group unit accounted for most of the movement; its annual reserve review booked long-term care reserves of $173 million before tax, leaving a $171 million core loss. Commercial's combined ratio went up by 7.0 points, reaching 99.7%, and International reached 86.1%, an improvement.

A $0.48 quarterly dividend was approved by the board. No press release or call transcript accompanied the quarterly filing that this item relies on.

5. Voya Financial: A 21% Dividend Boost Alongside $240 Million of Adjusted Earnings

Voya's common-shareholder net income climbed from $176 million, or $1.80 a diluted share, to $193 million, or $2.09. On an after-tax adjusted operating basis, earnings came to $240 million ($2.60 a share) compared with $239 million ($2.45). Smaller losses tied to exited businesses and stronger adjusted operating earnings were the stated reasons, partly offset by severance expense before tax of about $25 million. Revenue dropped to $2.03 billion from $2.13 billion.

Retirement client Assets rose 12% to $878 billion, and Employee Benefits posted $51 million of pre-tax earnings. Excess Capital generation came to roughly $225 million, with approximately $150 million returned to shareholders.

Effective with the fourth quarter of 2026, the board raised the quarterly dividend 21% to $0.57 a share and increased its repurchase authorization by $500 million.

Profit Concentration Across the Financial Group: Totals, Averages and the Top Two Share

Combined net income for the five reached $3,256 million (calculated), averaging $651.2 million per company (calculated). Corebridge and Equitable jointly represent 78.7% of that sum (calculated), which shows heavy dependence on the leading pair.

Corebridge's profit equals about 7.5 times Voya's (calculated). Still, the fourth and fifth firms are only $3 million apart. Bases vary: the Corebridge and Equitable figures reflect large non-operating moves, whereas Loews and CNA were held back by reserve charges tied to long-term care. Only four of the five Supply a revenue figure, because Corebridge does not publish one.

What to Watch Next: Payment Calendar, Merger Clearances and Voya's Filing Deadline

Corebridge's $0.25 payout lands on Dec 31, 2026 for holders of record as of Dec 17, 2026. CNA pays its $0.48 dividend on Dec 3, 2026; the Record Date is Nov 16, 2026. Voya plans to file its Quarterly Report by Nov 9, 2026, and the first payment at the $0.57 rate comes in the fourth quarter.

Equitable says its merger with another major insurer should be completed by year-end 2026, pending regulatory sign-off. Corebridge is also moving its own merger through approvals; expense synergies exceeding $100 million are on the list, though no closing date was given. The Loews material points to no dated milestone beyond its fourth-quarter report.