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Corebridge Financial CRBG Institutional Markets — Interest Expense

Other segment segments

Group Retirement
$0
Individual Retirement
$0
Life Insurance
$0

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Other financials

Income statement

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Revenue$3.9B+43.6%
Net income$2.0M+100%
EPS (diluted)-$0.04+96.7%

Balance sheet

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Cash & equivalents$353.0M+21.7%
Total debt$1.3B+1,138%
Total equity$10.7B-13.4%
Total assets$415.79B+4.2%

Cash flow

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Operating cash flow-$44.0M

Valuation

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Market cap$14.97B-18.8%
Enterprise value$15.87B-13.0%
P/S0.8×-0.4×

Profitability

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Net margin5.4%

Returns & leverage

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Return on equity7.3%
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The source filing: Corebridge Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001889539-26-000141
(in millions) / Three Months Ended June 30, 2026Individual RetirementGroup RetirementLife InsuranceInstitutional MarketsCorporate & OtherTotal CorebridgeAdjustmentsTotal Consolidated
Non-deferrable insurance commissions503114511011102
Advisory fee expenses6394545
General operating expenses(c)87103122225639076466
Interest expense1241247131
Total benefits and expenses1,2525109507401803,6322303,862
Noncontrolling interests
Adjusted pre-tax operating income (loss)$467$151$112$119$(185)$664
Adjustments to:

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's institutional markets — interest expense?
Corebridge Financial (CRBG) reported institutional markets — interest expense of $0 in Q2 2026.
What does institutional markets — interest expense mean?
The cost of servicing debt obligations specifically allocated to the institutional markets segment. This reflects the interest paid on borrowings used to fund segment operations or capital requirements. High interest expenses can compress the net interest margin generated by the segment's investment activities.

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