Jackson Financial’s shares edged up 1.5% following their Q1 report, reflecting investor caution despite solid underlying performance and stable capital generation. The market appears to be digesting the earnings as largely in line with expectations without a clear catalyst for a stronger move.
- Adjusted capital totaled $5.5 billion, up nearly 5% year-over-year, supporting consistent capital returns and shareholder distributions.
- Pretax operating earnings increased 12% year-over-year on an adjusted basis, with an 18% earnings-per-share gain aided by share repurchases.
- Retail annuity sales grew 31%, driven by strong demand for RILA products, which have now exceeded $2 billion in quarterly sales since launch in May 2025.
- Fixed annuity and FIA sales reached $750 million, a significant jump from $174 million a year ago, reflecting initial success of the FIA launched in August 2025.
- Net outflows improved by 30% year-over-year and declined modestly from the prior quarter, though variable annuity withdrawals are expected to continue as the block matures.
Community Discussion