Equitable Holdings, Inc. files 10-Q

Equitable Holdings reported a significant increase in net income attributable to Holdings to $621 million for the first quarter of 2026, up from $63 million in the prior year's quarter. This improvement was driven by favorable expense changes, lower policyholder benefits, and reduced market risk benefits, partially offset by lower derivative gains and increased interest credited to policyholders. The company is proceeding with its proposed merger with Corebridge, expected to close by the end of 2026.