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DES MOINES, Iowa, Sept. 8, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G) today announced that Conor Murphy, CEO & President, and Michael Bailey, EVP, Chief Financial Officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, September 14, 2026 at 9:45 am Eastern Time.

DES MOINES, Iowa, Sept. 3, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G) today announced that Conor Murphy, CEO & President, and Michael Bailey, EVP, Chief Financial Officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 10, 2026 at 3:05 p.m.

F&G Annuities & Life, Inc. (FG) Q2 2026 Earnings Call Transcript

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF") today announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per share of common stock. The dividend will be payable September 30, 2026, to stockholders of record as of September 16, 2026.

About Fidelity National Financial, Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority owned subsidiary F&G Annuities & Life, Inc. (NYSE: FG). FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at www.fnf.com.

SOURCE Fidelity National Financial, Inc.

, /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) (FNF or the Company), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE: FG) (F&G), today reported financial results for the three months ended June 30, 2026.

Net earnings attributable to common shareholders for the second quarter were $288 million, or $1.08 per diluted share (per share), compared with net earnings of $278 million, or $1.02 per share, for the second quarter of 2025. Net earnings attributable to common shareholders include mark-to-market effects and non-recurring items; all of which are excluded from adjusted net earnings attributable to common shareholders.

Adjusted net earnings attributable to common shareholders (adjusted net earnings) for the second quarter were $370 million, or $1.39 per share, compared with $318 million, or $1.16 per share, for the second quarter of 2025.

The Title Segment contributed $339 million for the second quarter, compared with $260 million for the second quarter of 2025 The F&G Segment contributed $65 million for the second quarter, which reflects our approximately 72% ownership stake following the stock distribution at year-end, compared with $89 million for the second quarter of 2025, which reflected our approximately 82% ownership stake The Corporate Segment adjusted net loss was $6 million for the second quarter, before eliminating dividend income from F&G in the consolidated financial statements, compared with adjusted net loss of $3 million for the second quarter of 2025 FNF's consolidated adjusted net earnings include significant income and expense items in the F&G Segment, as well as alternative investment portfolio short-term returns that differ from long-term return expectations. Please see "Segment Financial Results" for F&G, as well as the "Non-GAAP Measures and Other Information" section for further explanation Company Highlights

Title Segment generated strong revenue and an industry leading margin despite dynamic environment: For the Title Segment, total revenue was $2.5 billion for the second quarter, compared with $2.2 billion for the second quarter of 2025. Total revenue, excluding recognized gains and losses, was $2.5 billion for the second quarter, a 16% increase over the second quarter of 2025. Our industry leading adjusted pre-tax title margin was 17.8% for the second quarter F&G Segment achieved assets under management before reinsurance of nearly $75 billion: F&G achieved record assets under management before reinsurance of $74.7 billion at the end of the second quarter, an increase of 8% over the second quarter of 2025. F&G's gross sales were $2.7 billion and net sales were $1.5 billion for the second quarter Robust return of capital to shareholders: FNF returned approximately $195 million of capital to shareholders in the second quarter through $138 million of common stock dividends and $57 million of share repurchases. This brought the first half of 2026 capital returned to shareholders to approximately $417 million, through $278 million of dividends and $139 million of share repurchases. FNF ended the quarter with $457 million in cash and short-term liquid investments at the holding company William P. Foley, II, Chairman, commented, "Our second quarter results highlight the strength of FNF's business model and the benefits of having two complementary market-leading franchises. In Title, we delivered an industry-leading adjusted pre-tax title margin of 17.8% despite a residential market that remains constrained by elevated mortgage rates and historically low transaction volumes. In F&G, assets under management before reinsurance approached $75 billion as the business continued to execute its strategy of balancing growth, profitability and capital efficiency."

Mr. Foley added, "Our businesses continue to generate strong and consistent cash flow, supporting a disciplined capital allocation strategy that balances investing for future growth while returning capital to shareholders. During the second quarter, we returned approximately $195 million of capital through dividends and share repurchases, bringing total capital returned during the first six months of 2026 to approximately $417 million. With strong market positions and financial flexibility, we believe FNF remains exceptionally well positioned to create long-term value for our shareholders."

Summary Financial Results

(In millions, except per share data)

Three Months Ended

Year to Date

June 30, 2026

June 30, 2025

2026

2025

Total revenue

$     4,051

$      3,635

$      7,277

$       6,364

F&G AUM before reinsurance1

$   74,687

$    69,161

$    74,687

$     69,161

F&G assets under management (AUM)1

$   55,868

$    55,565

$    55,868

$     55,565

F&G gross sales1

$     2,719

$      4,106

$      5,892

$       7,008

F&G net sales1

$     1,464

$      2,744

$      3,709

$       4,925

Total assets

$ 114,528

$  102,331

$  114,528

$   102,331

Adjusted pre-tax title margin

17.8 %

15.5 %

15.7 %

13.8 %

Net earnings attributable to common shareholders

$        288

$        278

$        531

$          361

Net earnings per share attributable to common shareholders

$       1.08

$       1.02

$       1.98

$         1.32

Adjusted net earnings1

$        370

$        318

$        619

$          531

Adjusted net earnings per share1

$       1.39

$       1.16

$       2.31

$         1.95

Weighted average common diluted shares

267

273

268

273

Total common shares outstanding

268

272

268

272

_____________________________

1 See definition of non-GAAP measures below

Segment Financial Results 

Title Segment

This segment consists of the operations of the Company's title insurance underwriters and related businesses, which provide core title insurance and escrow and other title-related services including loan sub-servicing, valuations, default services and home warranty.

Mike Nolan, Chief Executive Officer, added, "The Title business delivered an outstanding second quarter, generating adjusted pre-tax title earnings of $448 million, up 33% over the prior year, and an industry-leading adjusted pre-tax title margin of 17.8%. These results reflect strength across our commercial, residential, and agency businesses, supported by disciplined expense management and the benefits of our scale and operating platform.  Commercial remains a meaningful driver of our performance as transaction activity and fee per file continue to trend higher, positioning us for what could be one of the strongest commercial years in our history."

Mr. Nolan continued, "We are also seeing the benefits of our investments in technology, automation and artificial intelligence. As the leading provider of title and settlement services, FNF provides the rails upon which real estate transactions run, by orchestrating complex multi-party settlements, safeguarding the movement of funds and mitigating fraud in every transaction. By embedding AI capabilities into these workflows, we believe we can drive significant value over time by enhancing efficiency, reducing risk, strengthening fraud prevention and improving the customer experience across real estate transactions.  Combined with the significant operating leverage embedded in our model, we believe we are exceptionally well positioned to benefit from the continued strength in commercial and an eventual recovery in residential transaction volumes."

Second Quarter 2026 Highlights

Total revenue was $2.5 billion, compared with $2.2 billion for the second quarter of 2025 Total revenue, excluding recognized gains and losses, was $2.5 billion, a 16% increase over the second quarter of 2025 Direct title premiums were $767 million, a 21% increase over the second quarter of 2025 Agency title premiums were $967 million, a 15% increase over the second quarter of 2025 Commercial revenue was $440 million, a 32% increase over the second quarter of 2025 Purchase orders opened increased 3% on a daily basis and purchase orders closed increased 4% on a daily basis compared with the second quarter of 2025 Refinance orders opened increased 16% on a daily basis and refinance orders closed increased 26% on a daily basis over the second quarter of 2025 Commercial orders opened increased 7% and commercial orders closed increased 11% over the second quarter of 2025 Total fee per file was $4,107 for the second quarter, a 5% increase from the second quarter of 2025  Second Quarter 2026 Financial Results

Pre-tax title margin was 17.8% and industry leading adjusted pre-tax title margin was 17.8% for the second quarter, compared with 16.6% and 15.5%, respectively, for the second quarter of 2025 Pre-tax earnings in Title for the second quarter were $451 million, compared with $367 million for the second quarter of 2025 Adjusted pre-tax earnings in Title were $448 million for the second quarter, an increase of 33% over $337 million for the second quarter of 2025, driven primarily by higher direct operating revenue and agent premiums. Direct title operating revenue increased 17% and agent premiums increased 15% over the second quarter of 2025 F&G Segment

This segment consists of operations of FNF's majority-owned subsidiary F&G, a leading provider of insurance solutions serving retail annuity and life customers and funding agreement and pension risk transfer institutional clients.

Conor Murphy, F&G's Chief Executive Officer and President, commented, "The second quarter reflects the strength and resilience of the business we have built at F&G. We achieved record assets under management before reinsurance of $74.7 billion underpinned by continued momentum in core retail, while maintaining our disciplined approach to sales, pricing and capital allocation. Our investment portfolio continues to perform well, with strong credit performance and impairments remaining below pricing assumptions, reinforcing the consistent earnings power of our business. Combined with our diversified distribution platform and strategic reinsurance relationships, we believe F&G is well positioned to navigate a dynamic market environment."

Mr. Murphy continued, "Having spent the past year working closely with our employees, distribution partners and leadership team, my confidence in the future of F&G has only grown stronger. We see meaningful opportunities to further scale our fee-based, higher-margin and less capital-intensive earnings streams while continuing to grow our core spread-based franchise. Supported by strong inforce earnings generation, substantial financial flexibility and favorable demographic trends, we are confident in our ability to grow assets under management, expand returns and create long-term shareholder value."

Second Quarter 2026

AUM before flow reinsurance was $74.7 billion at the end of the second quarter, an increase of 8% over the second quarter of 2025.  This included retained AUM of $55.9 billion, an increase of 1% over the second quarter of 2025; retained AUM reflects positive asset flows offset by $1.8 billion inforce block ceded with the F&G Life Re (Bermuda) sale effective March 1, 2026 and a $750 million funding agreement-backed note maturity in the second quarter of 2026 Gross sales were $2.7 billion for the second quarter, compared with $4.1 billion for the second quarter of 2025 which included near record opportunistic sales; reflects our commitment to manage growth for the long-term Core sales were $2.0 billion for the second quarter, compared with $2.2 billion for the second quarter of 2025; reflects strong momentum with $1.8 billion of core retail (indexed annuity and indexed universal life), one of our strongest quarters on record, and $0.2 billion of pension risk transfer sales Opportunistic sales were $0.7 billion for the second quarter, compared with $1.9 billion for the second quarter of 2025; reflects lower multiyear guaranteed annuities partially offset by higher funding agreements. Opportunistic volumes vary quarter to quarter depending on economics and market opportunity Net sales were $1.5 billion for the second quarter, compared with $2.7 billion for the second quarter of 2025; reflects flow reinsurance in line with capital targets for multiyear guaranteed annuities and fixed indexed annuities F&G Segment net loss attributable to common shareholders was $55 million for the second quarter which included unfavorable mark-to-market movement, compared to net earnings of $33 million for the second quarter of 2025 which included unfavorable mark-to-market movement F&G Segment adjusted net earnings attributable to common shareholders were $65 million for the second quarter which reflects our approximately 72% ownership stake following the stock distribution at year-end, compared with $89 million for the second quarter of 2025, which reflected our approximately 82% ownership stake F&G Segment adjusted net earnings were $65 million for the second quarter of 2026. Investment income from alternative investments was $35 million, or $0.13 per share, below management's current long-term expected return of approximately 12% F&G Segment adjusted net earnings were $89 million for the second quarter of 2025. Investment income from alternative investments was $55 million, or $0.21 per share, below management's long-term expected return As compared with the prior year quarter and excluding the above items, adjusted net earnings reflect consistent core spread as the business maintained disciplined pricing. Total product margin was reduced after reflecting the F&G Life Re (Bermuda) sale, as well as lower surrender charge fee income and higher other liability costs, as expected. These items were partially offset by asset growth, steady fees from accretive flow reinsurance and owned distribution margin, and disciplined expense management which continued to drive scale benefit Conference Call

We will host a call with investors and analysts to discuss FNF's second quarter of 2026 results on Thursday, August 6, 2026, beginning at 11:00 a.m. Eastern Time.  A live webcast of the conference call will be available on the Events and Multimedia page of the FNF Investor Relations website at fnf.com. The conference call replay will be available via webcast through the FNF Investor Relations website at fnf.com.

About Fidelity National Financial, Inc.

Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries.  FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States.  More information about FNF can be found at fnf.com. 

About F&G

F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.

Use of Non-GAAP Financial Information

Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the preparation of financial statements. In addition to reporting financial results in accordance with GAAP, this earnings release includes non-GAAP financial measures, which the Company believes are useful to help investors better understand its financial performance, competitive position and prospects for the future. These non-GAAP measures include adjusted net earnings per share, adjusted pre-tax title earnings, adjusted pre-tax title earnings as a percentage of adjusted title revenue (adjusted pre-tax title margin), adjusted net earnings attributable to common shareholders (adjusted net earnings), assets under management (AUM), average assets under management (AAUM) and sales. 

Management believes these non-GAAP financial measures may be useful in certain instances to provide additional meaningful comparisons between current results and results in prior operating periods.  Our non-GAAP measures may not be comparable to similarly titled measures of other organizations because other organizations may not calculate such non-GAAP measures in the same manner as we do.

The presentation of this financial information is not intended to be considered in isolation of or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.  By disclosing these non-GAAP financial measures, FNF believes it offers investors a greater understanding of, and an enhanced level of transparency into, the means by which the Company's management operates the Company.

Any non-GAAP measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP net earnings, net earnings attributable to common shareholders, net earnings per share, or any other measures derived in accordance with GAAP as measures of operating performance or liquidity. Further, FNF's non-GAAP measures may be calculated differently from similarly titled measures of other companies. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are provided below.

Forward-Looking Statements and Risk Factors

This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business, political crisis, war and pandemic conditions, including ongoing geopolitical conflicts; consumer spending; government spending; the volatility and strength of the capital markets; investor and consumer confidence; foreign currency exchange rates; commodity prices; inflation levels; changes in trade policy; tariffs and trade sanctions on goods; trade wars; supply chain disruptions; weakness or adverse changes in the level of real estate activity, which may be caused by, among other things, high or increasing interest rates, a limited supply of mortgage funding or a weak U.S. economy; our potential inability to find suitable acquisition candidates; our dependence on distributions from our title insurance underwriters as a main source of cash flow; significant competition that F&G and our operating subsidiaries face; compliance with extensive government regulation of our operating subsidiaries, including regulation of title insurance and services and privacy and data protection laws; systems damage, failures, interruptions, cyberattacks and intrusions, or unauthorized data disclosures; and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of FNF's Form 10-K and other filings with the Securities and Exchange Commission.

FNF-E

FIDELITY NATIONAL FINANCIAL, INC.

SECOND QUARTER SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Three Months Ended

June 30, 2026

Direct title premiums

$       767

$       767

$        —

$           —

$           —

Agency title premiums

967

967

—

—

—

Escrow, title related and other fees

1,173

694

413

66

—

Total title and escrow

2,907

2,428

413

66

—

Interest and investment income

811

86

718

35

(28)

Recognized gains and losses, net

333

14

290

29

—

Total revenue

4,051

2,528

1,421

130

(28)

Personnel costs

965

819

77

69

—

Agent commissions

749

749

—

—

—

Other operating expenses

460

394

41

25

—

Benefits & other policy reserve changes

1,149

—

1,149

—

—

Market risk benefit (gains) losses

32

—

32

—

—

Depreciation and amortization

219

37

175

7

—

Provision for title claim losses

78

78

—

—

—

Interest expense

61

—

41

20

—

Total expenses

3,713

2,077

1,515

121

—

Pre-tax earnings (loss)

$       338

$       451

$       (94)

$             9

$          (28)

  Income tax expense (benefit)

63

92

(19)

(10)

—

 Earnings from equity investments

1

1

—

—

—

  Non-controlling interests

(12)

8

(20)

—

—

Net earnings (loss) attributable to common shareholders

$       288

$       352

$       (55)

$           19

$          (28)

EPS attributable to common shareholders - basic

$      1.08

EPS attributable to common shareholders - diluted

$      1.08

Weighted average shares - basic

267

Weighted average shares - diluted

267

FIDELITY NATIONAL FINANCIAL, INC.

SECOND QUARTER SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Three Months Ended

June 30, 2026

Net earnings (loss) attributable to common shareholders

$          288

$          352

$       (55)

$           19

$          (28)

Pre-tax earnings (loss)

$          338

$          451

$       (94)

$             9

$          (28)

 Non-GAAP Adjustments

  Recognized (gains) and losses, net

147

(14)

190

(29)

—

  Market related liability adjustments

(10)

—

(10)

—

—

  Purchase price amortization

28

11

15

2

—

  Transaction and other costs

14

—

14

—

—

Adjusted pre-tax earnings (loss)

$          517

$          448

$       115

$          (18)

$          (28)

Total non-GAAP, pre-tax adjustments

$          179

$            (3)

$       209

$          (27)

$           —

  Income taxes on non-GAAP adjustments

(34)

1

(41)

6

—

  Non-controlling interest on non-GAAP adjustments

(48)

—

(48)

—

—

  Deferred tax asset valuation allowance

(11)

(11)

—

—

—

  Tax (benefit) expense related to change in FG tax  basis

(4)

—

—

(4)

—

Total non-GAAP adjustments

$           82

$          (13)

$       120

$          (25)

$           —

Adjusted net earnings (loss) attributable to common shareholders

$          370

$          339

$        65

$           (6)

$          (28)

Adjusted EPS attributable to common shareholders - diluted

$         1.39

FIDELITY NATIONAL FINANCIAL, INC.

SECOND QUARTER SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Three Months Ended

June 30, 2025

Direct title premiums

$       632

$       632

$        —

$           —

$           —

Agency title premiums

839

839

—

—

—

Escrow, title related and other fees

1,289

613

631

45

—

Total title and escrow

2,760

2,084

631

45

—

Interest and investment income

777

86

682

37

(28)

Recognized gains and losses, net

98

43

51

4

—

Total revenue

3,635

2,213

1,364

86

(28)

Personnel costs

867

749

77

41

—

Agent commissions

654

654

—

—

—

Other operating expenses

416

342

42

32

—

Benefits & other policy reserve changes

993

—

993

—

—

Market risk benefit (gains) losses

(4)

—

(4)

—

—

Depreciation and amortization

200

35

158

7

—

Provision for title claim losses

66

66

—

—

—

Interest expense

61

—

41

20

—

Total expenses

3,253

1,846

1,307

100

—

Pre-tax earnings (loss)

$       382

$       367

$        57

$          (14)

$          (28)

  Income tax expense (benefit)

98

93

15

(10)

—

  Earnings from equity investments

9

9

—

—

—

  Non-controlling interests

15

6

9

—

—

Net earnings (loss) attributable to common shareholders

$       278

$       277

$        33

$           (4)

$          (28)

EPS attributable to common shareholders - basic

$      1.02

EPS attributable to common shareholders - diluted

$      1.02

Weighted average shares - basic

272

Weighted average shares - diluted

273

FIDELITY NATIONAL FINANCIAL, INC.

SECOND QUARTER SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Three Months Ended

June 30, 2025

Net earnings (loss) attributable to common shareholders

$          278

$          277

$           33

$           (4)

$          (28)

Pre-tax earnings (loss)

$          382

$          367

$           57

$          (14)

$          (28)

Non-GAAP Adjustments

  Recognized (gains) and losses, net

32

(43)

79

(4)

—

  Market related liability adjustments

(16)

—

(16)

—

—

  Purchase price amortization

33

13

18

2

—

  Transaction costs

12

—

8

4

—

Adjusted pre-tax earnings (loss)

$          443

$          337

$          146

$          (12)

$          (28)

Total non-GAAP, pre-tax adjustments

$           61

$          (30)

$           89

$             2

$           —

  Income taxes on non-GAAP adjustments

(12)

8

(19)

(1)

—

  Non-controlling interest on non-GAAP adjustments

(14)

—

(14)

—

—

  Deferred tax asset valuation allowance

5

5

—

—

—

Total non-GAAP adjustments

$           40

$          (17)

$           56

$             1

$           —

Adjusted net earnings (loss) attributable to common shareholders

$          318

$          260

$           89

$           (3)

$          (28)

Adjusted EPS attributable to common shareholders - diluted

$         1.16

FIDELITY NATIONAL FINANCIAL, INC. 

YTD SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Six Months Ended

June 30, 2026

Direct title premiums

$     1,350

$     1,350

$      —

$         —

$           —

Agency title premiums

1,755

1,755

—

—

—

Escrow, title related and other fees

2,284

1,282

909

93

—

Total title and escrow

5,389

4,387

909

93

—

Interest and investment income

1,633

177

1,441

71

(56)

Recognized gains and losses, net

255

(32)

258

29

—

Total revenue

7,277

4,532

2,608

193

(56)

Personnel costs

1,792

1,567

137

88

—

Agent commissions

1,357

1,357

—

—

—

Other operating expenses

858

734

74

50

—

Benefits & other policy reserve changes

1,633

—

1,633

—

—

Market risk benefit (gains) losses

105

—

105

—

—

Depreciation and amortization

434

72

348

14

—

Provision for title claim losses

140

140

—

—

—

Interest expense

122

—

82

40

—

Total expenses

6,441

3,870

2,379

192

—

Pre-tax earnings (loss) from continuing operations

$       836

$       662

$    229

$          1

$          (56)

  Income tax expense (benefit)

238

161

55

22

—

  Earnings (loss) from equity investments

(1)

(1)

—

—

—

  Non-controlling interests

66

12

54

—

—

Net earnings (loss) attributable to common shareholders

$       531

$       488

$    120

$        (21)

$          (56)

EPS attributable to common shareholders - basic

$      1.98

EPS attributable to common shareholders - diluted

$      1.98

Weighted average shares - basic

268

Weighted average shares - diluted

268

FIDELITY NATIONAL FINANCIAL, INC.

YTD SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Six Months Ended

June 30, 2026

Net earnings (loss) attributable to common shareholders

$          531

$          488

$      120

$          (21)

$          (56)

Pre-tax earnings (loss)

$          836

$          662

$      229

$             1

$          (56)

Non-GAAP Adjustments

  Recognized (gains) and losses, net

30

32

27

(29)

—

  Market related liability adjustments

(47)

—

(47)

—

—

  Purchase price amortization

55

22

30

3

—

  Transaction and other costs

19

—

19

—

—

Adjusted pre-tax earnings (loss)

$          893

$          716

$      258

$          (25)

$          (56)

Total non-GAAP, pre-tax adjustments

$           57

$           54

$        29

$          (26)

$           —

  Income taxes on non-GAAP adjustments

—

(13)

7

6

—

  Deferred tax asset valuation allowance

7

7

—

—

—

  Non-controlling interest on non-GAAP adjustments

(11)

—

(11)

—

—

  Tax expense related to change in FG tax basis

$           35

$           —

$        —

$           35

$           —

Total non-GAAP adjustments

$           88

$           48

$        25

$           15

$           —

Adjusted net earnings (loss) attributable to common shareholders

$          619

$          536

$      145

$           (6)

$          (56)

Adjusted EPS attributable to common shareholders - diluted

$         2.31

FIDELITY NATIONAL FINANCIAL, INC.

YTD SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

F&G

Six Months Ended

Consolidated

Title

Corporate and
Other

Elimination

June 30, 2025

Direct title premiums

$     1,142

$     1,142

$           —

$           —

$           —

Agency title premiums

1,520

1,520

—

—

—

Escrow, title related and other fees 

2,354

1,138

1,136

80

—

Total title and escrow

5,016

3,800

1,136

80

—

Interest and investment income

1,537

169

1,348

76

(56)

Recognized gains and losses, net

(189)

18

(212)

5

—

Total revenue

6,364

3,987

2,272

161

(56)

Personnel costs

1,637

1,421

144

72

—

Agent commissions

1,182

1,182

—

—

—

Other operating expenses

793

655

83

55

—

Benefits & other policy reserve changes

1,517

—

1,517

—

—

Market risk benefit (gains) losses

105

—

105

—

—

Depreciation and amortization

396

71

311

14

—

Provision for title claim losses

120

120

—

—

—

Interest expense

121

—

81

40

—

Total expenses

5,871

3,449

2,241

181

—

Pre-tax earnings (loss)

$       493

$       538

$           31

$          (20)

$          (56)

  Income tax expense (benefit)

127

135

10

(18)

—

  Earnings from equity investments

10

10

—

—

—

  Non-controlling interests

15

9

6

—

—

Net earnings (loss) attributable to common shareholders

$       361

$       404

$           15

$           (2)

$          (56)

EPS attributable to common shareholders - basic

$      1.33

EPS attributable to common shareholders - diluted

$      1.32

Weighted average shares - basic

272

Weighted average shares - diluted

273

FIDELITY NATIONAL FINANCIAL, INC.

YTD SEGMENT INFORMATION

(In millions, except per share data)

(Unaudited)

Consolidated

Title

F&G

Corporate and
Other

Elimination

Six Months Ended

June 30, 2025

Net earnings (loss) attributable to common shareholders

$          361

$          404

$        15

$           (2)

$          (56)

Pre-tax earnings (loss)

$          493

$          538

$        31

$          (20)

$          (56)

Non-GAAP Adjustments

  Recognized (gains) and losses, net

85

(18)

108

(5)

—

  Market related liability adjustments

87

—

87

—

—

  Purchase price amortization

65

28

33

4

—

  Transaction costs

13

—

9

4

—

Adjusted pre-tax earnings (loss)

$          743

$          548

$      268

$          (17)

$          (56)

Total non-GAAP, pre-tax adjustments

$          250

$           10

$       237

$             3

$           —

  Income taxes on non-GAAP adjustments

(52)

(2)

(49)

(1)

—

  Deferred tax asset valuation allowance

6

6

—

—

—

  Non-controlling interest on non-GAAP adjustments

(34)

—

(34)

—

—

Total non-GAAP adjustments

$          170

$           14

$      154

$             2

$           —

Adjusted net earnings (loss) attributable to common shareholders

$          531

$          418

$      169

$           —

$          (56)

Adjusted EPS attributable to common shareholders - diluted

$         1.95

FIDELITY NATIONAL FINANCIAL, INC.

SUMMARY BALANCE SHEET INFORMATION

(In millions)

June 30,
2026

December 31,
2025

(Unaudited)

(Unaudited)

Cash and investment portfolio

$     77,523

$     75,831

Goodwill

5,216

5,272

Title plant

425

424

Total assets

114,528

109,014

Notes payable

4,378

4,400

Reserve for title claim losses

1,715

1,700

Secured trust deposits

1,016

731

Accumulated other comprehensive (loss) earnings

(1,807)

(1,678)

Non-controlling interests

1,356

1,548

Total equity and non-controlling interests

8,809

8,972

Total equity attributable to common shareholders

7,453

7,424

Non-GAAP Measures and Other Information

Title Segment

The table below reconciles pre-tax title earnings to adjusted pre-tax title earnings.

Three Months Ended

Six Months Ended

(Dollars in millions)

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Pre-tax earnings

$        451

$        367

$           662

$           538

Non-GAAP adjustments before taxes

  Recognized (gains) and losses, net

(14)

(43)

32

(18)

  Purchase price amortization

11

13

22

28

Total non-GAAP adjustments

(3)

(30)

54

10

Adjusted pre-tax earnings

$        448

$        337

$           716

$           548

Adjusted pre-tax margin

17.8 %

15.5 %

15.7 %

13.8 %

FIDELITY NATIONAL FINANCIAL, INC.

QUARTERLY OPERATING STATISTICS

(Unaudited)

Q2 2026

Q1 2026

Q4 2025

Q3 2025

Q2 2025

Q1 2025

Q4 2024

Q3 2024

Quarterly Opened Orders ('000's except % data)

Total opened orders*

391

389

332

370

366

343

299

352

Total opened orders per day*

6.2

6.4

5.3

5.8

5.8

5.6

4.7

5.5

Purchase % of opened orders

73 %

67 %

65 %

70 %

76 %

75 %

72 %

73 %

Refinance % of opened orders

27 %

33 %

35 %

30 %

24 %

25 %

28 %

27 %

Total closed orders*

273

234

259

250

246

201

232

232

Total closed orders per day*

4.3

3.8

4.1

3.9

3.9

3.3

3.7

3.6

Purchase % of closed orders

72 %

63 %

65 %

74 %

75 %

75 %

72 %

77 %

Refinance % of closed orders

28 %

37 %

35 %

26 %

25 %

25 %

28 %

23 %

Commercial (millions, except orders in '000's)

Total commercial revenue

$    440

$    338

$    479

$    389

$    333

$    293

$    376

$    290

Total commercial opened orders

57.9

55.2

51.4

54.8

54.1

52.6

47.5

50.8

Total commercial closed orders

32.9

28.0

32.9

30.8

29.6

26.0

28.9

25.9

National commercial revenue

$    258

$    182

$    277

$    209

$    178

$    149

$    208

$    151

National commercial opened orders

24.4

23.7

22.5

24.3

23.7

22.7

20.7

21.9

National commercial closed orders

13.5

11.7

14.2

13.1

12.0

10.2

11.8

10.4

Total Fee Per File

Fee per file

$  4,107

$  3,655

$  4,099

$  3,994

$  3,894

$  3,761

$  3,909

$  3,708

Residential fee per file

$  2,976

$  2,639

$  2,722

$  2,908

$  3,001

$  2,776

$  2,772

$  2,881

Total commercial fee per file

$ 13,400

$ 12,100

$ 14,600

$ 12,600

$ 11,300

$ 11,300

$ 13,000

$ 11,200

National commercial fee per file

$ 19,200

$ 15,500

$ 19,500

$ 16,000

$ 14,900

$ 14,600

$ 17,600

$ 14,500

Total Staffing

Total field operations employees

11,000

10,700

10,600

10,600

10,500

10,200

10,300

10,400

Actual title claims paid ($ millions)

$     67

$     57

$     80

$     58

$     66

$     65

$     75

$     64

Title Segment (continued)

FIDELITY NATIONAL FINANCIAL, INC.

MONTHLY TITLE ORDER STATISTICS

Direct Orders Opened *

Direct Orders Closed *

Month

 / (% Purchase)

 / (% Purchase)

April 2026

136,000

72 %

92,000

68 %

May 2026

124,000

74 %

87,000

73 %

June 2026

131,000

74 %

94,000

74 %

Second Quarter 2026

391,000

73 %

273,000

72 %

Direct Orders Opened *

Direct Orders Closed *

Month

 / (% Purchase)

 / (% Purchase)

April 2025

127,000

74 %

83,000

74 %

May 2025

121,000

76 %

82,000

76 %

June 2025

118,000

76 %

81,000

77 %

Second Quarter 2025

366,000

76 %

246,000

75 %

* Includes an immaterial number of non-purchase and non-refinance orders

F&G Segment

The table below reconciles net earnings (loss) attributable to common shareholders to adjusted net earnings attributable to common shareholders.  The F&G Segment is reported net of noncontrolling minority interest.

Three Months Ended

Six Months Ended

(Dollars in millions)

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Net (loss) earnings attributable to common shareholders

$          (55)

$            33

$          120

$            15

Non-GAAP adjustments(1):

Recognized (gains) losses, net

190

79

27

108

Market related liability adjustments

(10)

(16)

(47)

87

Purchase price amortization

15

18

30

33

Transaction and other costs

14

8

19

9

Income taxes on non-GAAP adjustments

(41)

(19)

7

(49)

Non-controlling interest on non-GAAP adjustments

(48)

(14)

(11)

(34)

Adjusted net earnings (loss) attributable to common shareholders(1)

$            65

$            89

$          145

$          169

Adjusted net earnings were $65 million for the second quarter of 2026. Investment income from alternative investments was $35 million, or $0.13 per share, below management's current long-term expected return of approximately 12% Adjusted net earnings were $89 million for the second quarter of 2025. Investment income from alternative investments was $55 million, or $0.21 per share, below management's long-term expected return Adjusted net earnings of $145 million for the first six months ended June 30, 2026 included $4 million, or $0.01 per share, from investment and other income true-up adjustments. Investment income from alternative investments was $66 million, or $0.25 per share, below management's current long-term expected return Adjusted net earnings of $169 million for the first six months ended June 30, 2025 included $13 million, or $0.05 per share, of income from a reinsurance true-up adjustment. Investment income from alternative investments was $92 million, or $0.34 per share, below management's long-term expected return Footnotes:

1.

Non-GAAP financial measure. See the Non-GAAP Measures section below for additional information.

F&G Segment (continued)

The table below provides a summary of sales highlights.

Three months ended

Six months ended

(In millions)

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Indexed annuities ("FIA/RILA")

$         1,744

$         1,701

$         3,323

$         3,162

Indexed universal life ("IUL")

42

53

86

96

Pension risk transfer ("PRT")

232

445

549

756

Subtotal: Core sales

2,018

2,199

3,958

4,014

Fixed rate annuities ("MYGA")

101

1,907

284

2,469

Funding agreements ("FABN/FHLB")

600

—

1,650

525

Subtotal: Opportunistic sales(2)

701

1,907

1,934

2,994

Gross sales(1)

2,719

4,106

5,892

7,008

Sales attributable to flow reinsurance to third parties(3)

(1,255)

(1,362)

(2,183)

(2,083)

Net sales(1)

1,464

2,744

3,709

4,925

Footnotes:

1.

Non-GAAP financial measure. See the Non-GAAP Measures section below for additional information.

2.

Opportunistic sales volumes fluctuate quarter to quarter depending on economics and market opportunity

3.

Sales attributable to flow reinsurance to third parties includes the reinsurance sidecar

DEFINITIONS  

The following represents the definitions of non-GAAP measures used by the Company.

Adjusted Net Earnings attributable to common shareholders

Adjusted net earnings attributable to common shareholders (ANE) is a non-GAAP economic measure used to evaluate financial performance each period.

ANE eliminates the impact of specific items that are not indicative of the underlying economics of our business, including certain market volatility, asymmetrical and noneconomic accounting, nonrecurring items and other income and expense adjustments. These items are volatile in our reported GAAP earnings and are not indicative of the underlying profitability drivers reflected in the design and pricing of our products and/or our investment and hedging strategy, as such items fluctuate from period to period in a manner inconsistent with these drivers.        

ANE provides information to enhance an investor's understanding of our results and underlying profitability drivers by removing the impact of short-term market volatility (i.e. recognized gains and losses, market risk benefits remeasurement gains and losses, derivative gains and losses), asymmetrical and non-economic accounting (i.e. derivatives and investment hedges that do not qualify for hedge accounting, deferred pension risk transfer deferred profit liability losses), and other adjustments.

ANE is calculated by adjusting net earnings or loss attributable to common shareholders to eliminate:

i.

Recognized (gains) and losses, net: the impact of net investment gains/losses, including changes in allowance for expected credit losses and other than temporary impairment ("OTTI") losses, recognized in operations; and the effects of changes in fair value of the reinsurance related embedded derivative and other derivatives, including interest rate swaps and forwards;

ii.

Market related liability adjustments: the impacts related to changes in the fair value, including both realized and unrealized gains and losses, of index product related derivatives and embedded derivatives, net of hedging cost; the impact of initial pension risk transfer deferred profit liability losses, including amortization from previously deferred pension risk transfer deferred profit liability losses; and the changes in the fair value of market risk benefits by deferring current period changes and amortizing that amount over the life of the market risk benefit;

iii.

Purchase price amortization: the impacts related to the amortization of certain intangibles (internally developed software, trademarks and value of distribution asset and the change in fair value of liabilities recognized as a result of acquisition activities);

iv.

Transaction costs: the impacts related to acquisition, integration and merger related items;

v.

Certain income tax adjustments: the impacts related to unusual tax items that do not reflect our core operating performance such as the establishment or reversal of significant deferred tax asset valuation allowances;

vi.

Other and "non-recurring," "infrequent" or "unusual items": Other adjustments include removing any charges associated with U.S. guaranty fund assessments as these charges neither relate to the ordinary course of the Company's business nor reflect the Company's underlying business performance, but result from external situations not controlled by the Company. Further, Management excludes certain items determined to be "non-recurring," "infrequent" or "unusual" from adjusted net earnings when incurred if it is determined these items are not a reflection of the core business and when the nature of the item is such that it is not reasonably likely to recur within two years and/or there was not a similar item in the preceding two years;

vii.

Non-controlling interest on non-GAAP adjustments: the portion of the non-GAAP adjustments attributable to the equity interest of entities that FNF does not wholly own; and

viii.

Income taxes: the income tax impact related to the above-mentioned adjustments is measured using an effective tax rate, as appropriate by tax jurisdiction

Recognized gains and losses are excluded from ANE as part of both adjustments (i) and (ii). As part of those two adjustments to ANE, all material recognized gains and losses are removed except for periodic settlements of interest rate swaps used to economically hedge floating rate investments.

While these adjustments are an integral part of the overall performance of FNF, market conditions and/or the non-operating nature of these items can overshadow the underlying performance of the core business. Accordingly, management considers this to be a useful measure internally and to investors and analysts in analyzing the trends of our operations. Adjusted net earnings should not be used as a substitute for net earnings (loss). However, we believe the adjustments made to net earnings (loss) in order to derive adjusted net earnings provide an understanding of our overall results of operations.

Assets Under Management (AUM)

AUM is comprised of the following components and is reported net of reinsurance assets ceded in accordance with GAAP:

i.

total invested assets at amortized cost, excluding investments in unconsolidated affiliates, owned distribution and derivatives;

ii.

investments in unconsolidated affiliates at carrying value;

iii.

related party loans and investments;

iv.

accrued investment income;

v.

the net payable/receivable for the purchase/sale of investments; and

vi.

cash and cash equivalents excluding derivative collateral at the end of the period.

Management considers this non-GAAP financial measure to be useful internally and to investors and analysts when assessing the size of our investment portfolio that is retained.

AUM before Flow Reinsurance

AUM before Flow Reinsurance is comprised of components consistent with AUM, but also includes flow reinsured assets.

Management considers this non-GAAP financial measure to be useful internally and to investors and analysts when assessing the size of our investment portfolio including reinsured assets.

Average Assets Under Management (AAUM)

AAUM is calculated as AUM at the beginning of the period and the end of each month in the period, divided by the total number of months in the period plus one.

Management considers this non-GAAP financial measure to be useful internally and to investors and analysts when assessing the rate of return on retained assets.

Sales 

Annuity, IUL, funding agreement and non-life contingent PRT sales are not derived from any specific GAAP income statement accounts or line items and should not be viewed as a substitute for any financial measure determined in accordance with GAAP. Sales from these products are recorded as deposit liabilities (i.e., contractholder funds) within the Company's consolidated financial statements in accordance with GAAP. Life contingent PRT sales are recorded as premiums in revenues within the consolidated financial statements. Management believes that presentation of sales, as measured for management purposes, enhances the understanding of our business and helps depict longer term trends that may not be apparent in the results of operations due to the timing of sales and revenue recognition.

SOURCE Fidelity National Financial, Inc.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release second quarter 2026 earnings after the close of regular market trading on Wednesday, August 5, 2026.

A webcast and conference call to discuss the results will follow at 9:00 a.m. Eastern Time on Thursday, August 6, 2026. Additional information about the quarterly financial results, including the earnings release, will be available on F&G's Investor Relations website at investors.fglife.com.

Webcast, Conference Call and Replay Information

The event can be accessed in the following ways:

Live Webcast: Register and access the webcast on F&G's Investor Relations website at investors.fglife.com Conference Call: Dial 1-877-407-3982 (U.S.) or 1-201-493-6780 (International) Replay: A webcast replay will be available on F&G's Investor Relations website after the live event About F&G
F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa.   For more information, please visit www.fglife.com.

Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
[email protected]
515.330.3307

SOURCE F&G Annuities & Life, Inc.

~ Chris Blunt to Retire as Chief Executive Officer of F&G; Continues as Director of F&G and Chief Executive Officer of Peak Altitude ~ ~ Conor Murphy Appointed Chief Executive Officer and President ~~ Michael Bailey Named Chief Financial Officer Effective August 3 ~~ Mark Wiltse Will Serve as Interim Chief Financial Officer Until August 3 ~ DES MOINES, Iowa, June 16, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that Chris Blunt will retire from his current role as Chief Executive Officer of F&G to focus on his roles as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity, LLC (Peak Altitude). Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President.

DES MOINES, Iowa, March 16, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that its Board of Directors has approved a new three-year stock repurchase program, effective March 16, 2026, under which the Company may repurchase up to $100 million of F&G common stock.  Purchases may be made from time to time by the Company in the open market at prevailing market prices or in privately negotiated transactions through March 31, 2029.

JPMorgan Chase & Co. boosted its position in shares of F&G Annuities & Life, Inc. (NYSE:FG – Free Report) by 63.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,847 shares of the company’s stock after acquiring an additional 25,644 shares during the period. JPMorgan Chase & Co.’s holdings in F&G Annuities & Life were worth $2,059,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Denali Advisors LLC lifted its position in F&G Annuities & Life by 28.7% during the third quarter. Denali Advisors LLC now owns 223,161 shares of the company’s stock valued at $6,978,000 after acquiring an additional 49,728 shares during the last quarter. Wedge Capital Management L L P NC purchased a new stake in F&G Annuities & Life during the third quarter valued at approximately $1,434,000. Parkwood LLC lifted its position in F&G Annuities & Life by 32.0% during the second quarter. Parkwood LLC now owns 205,944 shares of the company’s stock valued at $6,586,000 after acquiring an additional 49,883 shares during the last quarter. New York State Common Retirement Fund lifted its position in F&G Annuities & Life by 457.7% during the second quarter. New York State Common Retirement Fund now owns 55,320 shares of the company’s stock valued at $1,769,000 after acquiring an additional 45,400 shares during the last quarter. Finally, Versor Investments LP purchased a new stake in F&G Annuities & Life during the third quarter valued at approximately $772,000. Hedge funds and other institutional investors own 95.86% of the company’s stock.

Analysts Set New Price Targets A number of research firms have issued reports on FG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of F&G Annuities & Life in a report on Friday, March 27th. Wall Street Zen raised shares of F&G Annuities & Life from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Barclays set a $31.00 price target on shares of F&G Annuities & Life in a report on Thursday, January 8th. Finally, Zacks Research cut shares of F&G Annuities & Life from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, F&G Annuities & Life presently has a consensus rating of “Reduce” and a consensus price target of $32.00.

Get Our Latest Research Report on FG

Insiders Place Their Bets In other F&G Annuities & Life news, CEO Christopher O. Blunt acquired 10,000 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average price of $20.99 per share, for a total transaction of $209,900.00. Following the completion of the purchase, the chief executive officer directly owned 1,107,128 shares of the company’s stock, valued at $23,238,616.72. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Celina J. Wang Doka acquired 4,760 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was acquired at an average price of $20.98 per share, for a total transaction of $99,864.80. Following the purchase, the director directly owned 32,071 shares of the company’s stock, valued at approximately $672,849.58. This trade represents a 17.43% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.10% of the stock is owned by corporate insiders.

F&G Annuities & Life Trading Up 1.1% NYSE FG opened at $26.34 on Tuesday. The company has a fifty day simple moving average of $25.36 and a two-hundred day simple moving average of $28.89. The stock has a market cap of $3.57 billion, a P/E ratio of 14.39 and a beta of 1.28. F&G Annuities & Life, Inc. has a 12-month low of $20.57 and a 12-month high of $37.01. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.45.

F&G Annuities & Life (NYSE:FG – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.43). The business had revenue of $739.00 million during the quarter, compared to analyst estimates of $1.55 billion. F&G Annuities & Life had a return on equity of 10.48% and a net margin of 4.62%. On average, analysts forecast that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current year.

F&G Annuities & Life Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a $0.25 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.8%. F&G Annuities & Life’s dividend payout ratio is presently 54.64%.

F&G Annuities & Life announced that its board has authorized a share buyback program on Monday, March 16th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

About F&G Annuities & Life (Free Report)

F&G Annuities & Life is the principal life insurance and annuity subsidiary of F&G Financial Group, Inc (NYSE: FG), a publicly traded financial services holding company headquartered in Des Moines, Iowa. The company focuses on designing and issuing retirement income solutions that address longevity risk, capital preservation, and wealth transfer for individual and institutional clients.

Its product suite includes fixed indexed annuities, which offer the potential for market-linked growth with downside protection; fixed-rate annuities, delivering guaranteed interest over a defined term; and a range of life insurance policies such as term, universal, and variable universal life.

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JACKSONVILLE, Fla., April 22, 2026 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) (FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE:FG) (F&G), will release first quarter 2026 earnings after the close of regular market trading on Wednesday, May 6, 2026.

DES MOINES, Iowa, May 6, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the first quarter ended March 31, 2026. Net earnings attributable to common shareholders for the first quarter of $244 million, or $1.78 per diluted share (per share), compared with a net loss attributable to common shareholders of $25 million, or $0.20 per share, for the first quarter of 2025.

DES MOINES, Iowa, May 7, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.25 per common share. The dividend will be payable on June 30, 2026, to stockholders of record as of June 16, 2026.

F&G Annuities & Life NYSE: FG reported a “solid start” to the year, with management highlighting record assets under management, higher sales and continued movement toward a more fee-based, capital-light business model during the company's first-quarter earnings call.

F&G Annuities & Life remains deeply undervalued, trading well below book value despite manageable private credit and alternative investment risks. FG's investment portfolio is conservatively structured, with 97% investment-grade fixed income and limited software sector exposure, supporting downside protection. Strategic alternatives for the Peak unit and a shift toward fee-based earnings could unlock additional value and diversify revenue streams.