Jackson Financial Inc. (JXN)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Net gains (losses) on derivative instruments-derivatives excluding funds withheld under reinsurance treaties | - | 1,409 | - | - |
Credit loss income (expense) on mortgage loans | - | -11 | - | - |
Other | - | -46 | - | - |
Realized gains on sale | - | 3 | - | - |
Realized losses on sale | - | -12 | - | - |
Net gains (losses) excluding derivatives and funds withheld assets | - | -66 | - | - |
Total investment income excluding funds withheld assets | - | 622 | - | - |
Investment expenses | - | -94 | - | - |
Corporate and reconciling items | - | 14 | - | - |
Total investment income excluding funds withheld assets | - | - | 393 [1] | 394 |
Investment expenses | - | - | 110 [1] | 120 |
Total revenues | -471 | 3,750 | 2,121 | 1,247 |
Market risk benefits (gains) losses, net | 2,203 | -2,246 | -1,172 | 516 |
(gain) loss from updating future policy benefits cash flow assumptions, net | -12 | -12 | - | 18 |
Interest expense | 25 | 25 | 25 | 26 |
Interest credited on other contract holder funds, net of deferrals and amortization | 295 | 288 | 275 | 273 |
Operating costs and other expenses, net of deferrals | 681 | 677 | 742 | 678 |
Amortization of deferred acquisition costs | 274 | 275 | 277 | 277 |
Death, other policy benefits and change in policy reserves, net of deferrals | 256 | 244 | 209 | 209 |
Total benefits and expenses | -660 | 3,767 | 2,700 | 929 |
Pretax income (loss) | 189 | -17 | -579 | 318 |
Income tax expense (benefit) | 4 | 1 | -113 | 36 |
Net income (loss) | 185 | -18 | -466 | 282 |
Less net income (loss) attributable to noncontrolling interests | 6 | 6 | 3 | 7 |
Net income (loss) attributable to jackson financial inc | 179 | -24 | -469 | 275 |
Less dividends on preferred stock | 11 | 11 | 11 | 11 |
Net income (loss) attributable to jackson financial inc. common shareholders, basic | 168 | -35 | -480 | 264 |
Basic (in usd per share) | 2.34 | -0.48 | -6.37 | 3.45 |
Diluted (in usd per share) | 2.34 | -0.48 | -6.37 | 3.43 |
Weighted average shares of common stock outstanding - basic (in shares) | 71,825,321 | 73,469,317 | 75,374,073 | 76,599,547 |
Weighted average shares of common stock outstanding - diluted (in shares) | 71,938,152 | 73,469,317 | 75,374,073 | 77,078,930 |