Equitable Holdings reported a net income of $254 million for Q4 2021, a significant increase compared to the net loss of $1.2 billion in Q4 2020. However, Non-GAAP operating earnings decreased to $649 million from $748 million in the same period last year. The company's AUM increased by 12% year-over-year, reaching $908 billion.
Net income attributable to Holdings was $254 million, compared to a net loss of $1.2 billion in the fourth quarter of 2020.
Non-GAAP operating earnings were $649 million, down from $748 million in the fourth quarter of 2020.
AUM increased by 12% year-over-year to $908 billion.
The company returned $1.9 billion to shareholders in 2021, including $540 million in the fourth quarter.
Equitable Holdings did not provide specific forward guidance in this earnings report.
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