Corebridge Financial, Inc.
CRBDHIGH VELOCITYFILING INTENSITYCorebridge Financial, Inc. reads as High Velocity (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Financial Infrastructure.
Lens
Disclosed M&A capital (2023–2025)
$5M
vs $107M in 2020–2022
Disclosed transactions
N/A
1/3 active fiscal years in window
Buyer archetype
Selective Buyer
Acquisition use is visible but targeted.
Composite score
70
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $112M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 35d
- 74 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- Control-process language
- 1 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 1 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 1 activism filings
- Latest activism 1.5y ago
- Control-process filings
Distress Watch
Issuers showing financial-distress filing patterns
- 1 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 74 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $23B
- 10-Q 35d ago
- 2 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $107M · Peak count: 1
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | $5M | N/A | N/A |
| 2022 | N/A | $107M | N/A | N/A |
| 2021 | N/A | N/A | N/A | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Our variable annuity products offer guaranteed benefit features (collectively known as “GMxBs”), including GMDBs and living benefits which provide guaranteed lifetime income, such as GMWBs. We presently offer GMDBs, with 87% of our variable annuity GMDB account value as of December 31, 2024 either providing for a return of premium or locking-in a maximum anniversary value, and have limited exposure to legacy GMDB options, including rollups which represented 4% of variable annuity GMDB account value as of December 31, 2024. As of December 31, 2024, 76% of our variable annuity account value has a GMWB and we have a small portion of in-force contracts with guaranteed minimum income benefits (“GMIBs”), although as of 2006 we no longer offer this guaranteed benefit feature and the majority of this exposure has been reinsured. We seek to mitigate the market risk associated with certain guaranteed benefit features through a dynamic hedging program that is designed to reduce the equity market and interest rate risk associated with offering the benefits.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Financial Infrastructure
- Market spend (2023–2025)
- $186.1B
- Market spend (2020–2022)
- $98.1B
- Recent vs prior
- +90%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
CRBD trades at a +0.1-turn premium to the Financial Infrastructure peer median of 16.2×.
- EV / Revenue
- 3.7×
- Net debt / EBITDA
- N/A
- Peer median EV / EBITDA
- 16.2×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
| 22.0× | 14.5× | -0.4× | $43B | $1.8B | |
| 21.4× | 10.8× | 1.4× | $7.9B | $451M | |
Corebridge Financial, Inc.CRBD | 16.3× | 3.7× | N/A | $6.2B | $5M |
| 16.2× | 8.2× | 3.2× | $13.1B | $10.3B | |
| 10.9× | 3.9× | 5.4× | $8.8B | $5.1B | |
| 2.3× | 2.7× | -1.1× | $187B | $81.8B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Financial Infrastructure. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)52026-04-22
- 10-Q (quarterly)112026-05-06
- 8-K (event)742026-05-04
- Proxy / DEF 14A92025-05-27
- Activism (13D / DFAN / PREC)12024-12-13
Signals on file
- elevated
Activism on file
2024-12-131 activist filing on file (13D, DFAN14A, PREC14A series).
- info
Signal
Recent transaction activity
- info
Signal
Control-process filings
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.