Suncorp Group (OTCMKTS:SNMYF) vs. Corebridge Financial (NYSE:CRBG) Head-To-Head Analysis

Corebridge Financial (NYSE:CRBG) and Suncorp Group (OTCMKTS:SNMYF) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, valuation and earnings.

Profitability

This table compares Corebridge Financial and Suncorp Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corebridge Financial	4.37%	17.37%	0.52%
Suncorp Group	N/A	N/A	N/A

Earnings & Valuation

This table compares Corebridge Financial and Suncorp Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corebridge Financial	$19.22 billion	0.80	-$366.00 million	$1.71	20.16
Suncorp Group	N/A	N/A	N/A	$0.57	22.82

Suncorp Group has lower revenue, but higher earnings than Corebridge Financial. Corebridge Financial is trading at a lower price-to-earnings ratio than Suncorp Group, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current recommendations for Corebridge Financial and Suncorp Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corebridge Financial	0	6	9	0	2.60
Suncorp Group	0	0	0	0	0.00

Corebridge Financial presently has a consensus price target of $37.17, indicating a potential upside of 7.81%. Given Corebridge Financial’s stronger consensus rating and higher possible upside, analysts clearly believe Corebridge Financial is more favorable than Suncorp Group.

Insider and Institutional Ownership

98.3% of Corebridge Financial shares are owned by institutional investors. Comparatively, 30.6% of Suncorp Group shares are owned by institutional investors. 0.3% of Corebridge Financial shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Dividends

Corebridge Financial pays an annual dividend of $1.00 per share and has a dividend yield of 2.9%. Suncorp Group pays an annual dividend of $0.65 per share and has a dividend yield of 5.0%. Corebridge Financial pays out 58.5% of its earnings in the form of a dividend. Suncorp Group pays out 113.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Corebridge Financial has raised its dividend for 1 consecutive years.

Summary

Corebridge Financial beats Suncorp Group on 12 of the 14 factors compared between the two stocks.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.

About Suncorp Group

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products. The Suncorp Bank segment offers banking services, such as commercial, agribusiness, small business, and home loans; savings and transaction accounts; foreign exchange services; and treasury products and services. The Suncorp New Zealand segment provides general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. The company was founded in 1902 and is headquartered in Brisbane, Australia.