Brighthouse Financial Q1 2021 Earnings Report
Key Takeaways
Brighthouse Financial reported a net loss available to shareholders of $610 million, or $6.96 per diluted share, for the first quarter of 2021. However, adjusted earnings, less notable items, were $428 million, or $4.86 per diluted share. The company's annuity and life sales increased, and it repurchased $123 million of its common stock year-to-date through May 7, 2021.
Estimated combined risk-based capital ("RBC") ratio between 500% and 520%; holding company liquid assets of $1.6 billion
The company repurchased $123 million of its common stock year-to-date through May 7, 2021
Annuity sales increased 8% over the first quarter of 2020
Life sales increased 44% over the first quarter of 2020
Brighthouse Financial
Brighthouse Financial
Forward Guidance
The company did not provide forward guidance in the Q1 2021 earnings report.