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Brighthouse Financial
🇺🇸 NASDAQ:BHF
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•
Mar 31, 2022

Brighthouse Financial Q1 2022 Earnings Report

Brighthouse Financial reported solid results in Q1 2022, despite macroeconomic headwinds. The company maintained balance sheet strength, managed expenses prudently, and repurchased common stock.

Key Takeaways

Brighthouse Financial announced its financial results for the first quarter ended March 31, 2022. The company reported a net income available to shareholders of $613 million, or $7.91 per diluted share. Adjusted earnings, less notable items, were $315 million, or $4.07 per diluted share.

Estimated combined risk-based capital ratio between 450% and 470%; holding company liquid assets of $1.4 billion

The company repurchased $180 million of its common stock year-to-date through May 5, 2022

Annuity sales decreased 3% over the first quarter of 2021

Life sales decreased 13% over the first quarter of 2021

Total Revenue
$2.3B
Previous year: $2.43B
-5.5%
EPS
$4.07
Previous year: $4.86
-16.3%
Book Value per Share
$147
Previous year: $157
-6.8%
Book Value w/o AOCI per Share
$142
Previous year: $118
+20.0%
Holding Company Liquid Assets
$1.4B
Previous year: $1.6B
-12.5%
Gross Profit
$2.74B
Previous year: $600M
+356.7%
Cash and Equivalents
$4.1B
Previous year: $4.03B
+1.9%
Total Assets
$245B
Previous year: $242B
+1.3%

Brighthouse Financial

Brighthouse Financial

Brighthouse Financial Revenue by Segment

Forward Guidance

The document does not contain specific forward guidance. Therefore, a response cannot be provided.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Brighthouse Financial