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Mar 31, 2023
Brighthouse Financial Q1 2023 Earnings Report
Brighthouse Financial reported a net loss but showed growth in annuity and life sales for Q1 2023.
Key Takeaways
Brighthouse Financial reported a net loss available to shareholders of $525 million, or $7.72 per diluted share, for the first quarter of 2023. However, annuity sales increased by 35% and life sales increased by 15% compared to the first quarter of 2022. The company's adjusted earnings were $195 million, or $2.86 per diluted share.
Estimated combined risk-based capital ratio between 460% and 480%.
Holding company liquid assets of $1.1 billion.
Annuity sales increased 35% over the first quarter of 2022.
Life sales increased 15% over the first quarter of 2022.
Brighthouse Financial
Brighthouse Financial
Brighthouse Financial Revenue by Segment
Revenue by Segment
Premiums Revenue
CapyFin.comUniversal Life & Investment-Type Product Policy Fees Revenue
CapyFin.comNet Investment Income Revenue
CapyFin.comOther Revenues Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income