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Mar 31, 2024
Brighthouse Financial Q1 2024 Earnings Report
Brighthouse Financial reported a net loss but annuity and life sales increased.
Key Takeaways
Brighthouse Financial reported a net loss available to shareholders of $519 million, or $8.22 per diluted share, but adjusted earnings, less notable items, were $268 million, or $4.25 per diluted share. Total annuity and life sales increased compared to the same period in 2023. The company repurchased approximately $89 million of its common stock year-to-date through May 3, 2024.
Estimated combined risk-based capital ratio between 415% and 435%; holding company liquid assets of $1.3 billion.
The company repurchased approximately $89 million of its common stock year-to-date through May 3, 2024.
First quarter total annuity sales increased 3% compared with the same period in 2023.
First quarter total life sales increased 26% compared with the same period in 2023.
Revenue by Segment
Forward Guidance
No specific forward guidance provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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