Loading...
•
Jun 30, 2021
Brighthouse Financial Q2 2021 Earnings Report
Brighthouse Financial reported strong results, maintained balance sheet strength, grew sales, managed expenses, and repurchased common stock.
Key Takeaways
Brighthouse Financial announced its financial results for the second quarter ended June 30, 2021. The company reported a net income available to shareholders of $10 million, or $0.11 per diluted share. Adjusted earnings, less notable items, were $458 million, or $5.32 per diluted share. The company also announced a new repurchase authorization of up to an additional $1 billion of common stock.
Announced a new repurchase authorization of up to an additional $1 billion of common stock
The company repurchased $246 million of its common stock year-to-date through August 4, 2021
Estimated combined risk-based capital ("RBC") ratio between 480% and 500%; holding company liquid assets of $1.6 billion
Annuity sales increased 25% over the second quarter of 2020 and Life sales increased 117% over the second quarter of 2020
Revenue by Segment
Forward Guidance
Brighthouse Financial announced a new repurchase authorization of up to $1 billion of its common stock.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...