Brighthouse Financial Q2 2021 Earnings Report
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
Brighthouse Financial
Brighthouse Financial
Brighthouse Financial 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