Brighthouse Financial reported a net income available to shareholders of $957 million for Q2 2022, or $12.77 per diluted share. Adjusted earnings, less notable items, were $247 million, or $3.29 per diluted share. Annuity sales increased 8% year-over-year, while life sales decreased 27%. The company repurchased $317 million of its common stock year-to-date through August 3, 2022.
Estimated combined risk-based capital ratio between 470% and 490%; holding company liquid assets of $1.2 billion
The company repurchased $317 million of its common stock year-to-date through August 3, 2022
Annuity sales increased 8% over the second quarter of 2021
Life sales decreased 27% over the second quarter of 2021
Brighthouse Financial did not provide specific forward guidance in this earnings report. The report focused on the results of the second quarter of 2022 and recent strategic accomplishments.
Visualization of income flow from segment revenue to net income