Brighthouse Financial Q3 2022 Earnings Report
Key Takeaways
Brighthouse Financial announced its Q3 2022 financial results, reporting a net loss available to shareholders of $702 million, or $9.82 per diluted share. The company's annuity sales increased 58% over the third quarter of 2021 and 50% sequentially. During the quarter, the company repurchased $136 million of its common stock, with an additional $52 million repurchased through November 3, 2022.
Estimated combined risk-based capital ("RBC") ratio between 450% and 470%; holding company liquid assets of $1.1 billion
The company repurchased $447 million of its common stock year-to-date through November 3, 2022
Annuity sales increased 58% over the third quarter of 2021 and 50% sequentially
Life sales decreased 30% over the third quarter of 2021 and were flat sequentially
Brighthouse Financial
Brighthouse Financial
Brighthouse Financial Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income