Brighthouse Financial Q3 2023 Earnings Report
Key Takeaways
Brighthouse Financial announced its Q3 2023 financial results, reporting a net income available to shareholders of $453 million, or $6.89 per diluted share. Adjusted earnings, less notable items, were $275 million, or $4.18 per diluted share. The company's estimated combined risk-based capital ratio is between 400% and 420%, with holding company liquid assets of $0.9 billion. Brighthouse Financial repurchased approximately $216 million of its common stock year-to-date through November 3, 2023.
Estimated combined risk-based capital ratio between 400% and 420%; holding company liquid assets of $0.9 billion.
Repurchased approximately $216 million of its common stock year-to-date through November 3, 2023.
Third quarter year-to-date total annuity sales decreased 5% compared with the same period in 2022.
Third quarter year-to-date total life sales increased 26% compared with the same period in 2022.
Brighthouse Financial
Brighthouse Financial
Brighthouse Financial Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income