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Sep 30, 2024
Brighthouse Financial Q3 2024 Earnings Report
Brighthouse Financial reported net income of $150 million and adjusted earnings of $767 million for Q3 2024.
Key Takeaways
Brighthouse Financial announced its Q3 2024 results, reporting a net income available to shareholders of $150 million, or $2.47 per diluted share. Adjusted earnings were $767 million, or $12.58 per diluted share. The company's estimated combined RBC ratio was between 365% and 385%, with holding company liquid assets of $1.3 billion. Brighthouse Financial repurchased approximately $64 million of its common stock during the quarter.
Net income available to shareholders was $150 million, or $2.47 per diluted share.
Adjusted earnings were $767 million, or $12.58 per diluted share.
Estimated combined RBC ratio was between 365% and 385%.
Holding company liquid assets totaled $1.3 billion.
Revenue by Segment
Forward Guidance
Brighthouse Financial is in the final stages of completing a reinsurance transaction with a third party before the end of the year. This transaction would bring our pro forma estimated combined RBC ratio at September 30, 2024, to the low end of our target range of 400% to 450% in normal market conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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