Brighthouse Financial achieved a strong rebound in Q4 2024, reporting net income of $646 million compared to a $942 million loss in Q4 2023. Revenue declined year-over-year, but adjusted earnings per share increased significantly. The company continued executing capital-efficient strategies, including share repurchases and expense management.
Net income turned positive, reaching $646 million from a $942 million loss last year.
Adjusted EPS rose to $5.88, up from $2.92 in Q4 2023.
Total revenue before adjustments was $2.27 billion.
Strong life insurance sales contributed to improved financial performance.
Brighthouse Financial plans to continue its focus on capital efficiency, annuity growth, and expense management while monitoring economic and market conditions.
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