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Sep 30, 2024
MetLife Q3 2024 Earnings Report
MetLife's Q3 2024 results were announced, demonstrating financial attractiveness despite lower variable investment income.
Key Takeaways
MetLife reported a net income of $1.3 billion and adjusted earnings of $1.4 billion for Q3 2024. The company's adjusted return on equity was 14.6%, and holding company cash and liquid assets stood at $4.5 billion.
Net income was $1.3 billion, or $1.81 per share, compared to $422 million, or $0.56 per share, in Q3 2023.
Adjusted earnings were $1.4 billion, or $1.95 per share, compared to $1.5 billion, or $1.97 per share, in Q3 2023.
Book value per share increased to $39.02, up 33% from September 30, 2023.
Holding company cash and liquid assets were $4.5 billion, exceeding the target buffer.
MetLife
MetLife
Forward Guidance
No specific forward guidance was provided in the release.