Brighthouse Finl Inc Stock Price, News & Analysis

Brighthouse Financial (Nasdaq: BHF) has announced its upcoming first quarter 2025 earnings conference call schedule. The company will host a conference call and audio webcast on Friday, May 9, 2025, at 8:00 a.m. Eastern Time to discuss financial results for Q1 2025 ending March 31.

The earnings release and financial supplement will be issued after market close on Thursday, May 8, 2025. Investors can access the audio webcast and related presentation materials through the Brighthouse Financial Investor Relations webpage. For telephone participation, advance registration is required through a provided registration link.

A replay of the conference call will remain available until Friday, May 23, 2025 on the company's investor relations website.

Brighthouse Financial (BHF) reported fourth quarter 2024 net income of $646 million ($10.79 per diluted share), compared to a net loss of $942 million in Q4 2023. The company's adjusted earnings for Q4 2024 were $304 million ($5.07 per diluted share).

Key highlights include: annuity sales of $10.0 billion for full year 2024, driven by record Shield Level Annuities sales; record life sales of $120 million in 2024; and $250 million in share repurchases during 2024, reducing outstanding shares by approximately 8%. The company maintained strong capital positions with an estimated combined RBC ratio of approximately 400% and holding company liquid assets of $1.1 billion.

Corporate expenses decreased 7% compared to 2023, and the company completed a reinsurance transaction for legacy universal life and variable universal life products while transitioning to standalone hedging for Shield Level Annuities.

Brighthouse Financial (BHF) has announced it will host a conference call and audio webcast to discuss its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025, at 8:00 a.m. Eastern Time. The company will release its earnings report and financial supplement after market close on Tuesday, February 11, 2025.

Investors can access the audio webcast and related presentation materials through the company's Investor Relations webpage. Those wishing to participate via telephone must register in advance through the provided link. A replay of the conference call will be available until Friday, February 28, 2025, on the company's investor relations website.

Brighthouse Financial (Nasdaq: BHF) has successfully completed a reinsurance transaction for its legacy fixed and payout annuities block with an unnamed third party. The transaction, previously discussed during the company's Q3 2024 earnings call on November 8, has improved the company's capital efficiency. CEO Eric Steigerwalt highlighted that this strategic move has increased their estimated combined risk-based capital (RBC) ratio to between 400% and 420%, aligning with their target range of 400% to 450% under normal market conditions.

Brighthouse Financial (BHF) reported Q3 2024 net income of $150 million ($2.47 per share), down from $453 million in Q3 2023. Adjusted earnings were $767 million ($12.58 per share), including $524 million in favorable notable items. The company's estimated RBC ratio was between 365-385%, with holding company liquid assets of $1.3 billion. Year-to-date annuity sales remained flat compared to 2023, while life sales increased 19%. The company repurchased approximately $215 million of common stock year-to-date through November 1, 2024, and plans to complete a reinsurance transaction by year-end to improve capital efficiency.

Brighthouse Financial (Nasdaq: BHF) has announced plans to hold a conference call and audio webcast to discuss its third quarter 2024 financial results on Friday, November 8, 2024, at 8:00 a.m. Eastern Time. The call will follow the release of the company's Q3 2024 earnings report and financial supplement, which will be issued after market close on Thursday, November 7, 2024.

Interested parties can access the audio webcast and related presentation via the Brighthouse Financial Investor Relations webpage. To participate in the conference call by telephone, advance registration is required. A replay of the call will be available until Friday, November 29, 2024, on the company's investor relations website.

Brighthouse Financial (Nasdaq: BHF) reported mixed results for Q2 2024. Net income was $9 million ($0.12 per share), compared to a net loss of $200 million in Q2 2023. Adjusted earnings were $346 million ($5.57 per share), up from $271 million in Q2 2023. The company's estimated combined RBC ratio was between 380% and 400%, with holding company liquid assets of $1.2 billion.

Annuity sales were flat in H1 2024 compared to H1 2023, while life sales increased 19%. The company repurchased approximately $151 million of its common stock year-to-date through August 2, 2024. Corporate expenses decreased to $200 million in Q2 2024 from $221 million in Q2 2023.

Brighthouse Financial (Nasdaq: BHF) has enhanced its flagship life insurance product, Brighthouse SmartCare. The hybrid product now offers a 3% Compound option for long-term care (LTC) benefit growth, expanding client flexibility. Two new riders have been added at no extra charge: the Return of Premium Surrender Benefit Rider and the Return of Premium Death Benefit Rider. These ensure clients receive at least 75% of premiums paid upon surrender and 100% upon death, respectively, subject to reductions. The enhancements aim to strengthen Brighthouse SmartCare's role in comprehensive financial planning, offering both guaranteed death benefits and LTC protection.

Brighthouse Financial (Nasdaq: BHF) has scheduled a conference call and audio webcast to discuss its Q2 2024 financial results on Thursday, August 8, 2024, at 8:00 a.m. ET. The earnings release and financial supplement will be issued on Wednesday, August 7, 2024, after market close. Investors can access the webcast and presentation via the company's Investor Relations webpage. Participants interested in joining the call by telephone need to register in advance. A replay of the call will be available until August 23, 2024, on the same webpage.