Brighthouse Financial reports developments tied to its U.S. annuity and life insurance business, including quarterly results, financial supplements, capital-structure disclosures, and product sales trends. The company distributes annuities and life insurance through independent channels and distribution partners, with reported segments that include Annuities, Life, Run-off, and Corporate & Other.
Recurring updates cover variable, fixed, index-linked, and income annuities; life insurance policies; managed run-off blocks; risk-based capital measures; hedge-related earnings volatility; and governance or shareholder-voting matters connected to material agreements.
Brighthouse Financial (Nasdaq: BHF) reported third-quarter 2026 net income available to shareholders of $302 million, down from a year earlier. Diluted earnings were $5.21 versus $7.89. Adjusted earnings excluding notable items fell to $213 million from $261 million; the annual actuarial review added $278 million to net income. Annuity sales were $2.4 billion, including $2.1 billion of Shield sales, and life sales were $36 million.
The estimated risk-based capital ratio was 415%–435%, within the company’s target range, with $1.0 billion in holding-company liquid assets. The pending Aquarian Capital acquisition offers $70.00 per share in cash, valuing the transaction at approximately $4.1 billion. Brighthouse expects outstanding insurance approvals to prevent closing by December 6, 2026. The parties are discussing another deadline extension; either may terminate if closing misses that date.
Brighthouse Financial (Nasdaq: BHF) declared quarterly dividends on four series of non-cumulative preferred stock, payable September 25, 2026 to holders of record on September 10, 2026 via related depositary shares BHFAP, BHFAO, BHFAN and BHFAM.
Holders will receive per depositary share: $0.4125 for Series A (6.600% preferred), $0.421875 for Series B (6.750%), $0.3359375 for Series C (5.375%) and $0.2890625 for Series D (4.625%). According to Brighthouse Financial, the company will pay the corresponding preferred stock dividends of $412.50, $421.875, $335.9375 and $289.0625 per preferred share, respectively, to the depositary, which will then distribute amounts to depositary share holders of record.
Brighthouse Financial (Nasdaq: BHF) reported strong second quarter 2026 results, with net income available to shareholders of $956 million, or $16.53 per diluted share, versus $60 million, or $1.02, a year earlier. Adjusted earnings were $258 million, or $4.45 per diluted share, up from $198 million, or $3.43.
Annuity sales were $2.4 billion, up 11% sequentially but down 7% year-over-year, driven by record Shield Level Annuities sales above $2.1 billion. Life sales reached $39 million, rising 18% year-over-year. The Annuities segment generated adjusted earnings of $349 million, while Life, Run-off, and Corporate & Other reported adjusted losses.
Book value per share was $84.35, and book value excluding AOCI was $156.10. Statutory combined total adjusted capital was $4.9 billion, with an estimated combined RBC ratio between 430% and 450% and holding company liquid assets of $0.9 billion. Brighthouse Financial also highlighted its pending all-cash merger under which an affiliate of Aquarian Capital will acquire the company for $70.00 per share, valuing the transaction at approximately $4.1 billion, subject to remaining insurance regulatory approvals.
Brighthouse Financial (Nasdaq:BHF) declared quarterly dividends on four series of non-cumulative preferred stock, payable June 25, 2026 to holders of record on June 10, 2026.
Distributions per depositary share are $0.4125 for Series A (BHFAP), $0.421875 for Series B (BHFAO), $0.3359375 for Series C (BHFAN) and $0.2890625 for Series D (BHFAM).
Brighthouse Financial (Nasdaq: BHF) reported first-quarter 2026 results: a net loss available to shareholders of $792 million ($13.82 per diluted share) and adjusted earnings of $239 million ($4.15 per diluted share). Book value was $3.9 billion; book value excluding AOCI was $8.02 billion. Estimated combined RBC was between 430% and 450%. Annuity sales were $2.2 billion and life sales were $32 million. A pending acquisition by Aquarian Capital at $70.00 per share remains subject to regulatory approvals and expected to close in 2026.
Brighthouse Financial (Nasdaq: BHF) reported fourth-quarter 2025 net income available to shareholders of $112 million ($1.93 per diluted share) and full-year 2025 net income of $331 million ($5.71 per diluted share).
Full-year adjusted earnings, less notable items, were $931 million ($16.07 per diluted share). Annuity sales were $10.3 billion for 2025 and life sales were a record $143 million. Combined RBC ratio was 456% and holding company liquid assets were $0.9 billion. A pending all-cash merger at $70.00 per share was approved by stockholders and expects 2026 close.
Brighthouse Financial (Nasdaq: BHF) announced that its common stockholders approved a definitive merger agreement to be acquired by an affiliate of Aquarian Capital for approximately $4.1 billion.
Under the deal, stockholders will receive $70.00 per share in cash upon closing; the transaction is expected to close in 2026 and remains subject to customary closing conditions and regulatory approvals.
Brighthouse Financial (Nasdaq: BHF) said it will release its fourth-quarter and full-year 2025 earnings and a financial supplement during the week of February 23, 2026. The company also announced it will not hold a conference call for those results and does not plan to hold quarterly calls going forward. Investors are directed to the company's investor relations website for more information.
Brighthouse Financial (Nasdaq: BHF) reported third-quarter 2025 results and announced an all-cash merger agreement with an affiliate of Aquarian Capital to be acquired for $70.00 per share, valuing the deal at approximately $4.1 billion. The company reported net income available to shareholders of $453 million ($7.89 per diluted share) and adjusted earnings of $970 million ($16.87 per diluted share). Annuity sales were $2.7 billion, led by record Shield Level Annuity sales, and life sales were $38 million. Estimated combined RBC ratio was 435%–455% and holding company liquid assets were $1.0 billion. The company canceled its earnings conference call due to the announced transaction.
Brighthouse Financial (Nasdaq: BHF) said it will not host the conference call and webcast scheduled for Nov 7, 2025 at 8:00 AM ET to discuss third quarter 2025 results after announcing a definitive merger agreement under which Aquarian Capital will acquire the company for $70.00 per share in cash.
The company still expects to issue its Q3 2025 earnings release and financial supplement today after market and provided preliminary metrics:
- Statutory combined total adjusted capital: $5.4 billion
- Estimated combined risk-based capital ratio: 435%–455%
- Holding company liquid assets: $1.0 billion