MetLife Stock Price, News & Analysis

MetLife Investment Management (MIM) has been recognized as a '2022 Best Place to Work in Money Management' by Pensions & Investments, marking its second consecutive year on the list. This recognition highlights MIM's commitment to a collaborative and inclusive workplace culture. The evaluation included employee surveys and assessments of company policies supporting employee engagement. MIM emphasizes mental, physical, and financial well-being programs, alongside investments in diversity and inclusion, including a $1 billion commitment to support firms owned by women and minorities.

MetLife, in collaboration with the New York Giants and New York Jets, has initiated online auctions aimed at supporting educational programs for students. These auctions are part of the Inside the Huddle initiative and will benefit Year Up New York | New Jersey and the NYPD Foundation. Notable players like Julian Love and Graham Gano are ambassadors, offering unique experiences and memorabilia. MetLife will contribute $60,000 overall to these initiatives, aiming to enhance career opportunities for youths in the community.

MetLife (NYSE: MET) announced that CEO Michel Khalaf and CFO John McCallion will participate in a fireside chat at the Goldman Sachs 2022 US Financial Services Conference. The event will take place on Wednesday, December 7, 2022, starting at approximately 8:40 a.m. ET. Interested participants can access a live webcast at the provided link. A replay will be available approximately 12 hours after the event, until December 14, 2022, at 11:59 p.m. ET.

MetLife highlights the urgency of increasing women's representation in STEM fields at its 4th annual Triangle Tech X Conference, themed 'Inspiring the Next Innovation Wave'. The firm’s research indicates that current socio-economic challenges demand more female involvement in STEM to drive solutions. Despite some progress, metlife noted a 14% decline in women in STEM leadership roles over the past year. The conference, featuring notable speakers like Serena Williams, aims to address these barriers and promote gender equality in STEM careers.

MetLife, alongside the New York Giants and New York Jets, has launched online auctions to fund programs aimed at assisting students in their career preparation. This initiative, dubbed 'Inside the Huddle', will support Year Up New York and the New York City Police Foundation’s youth programs. Auctions include unique experiences with players and authentic merchandise, with a total of $60,000 donated by MetLife. The auctions are open through November 29, 2022, with proceeds directly benefiting the participating organizations.

MetLife, Inc. (NYSE: MET) has released a third quarter 2022 financial update video presented by Executive Vice President and Chief Financial Officer John McCallion. The video is available on the company’s official website, demonstrating MetLife's commitment to transparent communication with stakeholders. As one of the world's leading financial services companies, MetLife operates in over 40 markets and offers a diverse range of products, including insurance and asset management. For further details, stakeholders can view the full release on Business Wire.

MetLife reported a third quarter 2022 net income of $331 million, or $0.41 per share, a significant decline from $1.5 billion or $1.77 per share in 2021. Adjusted earnings fell by 53% to $966 million, with a notable drop in net investment income of 36%. Book value per share plummeted 65% to $27.00. Despite this, MetLife's premiums and fees soared 68% to $19.6 billion. The company continues to emphasize its Next Horizon strategy amidst challenging economic conditions.