MetLife Stock Price, News & Analysis

MetLife reported strong Q1 2025 results with net income rising 10% to $879 million. The company's earnings per share reached $1.28, while adjusted earnings per share increased 7% to $1.96.

Key highlights include:

• Premiums, fees and other revenues grew 14% to $13.6 billion
• Variable investment income rose 26% to $327 million
• Book value increased 2% to $35.16 per share
• Returned $1.8 billion to shareholders through dividends and buybacks
• Authorized new $3.0 billion share repurchase program

Notable segment performance showed Group Benefits adjusted earnings up 29% to $367 million, while Asia sales outside Japan increased 41% on constant currency. The company also entered an agreement to reinsure $10 billion of U.S. retail variable annuity reserves with Talcott Financial Group, aiming to reduce retail variable annuity tail risk.

MetLife has announced a new $3 billion share repurchase authorization, building upon the $360 million remaining from its previous May 2024 authorization. This announcement comes alongside a recently declared 4.1% increase in common stock dividend.

President and CEO Michel Khalaf emphasized that these actions demonstrate MetLife's financial strength and all-weather performance, highlighting the company's commitment to delivering attractive shareholder returns as part of their New Frontier strategy.

Founded in 1868, MetLife operates in over 40 global markets, maintaining leading positions in the United States, Asia, Latin America, Europe, and the Middle East. The company provides insurance, annuities, employee benefits, and asset management services to help customers build a more confident future.

MetLife has announced a major $10 billion variable annuity risk transfer agreement with Talcott Resolution Life Insurance. The transaction will reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves, with an expected combined value of $250 million in ceding commission and capital release.

Key impacts include:

• 40% reduction in retail variable annuity tail risk
• $100 million in expected foregone annual adjusted earnings
• $45 million in annual hedge cost savings
• $6 billion in assets to be managed by MetLife Investment Management

The deal, expected to close in second half 2025, aligns with MetLife's strategy to reduce enterprise risk and accelerate the run-off of legacy business. MetLife will maintain responsibility for customer-related functions, with the reinsurance transaction structured on both modified coinsurance and funds withheld basis.

MetLife (NYSE: MET) has announced a 4.1% increase in its second quarter 2025 common stock dividend to $0.5675 per share, up from $0.545 in the first quarter. The dividend will be payable on June 10, 2025, to shareholders of record as of May 6, 2025.

The company has maintained a strong dividend growth trajectory, achieving a 9.0% compound annual growth rate since 2011. CEO Michel Khalaf emphasized that MetLife's financial strength enables this dividend increase, providing steady income to investors during economic uncertainty.

MetLife, founded in 1868, operates in over 40 global markets, offering insurance, annuities, employee benefits, and asset management services to help individual and institutional customers build financial security.

MetLife (NYSE: MET) has announced a strategic partnership with SKYGEN to revolutionize dental provider experience and credentialing processes. The collaboration will integrate SKYGEN's Dental Hub into MetLife's dental provider network, creating a unified platform for providers to interact with all payer partners.

The Dental Hub streamlines the credentialing process by allowing providers to share information with multiple payer partners in one place, eliminating the need for multiple recredentialing packets every three years. This transformation aligns recredentialing dates across payers, significantly reducing administrative burden for providers.

As a leading carrier with one of the largest dental networks, MetLife's integration of the Dental Hub demonstrates its commitment to value-based dentistry and improving healthcare delivery efficiency. SKYGEN currently serves nearly 50 million members across all 50 states and processes 3 million claims monthly.

MetLife (NYSE: MET) has announced its upcoming first quarter 2025 earnings conference call and audio webcast, scheduled for Thursday, May 1, 2025, from 9-10 a.m. (ET). The company will release its Q1 2025 earnings report and Financial Supplement on Wednesday, April 30, 2025, after market close.

The conference call will be accessible live via the internet, with replay options available both via telephone and online from May 1, 2025, at 11:00 a.m. (ET) until May 8, 2025, at 11:59 p.m. (ET). Telephone replay access numbers are 800-770-2030 (U.S.) and 647-362-9199 (international), with Conference ID 34666.

MetLife (NYSE: MET) has been named to Fortune's 2025 List of 100 Best Companies to Work For®, marking its third consecutive year on this prestigious list. The recognition is based on Great Place To Work's Trust Index™ Survey, which gathered confidential feedback from over 1.3 million U.S. employees.

Survey results revealed strong employee satisfaction, with 90% of U.S. employees expressing pride in working for MetLife, and 86% considering it a great workplace. MetLife President and CEO Michel Khalaf emphasized the company's success in fostering an inclusive culture that energizes employees to deliver value for customers, communities, and shareholders.

The company also achieved recognition on Fortune's 2024 World's Best Workplaces™ list, being one of only 25 companies to receive this honor. Chief HR Officer Shurawl Sibblies highlighted the company's purpose of building confident futures for all stakeholders through its strong culture and engaged workforce.

MetLife's 2025 Enduring Retirement Model Study reveals strong commitment from plan sponsors to workforce retirement benefits, with 82% unable to envision discontinuing these offerings. The study highlights that 58% of sponsors believe economic conditions and market volatility, along with demographic shifts toward an aging workforce (57%), will shape the market's evolution.

Key findings show that companies maintain retirement benefits primarily to:

• Gain competitive advantage in talent retention (69%)
• Show commitment to employee welfare (57%)
• Enable workforce retirement readiness (52%)

The study identifies significant challenges, with 90% of sponsors reporting workers delaying retirement due to financial constraints. Additionally, 93% acknowledge retirees need guaranteed lifetime income, while 92% recognize increased reliance on DC plans following DB pension decline. Notably, 80% consider guaranteed lifetime income solutions important for DC plans, with 35% currently offering conversion options for guaranteed retirement income.

MetLife (NYSE: MET) has been recognized as a 2025 CIO 100 Award Winner for its innovative My Leave Navigator solution. This digital tool, part of MetLife's MyBenefits experience, helps employees manage time away from work during planned or unexpected life events.

My Leave Navigator provides a customized experience that guides employees through preparing for, taking, and returning from leave. The solution simplifies the complex leave management process by helping users understand available options and required claims, while ensuring compliance with mandated policies.

According to Bill Pappas, MetLife's Head of Global Technology and Operations, this award validates their commitment to customer-focused innovation. Ramy Tadros, Regional Vice President, U.S. Business, emphasized how the tool benefits both employees and employers by streamlining leave management and reducing HR intervention requirements.