MetLife Stock Price, News & Analysis

MetLife, Inc. (NYSE: MET) reported robust financial results for the full year and fourth quarter of 2021. Full-year net income reached $6.4 billion, a 22% increase from 2020. Adjusted earnings rose to $8.0 billion, up 41%, with adjusted earnings per share of $9.15, a 49% increase. However, book value per share decreased 2% to $77.12. In Q4, net income was $1.2 billion, compared to $124 million a year prior. While total revenues increased to $20.1 billion, adjusted premiums fell by 4%. The company’s strong performance was driven by strategic decisions and operational execution.

MetLife has completed two longevity reinsurance transactions with Phoenix Group, finalized in Q4 2021. The agreements involve MetLife's subsidiary, Metropolitan Tower Life Insurance Company, providing reinsurance for approximately $2.4 billion of U.K. pension liabilities. This move strengthens MetLife's position in the U.K. longevity reinsurance market, which remains robust despite pandemic uncertainties. MetLife aims to enhance financial security for pensioners, reflecting its commitment to sustainable growth.

MetLife, Inc. (NYSE: MET) announced that Michel Khalaf, president and CEO, along with John McCallion, executive vice president and CFO, will participate in a fireside chat at the Bank of America 2022 Virtual Insurance Conference on February 16, 2022, at 8:45 a.m. ET.

A live webcast of the event will be available on the provided link, with a replay accessible until February 23, 2022. MetLife, a leading financial services company founded in 1868, operates globally, offering insurance, annuities, and more.

Metropolitan Tower Life Insurance Company, a MetLife subsidiary, has completed its first longevity reinsurance transaction involving a U.K. pension scheme, covering approximately $3.5 billion in liabilities. This milestone, facilitated by Aon and utilizing Zurich as an intermediary, is pivotal for MetLife's growth in the U.K. longevity reinsurance market. The deal reflects MetLife's commitment to innovation and collaboration with key partners to support pension de-risking during uncertain times. Analysts view this as a significant addition to the reinsurance capacity in the market.

Ides Capital Management has expressed frustration over Safety Insurance Group’s stock performance, ESG shortcomings, and capital allocation issues. Through a recent letter, Ides criticized the company’s lack of constructive engagement and transparency, highlighting its January 12 announcement as insufficient. Ides has nominated two independent director candidates, Olga Kondrashova and Farooq Sheikh, to advocate for shareholders. They recommend actions such as initiating share repurchases and improving governance practices to enhance shareholder value.

MetLife, Inc. (NYSE: MET) has been recognized as one of America’s 100 Most JUST Companies by JUST Capital. This ranking highlights the company's commitment to sustainability, accountability, and worker well-being, which are crucial elements of its business strategy. MetLife's Chief Sustainability Officer, Jon Richter, emphasized their dedication to safeguarding health, promoting equality, and investing in communities. The company has previously received accolades from Newsweek, the Dow Jones Sustainability Index, and Fortune, underscoring its reputation for responsible business practices.

MetLife, Inc. (NYSE: MET) has declared a first quarter 2022 common stock dividend of $0.48 per share. This dividend is scheduled for payment on March 14, 2022, to shareholders of record by February 8, 2022. As a leading financial services company, MetLife provides a wide range of products, including insurance and asset management, and operates in over 40 markets globally.

This dividend reflects MetLife's commitment to returning value to its shareholders.

MetLife, Inc. (NYSE: MET) will hold its fourth quarter and full year 2021 earnings and outlook conference call on February 3, 2022, from 9-10 a.m. ET. The call follows the release of its financial results and outlook materials on February 2, 2022. Participants can access the call via telephone or online through the MetLife Investor Relations page. A replay will be available starting at 11 a.m. ET on February 3, 2022, until February 11, 2022. MetLife offers a range of financial services, operating in over 40 markets worldwide.