MetLife Stock Price, News & Analysis

MetLife (NYSE: MET) has announced the transformation of MetLife Xcelerator into a dedicated business unit in Latin America, marking a significant milestone in the company's New Frontier strategy. The platform, launched in November 2023, focuses on embedded insurance solutions and has already achieved remarkable success with over 4.5 million active customers and $200 million in premiums, fees, and other income.

Operating under a B4B2C model, Xcelerator integrates insurance solutions with strategic partners including digital banks, e-wallets, e-commerce platforms, and retailers. The unit is currently operational in Mexico, Brazil, and Chile, led by Javier Cabello and supported by a multidisciplinary team of experts.

The initiative aims to democratize insurance access through digital technology and strategic partnerships, creating fully customizable solutions that reduce time-to-market while addressing partner and consumer demands across the region.

MetLife's 23rd annual Employee Benefit Trends Study reveals concerning trends in workplace health and productivity, with notable decreases in holistic health (-5%), productivity (-5%), and engagement (-7%). The study highlights that 77% of employees cite rising medical costs and 68% mention economic uncertainty as primary stress sources.

In response to social and economic challenges, 81% of employees look to their employers for trust-building, being 1.5x more likely to trust their employer than other institutions. The study finds that employees who both trust and feel cared for by their employer are significantly more likely to feel holistically healthy (3.8x), engaged (2.4x), and productive (1.9x).

The research demonstrates that employers can build trust through supportive culture and positive benefits experiences. Notably, employees with positive benefits experiences are 2.4x more likely to feel holistically healthy and 2.1x more likely to trust their employer during economic downturns. MetLife's digital solution, Upwise, has shown promising results, with 64% adoption during enrollment and 84% completion rate for benefits recommendations in 2024.

MetLife (NYSE: MET) has confirmed its previously announced first quarter 2025 dividend for its Series A preferred stock. The dividend amount is set at $0.35516415 per share for the floating rate non-cumulative preferred stock (NYSE: MET PRA), which has a liquidation preference of $25 per share.

The dividend will be payable on March 17, 2025, to shareholders of record as of February 28, 2025 (adjusted from March 2, 2025, which falls on a Sunday). The New York Stock Exchange has yet to set an ex-dividend date for the Series A preferred stock.

MetLife (NYSE: MET) has announced the election of Christian Mumenthaler to its board of directors, effective May 1, 2025. Mumenthaler brings significant industry experience, having served as Group CEO of Swiss Re for eight years until June 2024, along with over 25 years of experience in various senior leadership roles at the global reinsurer.

His previous positions include Group Chief Risk Officer, Head of Life & Health, and Chief Executive Officer of Reinsurance. Mumenthaler, who holds a doctorate in physics from ETH Zurich, has also served in prominent industry roles including co-chair of the World Economic Forum Alliance of CEO Climate Leaders and board member of the Geneva Association.

The appointment aligns with MetLife's New Frontier strategy, with both Chairman R. Glenn Hubbard and CEO Michel Khalaf highlighting Mumenthaler's strategic vision and industry expertise as valuable additions to the board.

MetLife (NYSE: MET) has announced that John McCallion, executive vice president and CFO, and head of MetLife Investment Management, will participate in a fireside chat at the Raymond James 46th Annual Institutional Investors Conference. The event is scheduled for Wednesday, March 5, 2025, at 9:15 a.m. (ET).

A live webcast will be available at wsw.com/webcast/rj131/met/1467270, with attendees advised to join 15 minutes early to install necessary software. A replay will be accessible until Wednesday, March 12, 2025, at 11:59 p.m. (ET) at the same website, beginning one hour after the presentation ends.

MetLife, founded in 1868, is a leading global financial services company operating in more than 40 markets worldwide, offering insurance, annuities, employee benefits, and asset management services to help customers build a more confident future.

MetLife (NYSE: MET) has released a financial update video presented by John McCallion, executive vice president and CFO, and head of MetLife Investment Management, covering the fourth quarter and full year 2024 results. The video is available on MetLife's website.

MetLife is a global financial services company established in 1868, offering insurance, annuities, employee benefits, and asset management services. The company operates in over 40 markets worldwide, maintaining strong market positions in the United States, Asia, Latin America, Europe, and the Middle East.

MetLife (NYSE: MET) reported strong financial results for Q4 and full year 2024. Full-year net income reached $4.2 billion ($5.94 per share), up 228% from 2023. Adjusted earnings were $5.8 billion ($8.15 per share), increasing 12% year-over-year.

Q4 2024 highlights include net income of $1.2 billion ($1.78 per share), compared to $574 million in Q4 2023. Adjusted earnings reached $1.5 billion ($2.09 per share), up 7%. Premiums, fees, and other revenues grew 6% to $14.5 billion, while net investment income increased 1% to $5.4 billion.

The company's adjusted book value per share rose 2% to $54.81, while ROE reached 16.9%. MetLife maintained strong liquidity with holding company cash and liquid assets of $5.1 billion, exceeding their target buffer of $3.0-$4.0 billion.

MetLife (NYSE: MET) has announced a groundbreaking expansion of its New Hampshire Paid Family Medical Leave (NH PFML) program by becoming the first carrier to integrate mental health and wellbeing services through a collaboration with TELUS Health. The enhanced program now includes Cognitive Behavioral Therapy (CBT) for employees enrolled in NH PFML.

The new TELUS Health CBT solution provides participants with clinical assessments, dedicated therapist consultations, structured modules, and guided support for various mental health conditions including anxiety, depression, trauma, grief, OCD, and insomnia. This initiative aims to address barriers to mental health services such as cost, stigma, and availability.

The NH PFML program, launched in December 2022, allows flexible cost arrangements where employers can either pay for benefits, have employees pay, or split costs. The program is available exclusively to employer-sponsored NH PFML plans.

MetLife (NYSE: MET) has announced that CEO Michel Khalaf and CFO John McCallion will participate in a fireside chat at the Bank of America Securities 2025 Financial Services Conference on Wednesday, February 12, 2025, at 8:00 a.m. (ET).

A live webcast will be available online, with attendees advised to join 15 minutes early to set up necessary software. A replay will be accessible until February 19, 2025, at 11:59 p.m. (ET), starting one hour after the presentation ends.

MetLife, founded in 1868, is a leading global financial services company operating in over 40 markets worldwide. The company specializes in insurance, annuities, employee benefits, and asset management services, maintaining strong market positions in the United States, Asia, Latin America, Europe, and the Middle East.