Welcome to our dedicated page for Brighthouse Financial news (Ticker: BHF), a resource for investors and traders seeking the latest updates and insights on Brighthouse Financial stock.
Brighthouse Financial, Inc. (symbol: BHF) is a prominent provider of annuities and life insurance in the United States. With a mission to help individuals achieve financial security, Brighthouse Financial designs products aimed at protecting and extending the value of their earnings. As one of the largest entities in its sector, the company stands out for its solid foundation of experience and knowledge, enabling it to fulfill its promises to customers and provide substantial value.
The company operates primarily through three segments: Annuities, Life, and Run-off. The Annuities segment, which is the primary revenue generator, encompasses variable, fixed, index-linked, and income annuities. The Life segment offers a variety of products including variable, term, universal, and whole life policies.
Brighthouse Financial boasts a customer base exceeding 2 million individuals, with over 2.4 million annuity contracts and life insurance policies currently active. Recognized as a Fortune® 500 company, it ranks among the top U.S. life/health insurers based on admitted assets, according to A.M. Best's 2019 report.
In recent years, the company has continued to strengthen its market position through strategic partnerships and innovative product offerings. As of September 30, 2019, Brighthouse Financial has demonstrated consistent growth and stability, underscoring its commitment to financial security for its clients.
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Brighthouse Financial (BHF) reported a net loss of $702 million, or $9.82 per diluted share, for Q3 2022, a decline from the previous year's net income of $361 million. Adjusted earnings were $97 million, significantly lower than $450 million in Q3 2021. Annuity sales surged 58% year-over-year, totaling $3.7 billion, while life insurance sales dropped 30%. The company repurchased $447 million of its common stock year-to-date. As of September 30, 2022, Brighthouse held $1.1 billion in liquid assets, with an estimated RBC ratio between 450% and 470%.
Brighthouse Financial plans to hold a conference call on November 8, 2022, at 8:00 a.m. Eastern Time to discuss its third quarter 2022 financial results. The earnings release will be issued on November 7, 2022, after market close. Investors can access the audio webcast and related presentation on the company's Investor Relations webpage. Additionally, a replay of the call will be available until November 25, 2022. Brighthouse Financial is one of the largest providers of annuities and life insurance in the U.S., committed to helping individuals achieve financial security.
Brighthouse Financial has launched the Shield Level Pay PlusSM annuities, expanding its Shield® Level Annuities suite. These annuities are designed to provide guaranteed lifetime income, appealing to retirees addressing longevity risks. The product allows clients to participate in market growth while protecting against volatility. Key features include two income rider options, a competitive annual charge of 1.50%, and flexibility for individual needs. This innovation aims to enhance retirement security, reflecting Brighthouse's commitment to financial solutions.
Brighthouse Financial (BHF) reported strong second-quarter 2022 results, with net income available to shareholders of $957 million ($12.77 per share), a significant increase from $10 million in Q2 2021. Adjusted earnings were $24 million ($0.33 per share), down from $435 million ($5.05 per share) a year ago, impacted by $223 million in notable items. Annuity sales rose 8% compared to Q1 2022, while life sales fell 27%. The company ended the quarter with a strong RBC ratio estimated between 470% and 490% and liquid assets of $1.2 billion.
Brighthouse Financial, Inc. (BHF) announced a conference call scheduled for 8:00 a.m. ET on August 5, 2022, to discuss its second-quarter financial results for the period ending June 30, 2022. The earnings release and financial supplement will be issued on August 4, 2022, after the market closes. The audio webcast and related presentation will be accessible through the Brighthouse Financial Investor Relations webpage. A replay of the call will be available until August 26, 2022.
Brighthouse Financial reported a strong financial performance for the first quarter of 2022, achieving a net income of $613 million or $7.91 per diluted share, compared to a net loss of $610 million in Q1 2021. Adjusted earnings, less notable items, were $315 million, down from $428 million a year ago. Notably, annuity and life sales declined by 3% and 13% respectively, attributed to macroeconomic challenges. The company’s holding assets totaled $1.4 billion, and its estimated risk-based capital ratio ranged between 450% and 470%.
Brighthouse Financial, Inc. (NASDAQ: BHF) announced a conference call and audio webcast to discuss its financial results for Q1 2022 on May 10, 2022, at 8:00 a.m. Eastern Time. The results will be released after market close on May 9, 2022. The conference call will be accessible online via the company's Investor Relations web page, with a replay available until May 27, 2022. As a key player in the U.S. life insurance and annuity market, Brighthouse aims to provide financial security and protect earned wealth.
Brighthouse Financial (BHF) reported its fourth quarter and full year 2021 results, achieving a net income of $42 million, or $0.51 per diluted share, compared to a net loss of $1,045 million in Q4 2020. The company reached its goal of returning $1.5 billion to shareholders, aided by $499 million in share repurchases. Annuity sales fell 20% quarter-over-quarter, while life sales surged 133%. Total adjusted earnings for 2021 were $1.8 billion, or $21.50 per diluted share. The estimated risk-based capital ratio is approximately 500%, with liquid assets of $1.6 billion.
Brighthouse Financial, Inc. (BHF) announced a conference call scheduled for February 11, 2022, at 8:00 a.m. Eastern Time to discuss its fourth quarter and full year financial results for 2021. The earnings release and financial supplement will be issued on February 10, 2022, after market close. Investors can access the audio webcast through the company's Investor Relations webpage. A replay of the call will be available until March 4, 2022. Brighthouse Financial is one of the largest providers of annuities and life insurance in the U.S.
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