Company Performance - MetLife's stock gained 28% over the last year, outperforming the S&P 500 index, which returned 23% [1] - Prudential Financial, a peer company, saw a 19% stock increase over the same period [1] - Q3 adjusted operating revenues declined 3.4% year-over-year to $17.6 billion [1] - Premiums, fees, and other revenues decreased by approximately 5%, while investment-related income rose 8% [1] - Adjusted earnings were $1.93 per share, impacted by a 7.3% year-over-year increase in expenses due to higher interest credited to policyholder account balances [1] - The group benefits business underperformed, particularly in non-medical health underwriting and actuarial assumption review [1] Market Trends and Outlook - The U.S. Federal Reserve's slower path toward monetary easing could benefit MetLife, as life insurers are more sensitive to interest rates due to their long-term bond-heavy investment strategies [2] - Potential regulatory and tax changes under the Trump administration may improve profitability for insurers like MetLife [2] - MetLife has been growing its dividend yield and maintains a strong share buyback program, which could drive long-term gains [2] - At $82 per share, MetLife's stock is trading 5% below Trefis' estimated valuation of $86 per share [2] Comparative Analysis - The Trefis High Quality Portfolio, consisting of 30 stocks, has provided better returns with less risk compared to the S&P 500 index over the last four years [2]

MetLife, Inc. (MET) recently announced that MetLife Investment Management (“MIM”) has entered into a definitive agreement to acquire PineBridge Investments, a global asset manager with approximately $100 billion in assets under management. This deal includes $800 million in cash at closing, $200 million contingent upon meeting 2025 financial metrics, and $200 million tied to a multi-year earnout. PineBridge’s private equity funds group and its joint venture in China are excluded from this acquisition. This ...

Key TakeawaysMetLife announced a new strategy called "New Frontier" to boost long-term growth.The five-year plan is aimed at profit growth, expense reductions, and increased free cash flow.CEO Michel Khalaf said "New Frontier" was designed to build on the insurer's previous five-year "Next Horizon" plan that simplified and differentiated the company. MetLife (MET) shares rose 5% Thursday when the insurance provider announced a new strategic plan to "accelerate growth across global platform while delivering ...

MetLife, Inc. (MET) and General Atlantic recently announced Chariot Reinsurance, Ltd., a Bermuda-based life and annuity reinsurer set to launch in 2025. The formation of Chariot Re, supported by more than $1 billion in equity investment, is poised to provide MetLife significant benefits as it will have a future reinsurance partnership with MetLife.This move bodes well for MET, as it will transfer approximately $10 billion in liabilities to Chariot Re, allowing it to optimize its balance sheet by freeing up ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION _____________________________________ Washington, D.C. 20549 (Mark One) Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-15787 MetLife, Inc. (Exact name of registrant as specified in its charter) Delaware 1 ...

MetLife, Inc. (MET) reported third-quarter 2024 adjusted operating earnings of $1.93 per share, which missed the Zacks Consensus Estimate by 10.7%. The bottom line declined 1% year over year.Adjusted operating revenues of $17.6 billion decreased 3.4% year over year. The top line missed the consensus mark by 4.7%.The weak quarterly results were impacted by an elevated expense level and segment-specific challenges like declining earnings in the RIS and Group Benefits segments due to lower recurring interest m ...

For the quarter ended September 2024, MetLife (MET) reported revenue of $17.61 billion, down 3.4% over the same period last year. EPS came in at $1.93, compared to $1.97 in the year-ago quarter.The reported revenue represents a surprise of -4.66% over the Zacks Consensus Estimate of $18.47 billion. With the consensus EPS estimate being $2.16, the EPS surprise was -10.65%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

MetLife (MET) came out with quarterly earnings of $1.93 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $1.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.65%. A quarter ago, it was expected that this insurer would post earnings of $2.13 per share when it actually produced earnings of $2.28, delivering a surprise of 7.04%.Over the last four quarters, the company has surpa ...

Table of Contents Exhibit 99.2 Third Quarter Financial Supplement September 30, 2024 3 Table of Contents 1 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------| | | | | METLIFE TABLE OF CONTENTS | | | GAAP CONSOLIDATED STATEMENTS OF OPERATIONS | 2 | | CORPORATE OVERVIEW | 3 | | KEY ADJUSTED EARNINGS STATEMENT LINE ITEMS | 5 | | EXPENSE DETAI ...