Financial Performance - Total revenues for Q4 2025 reached $18.666 billion, an increase from $17.361 billion in Q3 2025[4] - Net income attributable to MetLife, Inc. for Q4 2025 was $1.239 billion, compared to $818 million in Q3 2025, reflecting a 51.5% increase[4] - Premiums for Q4 2025 were $12.617 billion, up from $10.555 billion in Q3 2025, representing a 19.5% growth[4] - Net investment income for Q4 2025 was $5.405 billion, an increase from $6.089 billion in Q3 2025[4] - Policyholder benefits and claims for Q4 2025 totaled $12.572 billion, compared to $10.369 billion in Q3 2025, indicating a 21.2% rise[4] - Total expenses for Q4 2025 were $17.285 billion, up from $16.151 billion in Q3 2025[4] - The company reported a net income of $4.426 billion for the full year 2025, compared to $3.379 billion in 2024, marking a 31.0% increase[4] - Adjusted earnings available to common shareholders for Q4 2025 were $1.239 billion, compared to $879 million in Q3 2025[4] Investment Performance - Net investment income for the year ended December 31, 2025, was $22,559 million, compared to $21,273 million in 2024, reflecting an increase of about 6.0%[11] - The company reported net investment gains (losses) of $(1,145) million for the year ended December 31, 2025, compared to $(1,184) million in 2024, showing an improvement in investment performance[11] - Variable investment income included in net investment income for the year ended December 31, 2025, was $1,502 million, up from $1,013 million in 2024, indicating a significant increase of approximately 48.4%[11] - The company reported a net investment loss of $311 million in Q4 2024, compared to a loss of $387 million in Q1 2025[5] - Net investment income including divested businesses for the year ended December 31, 2025 is $21,433 million[57] Assets and Liabilities - Total assets increased from $677,457 million in December 2024 to $745,166 million in December 2025, representing a growth of 10%[19] - Total liabilities increased from $649,754 million in December 2024 to $716,245 million in December 2025, marking an increase of 10%[19] - Policyholder account balances grew from $221,445 million in December 2024 to $236,857 million in December 2025, an increase of 7%[19] - Future policy benefits at the end of December 2025 are projected to be $84,988 million, up from $71,510 million at the end of December 2024, representing a growth of approximately 18.8%[27] Earnings and Shareholder Equity - Adjusted earnings available to common shareholders for the year ended December 31, 2025, were $1,692 million, compared to $1,606 million in 2024, reflecting an increase of 5.4%[22] - Total MetLife, Inc.'s stockholders' equity as of December 31, 2024, was $27,445 million, increasing to $28,398 million by December 31, 2025[76] - Common stockholders' equity rose from $23,627 million on December 31, 2024, to $25,568 million by December 31, 2025[76] - Book value per common share increased from $34.28 on December 31, 2024, to $39.02 by December 31, 2025[76] Segment Performance - Group Benefits segment adjusted earnings increased from $526 million in December 2024 to $589 million in March 2025, a rise of 12%[20] - Asia segment adjusted earnings showed a significant increase from $489 million in June 2025 to $752 million in September 2025, a growth of 54%[20] - Adjusted earnings available to common shareholders in EMEA for December 31, 2024, were $59 million, projected to increase to $97 million by December 31, 2025, representing a growth of 64.4%[44] Expenses - Total adjusted expenses for the year ended December 31, 2025, were $24,739 million, compared to $24,091 million in 2024, reflecting an increase of 2.7%[22] - Adjusted other expenses for the three months ended December 31, 2025, totaled $1,100 million, an increase from $1,041 million in December 2024, reflecting a rise of 5.7%[23] - Employee-related costs for the year ended December 31, 2025, were $3,834 million, an increase from $3,696 million in 2024[18] Future Projections - The company anticipates continued growth in adjusted earnings, with a target of $1,709 million for Q4 2025[5] - The company plans to continue focusing on market expansion and new product development to drive future growth[46] - The company anticipates adjusted premiums, fees, and other revenues to reach $18,614 million for the full year 2025, indicating growth potential[79] Notable Items - Total notable items for the year ended December 31, 2025, included a positive impact of $26 million, while notable items for the year ended December 31, 2024, had a negative impact of $43 million[71] - Total notable items reflect unexpected impacts on MetLife's results, which can affect the company's performance positively or negatively[77]

MetLife reported a rise in fourth-quarter adjusted profit on Wednesday, as the insurer was helped by a stronger return on its investment portfolio. ...

Core Insights - MetLife, Inc. (MET) is scheduled to report its fourth-quarter 2025 results on February 4, with earnings estimated at $2.36 per share and revenues at $25.6 billion, indicating year-over-year growth of 13.5% and 29.6% respectively [1][5] Financial Performance - The Zacks Consensus Estimate for MetLife's total revenues for the current year is $80 billion, reflecting a 9.4% increase year-over-year, while the EPS estimate stands at $8.71, suggesting a 7.4% rise [2] - In the last four quarters, MetLife missed earnings estimates three times and exceeded them once [2] Earnings Prediction - The current model does not predict a definitive earnings beat for MetLife, as it holds an Earnings ESP of +0.47% and a Zacks Rank of 4 (Sell) [3] Revenue Growth Drivers - The anticipated revenue growth in Q4 is attributed to rising premiums, adjusted group benefits revenues, and adjusted retirement and income solutions revenues, particularly benefiting from international markets in Asia, EMEA, and Latin America [4][5] - The Zacks Consensus Estimate for premiums in the upcoming quarter indicates a significant increase of 79.4% year-over-year [4] Segment Performance - Adjusted retirement and income solutions revenues are projected at $11.3 billion, nearly doubling from the previous year [6] - The Asia segment is expected to benefit from improved variable investment income and increased volumes, while EMEA and Latin America are projected to see growth from higher volumes [6] Challenges - Rising costs and expenses may partially offset profit growth in the upcoming quarter, with a projected decline of 4.1% in adjusted earnings from the Asia business year-over-year [7]

In its upcoming report, MetLife (MET) is predicted by Wall Street analysts to post quarterly earnings of $2.36 per share, reflecting an increase of 13.5% compared to the same period last year. Revenues are forecasted to be $25.57 billion, representing a year-over-year increase of 29.6%.The consensus EPS estimate for the quarter has undergone a downward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial ...

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Viewpoint - Brighthouse Financial is being acquired by Aquarian Capital for $4.1 billion, marking a significant development in the insurance sector [1][6]. Group 1: Acquisition Details - Aquarian Capital announced the acquisition of Brighthouse Financial in an all-cash transaction valued at $4.1 billion, equating to $70 per share, which represents a nearly 38% premium over Brighthouse's 90-day volume-weighted average price as of November 5 [1][6]. - The acquisition is expected to close sometime in 2026, after which Brighthouse will operate as a private entity while remaining a separate company [4]. Group 2: Company Background - Brighthouse Financial was spun out from MetLife in 2017 and is recognized as one of the largest annuity and life insurance companies in the U.S. [2]. - Recent years have seen inconsistent returns and declining capital levels for Brighthouse, leading to speculation about its acquisition [2]. Group 3: Strategic Plans Post-Acquisition - Aquarian Capital intends to assist Brighthouse in pursuing strategic growth opportunities and enhancing its service to customers and distribution partners [3]. - Plans include investing in Brighthouse's platform and distribution franchise, as well as improving its investment management infrastructure [3]. Group 4: Market Reaction and Arbitrage Opportunity - Following the acquisition announcement, Brighthouse's stock traded slightly below $65 per share, indicating investor skepticism about the deal's closure, creating a merger arbitrage opportunity with a spread of approximately 7.5% [4][5]. - The acquisition is supported by committed financing from Aquarian that does not require additional debt, suggesting a high likelihood of the deal closing [7].

Core Viewpoint - MetLife Investment Management has successfully acquired PineBridge Investments, enhancing its asset management capabilities and aligning with its New Frontier strategy to accelerate growth in this sector [1] Group 1: Acquisition Details - The acquisition of PineBridge Investments allows MetLife to combine its institutional strength and scale with PineBridge's global reach [1] - The combined entity will manage a total of $734.7 billion in assets, serving clients worldwide [1]

Core Insights - MetLife, Inc. (MET) provides a range of protection and investment products, including individual annuities, insurance, group insurance, and retirement services, but has underperformed the industry in share growth over the past six months [1][2] Financial Performance - MetLife has a market capitalization of $53.4 billion and a forward P/E ratio of 8.09X, which is lower than the industry average of 9.28X, indicating potential value [2] - The Zacks Consensus Estimate for MetLife's 2025 earnings is $8.71 per share, reflecting a 7.4% year-over-year increase, with revenues expected to reach $79.1 billion, implying an 8.3% rise [3] - The company's total premium increased by 2.4% year-over-year in the first nine months of 2025, driven by strong performances in the Group Benefits, Asia, and EMEA segments [4][10] Growth Drivers - MetLife's growth is supported by higher premiums, cost-cutting initiatives, and strategic acquisitions, including the planned acquisition of PineBridge Investments [2][5] - The company is focusing on operational efficiency through its New Frontier strategy 2025, aiming for a 100-basis point reduction in unit costs over five years [7] - MetLife's liquidity position is strong, with $20.2 billion in cash and cash equivalents, significantly exceeding its short-term debt of $378 million, allowing for shareholder returns through buybacks and dividends [8] Investment Income and Capital Efficiency - MetLife's investment income has faced challenges, declining nearly 26% in 2022 and 72.9% in 2023, with a target of $1.7 billion for pre-tax variable investment income in 2025 [11] - The company's return on invested capital (ROIC) is 1.8%, below the industry average of 2.1%, indicating weaker capital efficiency [12]

Core Insights - MetLife, Inc. has partnered with Petstablished to integrate pet insurance quotes into the adoption process, allowing shelters to offer customized coverage during the online workflow [1][9] - Adopters can include insurance costs in the adoption fee, ensuring pets are covered before leaving the shelter, with various coverage options available [2][9] - This initiative addresses the issue of unexpected veterinary bills, aiming to ease financial burdens that can disrupt long-term pet care [3] Company Strategy - The partnership reflects MetLife's focus on embedded insurance distribution, enhancing visibility and encouraging early consideration of pet insurance [4] - By integrating insurance into digital adoption workflows, the company aims to improve customer engagement and policy relationships, aligning with industry trends towards digital platforms for growth [4] Financial Performance - While the immediate financial impact may be modest, such initiatives are expected to strengthen MetLife's position in the growing specialty insurance sector [5] - Total revenues for MetLife rose by 1.8% year over year, with premiums increasing by 2.4% in the first nine months of 2025, indicating potential for a more diversified revenue mix [5] Stock Performance - Over the past year, MetLife's shares have increased by 3%, compared to the industry's growth of 15.9% [6]

Core Insights - MetLife Pet Insurance has announced an exclusive collaboration with Petstablished to integrate pet insurance quotes into the adoption and registration process on the Petstablished platform [1] Company Collaboration - The partnership with Petstablished aims to streamline the process for over 1,000 animal welfare organizations (AWOs) that facilitate more than 160,000 adoptions annually [1] Industry Context - Cost remains a significant barrier to routine pet care and veterinarian visits, highlighting the importance of accessible pet insurance options [1]