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Stock impact report

MetLife Announces Third Quarter 2024 Results

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced its third quarter 2024 results.Third Quarter Results SummaryNet income of $1.3 billion, or $1.81 per share, compared to net income of $422 million, or $0.56 per share, in the third quarter of 2023.Adjusted earnings of $1.4 billion, or $1.95 per share, compared to adjusted earnings of $1.5 billion, or $1.97 per share, in the third quarter of 2023.Book value of $39.02 per share, up 33 percent from $29.34 per share at September 30, 2023.Book value, excluding accumulated other comprehensive income (AOCI) other than foreign currency translation adjustments (FCTA), of $54.72 per share, up 3 percent from $53.00 per share at September 30, 2023.Return on equity (ROE) of 20.2 percent.Adjusted ROE, excluding AOCI other than FCTA, of 14.6 percent.Holding company cash and liquid assets of $4.5 billion at September 30, 2024, which is above the target cash buffer of $3.0 - $4.0 billion."Despite lower variable investment income, Show less Read more
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