MetLife Third-Quarter Net Income Jumps 187 Percent to $2.351 Billion, With Adjusted Earnings Per Share at a Record Excluding Notable Items
MetLife, Inc. reported third-quarter 2026 results on November 4: total revenues were $20.522 billion, compared with $17.361 billion a year earlier, and net income was $2.351 billion, up 187 percent, or $3.67 per share, compared with $1.22 per share a year earlier.
Adjusted earnings were $1.780 billion, up 12 percent, and adjusted earnings per share were $2.78, up 17 percent. Excluding all notable items, adjusted earnings were $1.826 billion, or $2.85 per share, up 17 percent and 22 percent respectively, with earnings per share at the highest quarterly level in the company's history. Adjusted return on equity was 19.2 percent, or 19.6 percent excluding notable items.
Premiums, fees and other revenues (PFOs) were $14.056 billion, up 12 percent, and net investment income was $6.198 billion, up 2 percent. The company returned approximately $1 billion to shareholders through share repurchases and common stock dividends during the quarter, and holding company cash and liquid assets were $3.4 billion at quarter-end.
Adjusted earnings by segment: Group Benefits $523 million, up 15 percent; Retirement and Income Solutions $413 million, down 6 percent, or $478 million excluding notable items, up 12 percent; Asia $602 million, up 11 percent; Latin America $215 million, up 45 percent; and EMEA $108 million, up 24 percent.
President and CEO Michel Khalaf said adjusted earnings per share reached a company record in the quarter, revenues grew in every business segment, and underwriting, volume growth and investment returns together drove the results.
(Source: MetLife, Inc)
Source: MetLife, Inc
Published by GSM · USA (original Chinese edition)
Photo: 图：大都会人寿（MetLife）公司标志。经 Wikimedia Commons。 / Photo: The MetLife, Inc. corporate logo. Via Wikimedia Commons.
