secwatch.observer — SEC 8-K summary
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Issuer:     METLIFE INC (MET)
CIK:        0001099219
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001099219-23-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetLife FY22 net income $2.4B ($2.91 EPS), down 63% YoY; adjusted EPS $6.72, down 26%
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- Full year 2022 adjusted earnings $5.5B ($6.85/share), down 30% from $8.0B ($9.15) in 2021.
- Q4 2022 net income $1.3B ($1.66 EPS), up 12% from $1.2B ($1.39) in Q4 2021.
- Book value per share $29.81 at Dec 31 2022, down 61% YoY; excluding AOCI, $56.34, down 2%.
- Holding company cash $5.4B above $3-4B target; $3.3B share repurchases in FY22; ~$250M in Jan 2023.
- Near-term targets: adjusted ROE target raised to 13-15%; free cash flow ratio 65-75% of adjusted earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/0001099219-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099219/000109921923000039/met-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001099219-23-000039

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