secwatch.observer — SEC 8-K summary
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Issuer:     METLIFE INC (MET)
CIK:        0001099219
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001099219-23-000266
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetLife Q3 net income drops 62% to $422M; adj. earnings up 35% to $1.5B
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- Net income $422M ($0.56/sh) vs $1.1B ($1.37/sh) in Q3 2022; adjusted earnings $1.5B ($1.97/sh) up 35%.
- Adjusted EPS ex. notable items $1.95, up 43% YoY; adjusted ROE ex. AOCI 14.9%.
- Book value per share ex. AOCI $53.00, up 2% YoY; holding company cash $4.9B above $3-4B target.
- U.S. adj. earnings ex. notable items $892M (+33%); Asia $369M (+23% constant currency); Latin America $199M (+8%).
- Repurchased $0.8B shares in Q3 2023; ~$250M in October; U.S. statutory capital ~$17.7B, up 2% from Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099219/000109921923000266/0001099219-23-000266-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099219/000109921923000266/met-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001099219-23-000266

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