secwatch.observer — SEC 8-K summary
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Issuer:     METLIFE INC (MET)
CIK:        0001099219
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001099219-24-000139
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetLife Q1 net income $800M ($1.10 EPS), adj EPS $1.83; board approves $3B buyback
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- Net income $800M ($1.10 per share) vs $14M ($0.02) in Q1 2023; adjusted earnings $1.3B ($1.83 per share), up 20% YoY.
- Premiums, fees and other revenues $11.975B, up 4% YoY; total revenues $16.057B.
- Board approved new $3B share repurchase authorization; $1.2B repurchased in Q1 2024 plus ~$330M in April.
- Book value per share $34.54; adjusted ROE excluding AOCI other than FCTA of 13.8%.
- Holding company cash $5.2B, above target buffer of $3.0-$4.0B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099219/000109921924000139/0001099219-24-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099219/000109921924000139/met-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001099219-24-000139

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