secwatch.observer — SEC 8-K summary
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Issuer:     Brighthouse Financial, Inc. (BHF)
CIK:        0001685040
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001685040-24-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Brighthouse Q4 net loss $942M ($14.70/share); adj earnings $189M ($2.92/share)
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- Net loss of $942M ($14.70 diluted EPS) vs Q4 2022 net income $110M; adjusted earnings less notable items $189M ($2.92 EPS).
- Estimated combined RBC ratio ~420%; holding company liquid assets $1.3B; $350M subsidiary dividends paid to holding co in Q4.
- Repurchased $250M of common stock in FY2023 (shares down 7% YoY); additional ~$30M YTD through Feb 9, 2024; $763M remaining authorization.
- Full-year 2023 annuity sales $10.6B driven by Shield Level annuities; life sales $102M.
- Book value per share $51.08; book value ex-AOCI $133.69 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1685040/000168504024000003/0001685040-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1685040/000168504024000003/bhf-20240212.htm
  HTML page:      https://secwatch.observer/filing/0001685040-24-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer