earnings
confidence high
sentiment negative
materiality 0.80
Brighthouse Financial Q1 net loss $792M; adjusted earnings $239M; annuity sales $2.2B
Brighthouse Financial, Inc.
2026-Q1 EPS reported
-$13.82
revenue$1,527,000,000
- Net loss available to shareholders of $792M ($13.82/diluted share) vs. $294M loss in Q1 2025.
- Adjusted earnings, less notable items, of $251M ($4.35/diluted share); reported adjusted earnings $239M ($4.15/diluted share).
- Estimated combined RBC ratio of 430%-450%; holding company liquid assets of $0.9B at quarter end.
- Annuity sales of $2.2B driven by $1.9B Shield Level Annuities; Life sales of $32M led by SmartCare.
- Unfavorable notable item of $12M ($0.21/diluted share) related to actuarial refinements.