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Stock impact report

MetLife Announces First Quarter 2024 Results [Yahoo! Finance]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Yahoo! Finance
Net income of $800 million, or $1.10 per share, compared to net income of $14 million, or $0.02 per share, in the first quarter of 2023. Adjusted earnings of $1.3 billion, or $1.83 per share, compared to adjusted earnings of $1.2 billion, or $1.52 per share, in the first quarter of 2023. Book value of $34.54 per share, down 6 percent from $36.89 per share at March 31, 2023. Book value, excluding accumulated other comprehensive income (AOCI) other than foreign currency translation adjustments (FCTA), of $53.13 per share, down 1 percent from $53.83 per share at March 31, 2023. Return on equity (ROE) of 12.6 percent. Adjusted ROE, excluding AOCI other than FCTA, of 13.8 percent. Holding company cash and liquid assets of $5.2 billion at March 31, 2024, which is above the target cash buffer of $3.0 - $4.0 billion. "MetLife is off to a good start in 2024, with strong topline growth and sustained momentum across our market-leading portfolio of businesses," said MetLife Preside Show less Read more
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