Brighthouse Financial (BHF) Reports Q3 EPS of $4.19
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Brighthouse Financial Announces Third Quarter 2020 Results
November 5, 2020 4:15 PM ESTThird quarter 2020 net loss available to shareholders of $3,012 million, or $32.49 per diluted share, driven primarily by the impact from the company's annual actuarial review and net derivative mark-to-market losses Third quarter 2020 adjusted earnings, less notable items*, of $388 million, or $4.19 per diluted share Annuity sales increased 29 percent and life sales increased 63 percent compared with the third quarter of 2019 Estimated combined risk-based capital ("RBC") ratio between 525 and 545 percent The company resumed repurchases of its common stock on August 24, 2020, and repurchased $432 million of common stock year-to-date through November... More
