Brighthouse Financial (BHF) Tops Q4 EPS by 29c

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Brighthouse Financial Announces Fourth Quarter and Full Year 2020 Results

February 10, 2021 4:16 PM EST

Fourth quarter 2020 net loss available to shareholders of $1,045 million, or $11.69 per diluted share, driven primarily by net derivative mark-to-market losses Fourth quarter 2020 adjusted earnings, less notable items*, of $272 million, or $3.03 per diluted share Annuity sales increased 58 percent over the fourth quarter of 2019 and 25 percent for full year 2020 Life sales increased 25 percent over the fourth quarter of 2019 and 124 percent for full year 2020 Estimated combined risk-based capital ("RBC") ratio of approximately 485 percent and holding company liquid assets of $1.7 billion $511 million total subsidiary ordinary dividends paid to the... More