Quarterly ResultMay 6, 2026, 04:38 PM
MetLife Q1 Adjusted EPS +23% to $2.42; Adjusted Earnings $1.6B
AI Summary
MetLife reported strong first quarter 2026 results, with adjusted earnings increasing 18% to $1.6 billion and adjusted EPS up 23% to $2.42. Net income rose 30% to $1.1 billion. Premiums, fees, and other revenues (PFOs) grew 5% to $14.3 billion, with adjusted PFOs (excluding pension risk transfers) up 10% to $13.3 billion across all segments. The company returned over $1.1 billion to shareholders through share repurchases and common stock dividends and saw total assets under management grow 22% to $736.3 billion.
Key Highlights
- Adjusted earnings increased 18% to $1.6 billion.
- Adjusted earnings per share rose 23% to $2.42.
- Net income increased 30% to $1.1 billion, or $1.74 per share.
- Premiums, fees and other revenues (PFOs) increased 5% to $14.3 billion.
- Adjusted PFOs, excluding pension risk transfers (PRT), increased 10% to $13.3 billion.
- MetLife returned over $1.1 billion to shareholders via share repurchases and common stock dividends.
- Total assets under management grew 22% to $736.3 billion.
- Group Benefits adjusted earnings increased 19% to $439 million.