Brighthouse Financial Q4 net income rises to $646 million from a $942 million loss
Brighthouse Financial reported fourth-quarter 2024 net income available to shareholders of $646 million, or $10.79 per diluted share, compared with a net loss of $942 million, or $14.70 per share, a year earlier. Adjusted earnings were $304 million, or $5.07 per diluted share, up from $177 million, or $2.73, while annuity sales fell 5% year over year. For shareholders, the company also repurchased $250 million of stock in 2024, reducing shares outstanding by about 8%.
Key points
- Q4 2024 net income available to shareholders: $646 million ($10.79 per diluted share), versus a net loss of $942 million ($14.70) in Q4 2023
- Q4 2024 adjusted earnings: $304 million ($5.07 per diluted share), versus $177 million ($2.73) in Q4 2023; includes a $48 million unfavorable notable item
- Full-year 2024 net income available to shareholders: $286 million ($4.64 per diluted share), versus a net loss of $1,214 million in 2023
- Company repurchased $250 million of common stock in 2024 and about $25 million more through February 7, 2025; holding company liquid assets were $1.1 billion
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.