MetLife Q1 net income rises 10% to $879 million; board adds $3.0 billion buyback
MetLife reported first-quarter 2025 net income up 10% to $879 million, or $1.28 per share, and premiums, fees and other revenues up 14% to $13.6 billion. Adjusted earnings rose 1% to $1.3 billion, while net investment income fell 10% to $4.9 billion. The company also approved a new $3.0 billion share repurchase authorization and agreed in April to reinsure about $10 billion of U.S. retail variable annuity and rider reserves.
Key points
- Adjusted earnings rose 1% to $1.3 billion; adjusted earnings per share rose 7% to $1.96.
- Premiums, fees and other revenues rose 14% to $13.6 billion for the quarter ended March 31, 2025.
- Board approved a new $3.0 billion share repurchase authorization; MetLife returned $1.8 billion to shareholders via buybacks and dividends in the quarter.
- In April, MetLife agreed with a subsidiary of Talcott Financial Group to reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves.
The filing
Written by AI on Nov 8, 2026, 1:42 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 April 30, 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.