Every material Form 8-K MetLife filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MetLife reported third-quarter 2025 net income of $818 million, or $1.22 per share, down 36% from a year earlier, mainly due to higher net derivative losses and net investment losses. Adjusted earnings rose 15% to $1.6 billion, and adjusted earnings per share rose 22% to $2.37, driven by higher variable investment income and volume growth.
Net income was $818 million ($1.22 per share), down 36% from $1,275 million in the third quarter of 2024; net derivative losses were $929 million.
Adjusted earnings were $1,584 million, up 15%; adjusted earnings per share were $2.37, up 22%.
Premiums, fees and other revenues were $12.5 billion, flat compared with the prior-year quarter.
MetLife returned approximately $875 million to shareholders through share repurchases and common stock dividends, and held $4.9 billion in holding company cash and liquid assets at quarter end.
MetLife reported second-quarter 2025 net income of $698 million, down 23% from a year earlier, and adjusted earnings of $1.4 billion, down 16%. The company said higher net derivative losses and lower adjusted earnings drove the net income decline, while premiums, fees and other revenues fell 6% to $12.7 billion. Shareholders also received approximately $900 million through share repurchases and dividends during the quarter.
Net income was $698 million, down 23%, or $1.03 per share, down 20%.
Adjusted earnings were $1.4 billion ($1,362 million), down 16%, or $2.02 per share, down 11%.
Adjusted premiums, fees and other revenues excluding pension risk transfers rose 5% to $12.4 billion.
Book value per share rose 7% to $35.79; the company returned approximately $900 million to shareholders.
MetLife announced that Adrienne O'Neill, previously Chief Financial Officer for Asia at Manulife Financial, will join as Executive Vice President and Chief Accounting Officer effective September 2, 2025. She replaces interim Chief Accounting Officer Toby Srihiran Brown, who returns to his role as Executive Vice President and Global Head of Reinsurance. The change fills a key finance leadership role responsible for corporate accounting and reporting.
O'Neill's annual base salary is $525,000, with eligibility for a discretionary incentive award.
Sign-on stock-based long-term incentive awards have an aggregate grant date value of $1,950,000, plus certain sign-on cash payments.
O'Neill will report to CFO John McCallion, and her start date is September 2, 2025.
Brown served as interim Chief Accounting Officer since March 2025.
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.
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.
MetLife director David L. Herzog notified the board on March 27, 2025 that he will resign effective May 1, 2025, and will not stand for re-election at the 2025 annual shareholder meeting. The filing says the resignation was not due to any disagreement with the company on its operations, policies or practices.
Resignation notice given to the board on March 27, 2025
Resignation effective May 1, 2025; Herzog will not seek re-election at the 2025 annual meeting
Filing states no disagreement with the company on operations, policies or practices
MetLife appointed Toby Srihiran Brown, its Executive Vice President and Global Head of Reinsurance, as interim Chief Accounting Officer effective March 15, 2025, while it searches for a permanent replacement for Tamara Schock, who previously gave notice of her resignation. The board also expanded itself to fourteen directors and added Christian Mumenthaler, effective May 1, 2025.
Toby Srihiran Brown, age 51, named interim Chief Accounting Officer effective March 15, 2025
Tamara L. Schock, who gave notice of resignation on January 7, 2025, remains principal accounting officer until Brown's appointment takes effect
Board increased from thirteen to fourteen directors; Christian Mumenthaler elected, joining the Finance and Risk and Investment Committees
Non-management directors receive a $325,000 annual retainer, $175,000 in stock and $150,000 in cash
MetLife reported fourth quarter 2024 net income of $1.2 billion, or $1.78 per share, up from $574 million, or $0.77 per share, a year earlier. Adjusted earnings per share rose 14% to $2.09, and full year adjusted earnings per share rose 12% to $8.15. The company also raised its adjusted return on equity target to 15% to 17% from 13% to 15%, set a new target of double-digit adjusted earnings per share growth, and lowered its direct expense ratio target.
Q4 2024 net income was $1.2 billion, or $1.78 per share, versus $574 million, or $0.77 per share, in Q4 2023.
Q4 2024 adjusted earnings were $1.5 billion, or $2.09 per share, versus $1.83 per share a year earlier; full year adjusted earnings per share were $8.15, up 12%.
Q4 2024 premiums, fees and other revenues were $14.5 billion, up 6% from the prior-year quarter.
Adjusted ROE target raised to 15% to 17%; direct expense ratio target lowered from 12.3% to 12.1% over the near term and 11.3% over the New Frontier period.
MetLife said its Executive Vice President and Chief Accounting Officer, Tamara L. Schock, will resign to pursue another opportunity, with her last day expected on or about March 14, 2025. The company said her decision was due to personal reasons and not a disagreement over financial statements, internal controls, operations, policies or practices.
Tamara L. Schock informed MetLife of her resignation on January 7, 2025
Her last day of employment is expected on or about March 14, 2025
The filing states the departure was for personal reasons, not a disagreement with the company
The 8-K filing was dated January 10, 2025 and signed by Timothy J. Ring, Senior Vice President and Secretary
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