Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial, Inc. has announced quarterly dividend distributions for its Series A, B, C, and D preferred stock depositary shares, payable on March 25, 2026, to holders of record as of March 10, 2026. The distributions vary by series, reflecting the underlying preferred stock dividends. The company is a prominent provider of annuities and life insurance in the U.S., focused on helping individuals achieve financial security.
Brighthouse Financial Shareholders Approve Aquarian Capital Acquisition
Brighthouse Financial shareholders have approved an all-cash merger agreement with an affiliate of Aquarian Capital LLC, valuing the insurer at approximately $4.1 billion. Common stockholders will receive $70.00 per share, with the deal expected to close in 2026 pending customary conditions and regulatory approvals. This transaction marks a strategic transition for Brighthouse Financial under private ownership and expands Aquarian Capital's presence in the U.S. life and annuity market.
Brighthouse Financial stock hits 52-week high at 16.6 USD By Investing.com
Brighthouse Financial (BHFAP) stock reached a 52-week high of $16.60, despite an overall decline of 21.45% over the past year. InvestingPro data indicates that the stock is significantly undervalued with a P/E ratio of 4.44 and offers a substantial 10.07% dividend yield, along with a "GOOD" financial health score and expected positive net income growth. The company has shown a 12.64% gain in the last six months, signaling market volatility and investor interest in its future performance.
Brighthouse Financial, Inc. - Preferred Stock (BHFAN) Price Target Increased by 12.86% to 13.52
The average one-year price target for Brighthouse Financial, Inc. Preferred Stock (BHFAN) has been increased by 12.86% to $13.52 per share, up from $11.98. This new target represents a 3.37% increase from the last closing price. Institutional holdings in BHFAN have slightly decreased overall, with some prominent ETFs adjusting their positions.
Keefe, Bruyette & Woods Maintains Brighthouse Financial, Inc. - Preferred Stock (BHFAO) Market Perform Recommendation
Keefe, Bruyette & Woods has maintained its Market Perform recommendation for Brighthouse Financial, Inc. - Preferred Stock (BHFAO). Analysts project a 13.74% upside with an average one-year price target of $19.79/share as of October 30, 2025. Institutional ownership data shows a decrease in total shares held by institutions, though the number of funds reporting positions in BHFAO increased.
Brighthouse Financial, Inc. SEC 10-Q Report
Brighthouse Financial, Inc. has released its Q3 2025 Form 10-Q report, revealing a significant increase in net income and earnings per share despite a decrease in total revenues. The company's net income rose to $453 million from $150 million year-over-year, driven by improved net investment gains, even as total revenues declined to $1,816 million. Brighthouse Financial focuses on annuities and life insurance in the U.S. market, with the report detailing segment performance and future considerations like new accounting guidance and actuarial reviews.
Greenlight Capital Sends Letter to Board of Brighthouse Financial Encouraging Engagement with Reported Suitor
Greenlight Capital, a holder of approximately 4.9% of Brighthouse Financial's common stock, has sent a letter to the company's Board of Directors. The letter encourages the Board to engage with a reported suitor, Aquarian Holdings, on an offer of around $70 per share. Greenlight believes a sale at this price is in the best interests of shareholders, citing Brighthouse's historical underperformance as a public company.
MetLife Life Insurance Review: Cheap Prices but Weak Customer Service
MetLife no longer sells individual life insurance policies, instead offering them through its subsidiary, Brighthouse Financial. Brighthouse provides affordable term life insurance with various coverage options, but it has limitations, such as not being available for smokers or those over 50, and generally receives low customer satisfaction ratings despite its competitive pricing. The article highlights that while Brighthouse's policies are often cheaper than average, customer service and complaint resolution are weaker compared to other providers.
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial, Inc. (Nasdaq: BHF) announced upcoming quarterly distributions for its Series A, B, C, and D Depositary Shares, representing interests in various non-cumulative preferred stocks. Holders of record as of September 10, 2025, will receive these distributions on September 25, 2025. The announcement details the specific distribution amounts per share for each series.
Brighthouse Financial, Inc.'s (NASDAQ:BHF) US$152m market value fall may be overlooked by institutional investors after a year of 9.2% returns
Institutional investors hold 84% ownership in Brighthouse Financial, Inc. (NASDAQ:BHF), making their sentiment critical to the stock's performance. Despite a recent US$152 million market value drop, a 9.2% return over the past year for institutional holders might temper concerns. The company's top 11 shareholders combined own 50% of the business, with The Vanguard Group being the largest at 10%.
Brighthouse Financial Q2 Earnings Miss Estimates on Lower Premiums
Brighthouse Financial (BHF) reported Q2 2025 adjusted earnings of $3.43 per share, missing Zacks Consensus Estimate by 27% and declining 38.4% year-over-year. The miss was attributed to lower premiums and reduced net investment income, despite a decrease in total expenses. Total operating revenues also fell, and the company's annuities segment remained flat, while life and run-off segments reported operating losses.
Brighthouse Executives Face Analyst Questions About Deal Rumors
Brighthouse Financial posted a net profit in the second quarter, with annuity sales showing a year-over-year increase. During an earnings call, analysts questioned executives about potential acquisition rumors, indicating market speculation surrounding the company's future. The article highlights these key financial performance points and the queries regarding a possible deal.
Analyst casts doubt on investment firm's bid for Brighthouse
An analyst is raising concerns regarding an asset manager's reported intent to acquire Charlotte-based Brighthouse Financial. The article highlights an analyst's skepticism about the investment firm's capability to finalize the rumored acquisition. It also lists several related articles concerning Brighthouse Financial's potential sale and organizational changes.
Brighthouse Financial Stock Pops on Report of Buyout Talks With Aquarian
Brighthouse Financial (BHF) shares surged Wednesday following reports that private equity firm Aquarian Holdings is nearing a deal to acquire the insurer. The Wall Street Journal reported that an agreement could be finalized in weeks, with other firms like TPG also showing interest. Aquarian recently established Aquarian Insurance Holdings, indicating a focus on expanding its insurance assets.
Brighthouse Financial Surges Amid Acquisition Talks
Brighthouse Financial Inc. (NASDAQ: BHF) has seen its stock surge over 9% due to investor optimism surrounding potential acquisition talks with Aquarian Holdings, which could finalize in weeks. The company also anticipates a bidding war involving TPG, further fueling interest in its future. A forthcoming Q2 2025 earnings conference call is expected to provide more details on its financial health and strategic direction.
Exclusive | Aquarian Nears Deal for U.S. Insurer Brighthouse
Investment firm Aquarian Holdings is reportedly in exclusive negotiations to acquire U.S. life insurance company Brighthouse Financial. A deal could be finalized in the coming weeks, pending no last-minute obstacles. Brighthouse Financial had attracted interest from several other major private-equity firms.
Brighthouse Financial, Inc. (NASDAQ:BHF) is largely controlled by institutional shareholders who own 82% of the company
Brighthouse Financial, Inc. (NASDAQ:BHF) is predominantly controlled by institutional shareholders who own 82% of the company. This significant institutional ownership means their trading decisions heavily influence the stock's performance. The top 8 shareholders account for more than half of the share register, with Dodge & Cox being the largest with 11%.
Brighthouse Financial completes transaction to reinsure its fixed and payout annuities
Brighthouse Financial, Inc. has completed a reinsurance transaction for a legacy block of fixed and payout annuities with a third party. This move is part of the company's strategic initiatives to enhance capital efficiency, free up capital, and achieve its target combined risk-based capital (RBC) ratio range. As a result, Brighthouse Financial's estimated combined RBC ratio increased to between 400% and 420% as of Q3 2024, falling within its target range.
Brighthouse Financial completes key reinsurance deal for legacy annuities
Brighthouse Financial has completed a reinsurance transaction for a legacy block of fixed and payout annuities, which is expected to boost its estimated combined RBC ratio to between 400% and 420%. This deal aligns with the company's strategic goals of enhancing capital efficiency and achieving its target RBC ratio. Separately, Brighthouse's life insurance arm is involved in a lawsuit against a California nut grower for alleged breach of contract regarding $48.6 million in defaulted loans.
Brighthouse Life Insurance Announces Data Breach Stemming from Incident at Third-Party Vendor
Brighthouse Life Insurance announced a data breach originating from a third-party vendor, Education Benefit Consultants, LLC d/b/a Aviben. The incident exposed sensitive consumer information including names, dates of birth, Social Security numbers, and annuity contract numbers. Brighthouse is notifying affected individuals and advises them to understand the risks of fraud and identity theft.
Brighthouse Financial Announces Conference Call to Discuss First Quarter 2024 Results
Brighthouse Financial, Inc. (Nasdaq: BHF) has announced a conference call and audio webcast to discuss its first-quarter 2024 financial results. The call is scheduled for 8:00 a.m. Eastern Time on Wednesday, May 8, 2024, following the release of its earnings report and financial supplement on Tuesday, May 7, 2024. Interested parties can access the webcast and related presentation via the Brighthouse Financial Investor Relations webpage.
Brighthouse reports strong product news to offset poor Q4 results - Insurance News
Brighthouse Financial reported a significant loss of $917 million in Q4, missing Wall Street expectations. Despite the poor financial results, the company highlighted strong product developments, solid sales, and a disciplined financial plan, including a record year for Shield Level annuity products and growth in its life insurance segment. CEO Eric Steigerwalt emphasized strategic priorities achieved in 2023 and a strong capital position.
Brighthouse surprises with solid Q2 earnings, beating estimates
Brighthouse Financial Inc. reported solid second-quarter financial results, exceeding Wall Street estimates with an adjusted net income of $271 million, or $4.13 per share. The company saw a significant 32% increase in life insurance earnings and a 16% rise in overall annuity sales for the first half of the year, driven by strong sales of shield and fixed deferred annuities. Despite the positive earnings, the company's stock fell nearly 6% in midday trading.
Brighthouse Financial’s Greenfield Opportunity
This article details Brighthouse Financial's technological transformation following its divestiture from MetLife in 2017. Jeff Hughes, CTO, discusses how the company leveraged this "greenfield opportunity" to rebuild its technology foundation with a focus on standard processes, rigorous cost structures, selective third-party leveraging, and strategic build-versus-buy decisions. The article highlights the company's growth from less than 20 people to about 200 under Hughes's leadership.
TruChoice Adds 3 RILA Carriers to Product Shelf
TruChoice Financial Group, LLC has expanded its Specialized Products Division by adding three new registered index-linked annuity (RILA) carriers, bringing their total to seven RILA providers. This expansion offers financial professionals and their clients more options for retirement strategies, as RILAs remain the fastest-growing segment in the annuity market. The new carriers include Athene, Global Atlantic Financial Group, and Lincoln Financial Group, joining existing providers to enhance TruChoice's product shelf and support for financial advisors.
Insurtech Policygenius pushes out its IPO plans
Insurtech Policygenius has postponed its IPO plans, opting instead to raise $125 million in Series E funding from existing and new investors, including KKR, Norwest Ventures Partners, and Brighthouse Financial. The company, valued at around $500 million, chose to secure private capital due to shaky public market conditions, distinguishing itself from struggling consumer-facing insurtechs as a distributor. CEO Jennifer Fitzgerald indicates they will await a better IPO opportunity, possibly in the second half of the year, but remains open to mergers or sales.
Brighthouse Financial Institutional Funding I -- Moody’s affirms Brighthouse Financial's ratings (Baa3 senior debt); outlook stable
Moody's Investors Service affirmed Brighthouse Financial, Inc.'s Baa3 senior debt rating and the A3 insurance financial strength ratings of its primary life and annuity operating companies, Brighthouse Life Insurance Company and New England Life Insurance Company. The outlook for all entities is stable, reflecting Brighthouse's solid asset quality and strong capital adequacy despite risks from legacy variable annuities and universal life with secondary guarantees. The report also details factors that could lead to an upgrade or downgrade of the ratings.
Leading Financial Services Firms and Industry Resource Organizations Join Together to Increase Diversity and Equity
Fifteen leading financial services firms and several industry resource groups have formed the Coalition for Equity in Wholesaling to increase diversity and equity, initially focusing on the Black community. This Coalition aims to educate, recruit, and retain diverse professionals in financial services wholesaling, starting with a tuition-free Wholesaler Development Program and commissioning research to benchmark the current workforce. The initiative seeks to build a repeatable model to benefit all diverse communities and foster a more inclusive industry.
BlackRock lands clients for its 401(k) annuity product
BlackRock has successfully launched its new 401(k) annuity product, LifePath Paycheck, securing five major retirement plan clients collectively representing over $7.5 billion in plan assets. This product, which combines target-date funds with annuities from Equitable and Brighthouse Financial, aims to provide a guaranteed income stream for over 120,000 U.S.-based 401(k) plan participants. The success indicates a growing comfort among defined-contribution plan sponsors with in-plan annuities, partly influenced by the SECURE Act.
Kumar Das Gupta Named New Leader Of Enterprise Operations By Allianz Life
Allianz Life Insurance Company of North America announced the appointment of Kumar Das Gupta as Senior Vice President of Enterprise Operations, effective June 1, 2021. In this role, Das Gupta will oversee various critical operational areas including Life Underwriting, New Business, and the Contact Center, leading a team of over 500 employees. He brings extensive experience from his previous role at Brighthouse Financial and other financial institutions, where he focused on developing efficient and effective operations.
Super spinoffs: Here are some of biggest US companies that didn’t exist a decade ago
This article identifies America's biggest companies that were formed through spinoffs and did not exist a decade ago. It lists nine companies, detailing their founding dates, latest annual revenues, and industries. The companies are presented in ascending order of revenue, highlighting their origins from larger corporations.
Envestnet launches annuities on MoneyGuide platform
Envestnet has integrated annuities onto its MoneyGuide platform, allowing financial advisers to model and manage various annuity strategies to address client income gaps. This new feature builds on an existing partnership with FIDx, offering a range of commission- and fee-based annuities from major carriers. The integration aims to connect wealth management firms with insurance providers, offering benefits like guaranteed income and downside protection.
A few of Charlotte’s largest companies just told employees they’ll work from home for the rest of 2020. Will others follow?
Several major Charlotte-based companies, including Red Ventures, LendingTree, Ally, and Brighthouse Financial, have announced that employees will work remotely until at least early 2021 due to the ongoing COVID-19 pandemic and related logistical challenges. This decision, influenced by school system changes and health concerns, raises questions about whether other large companies in the area will adopt similar long-term work-from-home policies, potentially reshaping the future of white-collar workplaces. Other large companies like Bank of America, Wells Fargo, Truist, and Duke Energy are still evaluating their return-to-office plans, largely maintaining remote work for most employees for the time being.
Policygenius & Brighthouse Financial Launch a Faster, Simpler Way to Access Term Life Insurance
Brighthouse Financial and Policygenius have partnered to launch Brighthouse SimplySelectSM, a new term life insurance product. This product offers a faster, simpler application process with streamlined underwriting, potentially providing coverage within 24 hours without invasive medical testing. The collaboration aims to make life insurance more accessible and convenient for consumers.
Durham startup Policygenius forms partnership with Fortune 500′ Brighthouse Financial
Durham-based insurtech startup Policygenius has partnered with Fortune 500 company Brighthouse Financial to launch Brighthouse SimplySelect, a new life insurance product. This offering allows customers to apply for up to $2 million in term life coverage without a medical exam, a feature particularly timely due to the COVID-19 pandemic. Policygenius, which recently announced a $100 million Series D funding round and is expanding its Durham headquarters, continues its rapid growth in the insurance sector.
Equitable and Brighthouse to Power BlackRock Annuitization Option
Equitable and Brighthouse have partnered with BlackRock to power a new annuitization option. This development is significant for the annuity and retirement planning industry. The article also provides a list of recently updated tax-related Q&As for financial professionals.
Former Brighthouse COO Carlson joins White Mountains board
White Mountains Insurance Group has appointed Peter Carlson, former Chief Operating Officer of Brighthouse Financial, to its board of directors. Carlson brings extensive experience in accounting, insurance, banking, and corporate governance from his previous roles at Brighthouse Financial and MetLife. His appointment is expected to benefit White Mountains' owners due to his diverse background.
White Mountains board elects new director
White Mountains Insurance Group's board of directors has elected Peter Carlson as its new director, citing his extensive experience in accounting, insurance, banking, and corporate governance. Carlson previously served as COO at Brighthouse Financial and held leadership roles at MetLife. This announcement follows the board's declaration of a $1 per share annual dividend to common shareholders.
Which Companies Have The Highest Gross Profit Per Employee?
This article ranks S&P 500 companies by Gross Profit Per Employee (GPPE) for 2017 to assess human capital efficiency after product costs. It highlights that the Energy sector has the highest GPPE, with Financial and Healthcare companies also performing strongly. The analysis also notes an improved ranking for Technology companies like Facebook and Apple in GPPE compared to Revenue Per Employee, due to their high gross margins.
MetLife, Brighthouse sued for $500 million over missing pensioners
MetLife Inc. and Brighthouse Financial Inc. are being sued for $500 million for allegedly failing to pay retirement benefits to thousands of pension plan participants over the last 25 years. The class-action lawsuit claims the insurers "betrayed" annuitants by retaining these funds, which MetLife previously attributed to an inability to locate participants. The suit aims to recover the benefits, acquire interest for delayed payments, and compel MetLife to disgorge any profits.
MetLife, Brighthouse Sued Over $500M Annuity Biz, Lost Clients (1)
MetLife Inc. and its former annuity and life insurance arm, Brighthouse Financial Inc., are facing a lawsuit alleging they systematically took ownership of over $500 million in retirement benefits from 30,000 retirees over 25 years. The lawsuit, filed in the U.S. District Court for the Southern District of New York, seeks class-action status and charges that the companies unlawfully deprived retirees of their income by converting their annuity assets. MetLife acknowledged its failure to provide these benefits over the specified period.
3 Top New Life and Annuity Ad Campaigns
Life insurers Brighthouse Financial, Lincoln Financial, and Symetra have launched new television ad campaigns to attract customers to their life and annuity products. These campaigns aim to build brand awareness, promote specific products like annuities, and use optimistic messaging or relatable characters to demystify insurance jargon and encourage consumers to consider financial planning. The article highlights the focus of these companies on engaging consumers through fresh advertising strategies.
Charlotte's Women In Business: Christine DeBiase
Christine DeBiase, Chief Administrative Officer and General Counsel for Brighthouse Financial Inc., has been recognized as a 2018 honoree in the Charlotte Business Journal's Women in Business awards program. The article highlights this achievement and positions her among other notable women in the Charlotte business community honored that year.
Brighthouse Financial CEO talks about company's newfound independence
Eric Steigerwalt, President and CEO of Brighthouse Financial, discusses the company's newfound independence after separating from MetLife Inc. This article highlights his leadership during the 18-month transition and the company's first day of trading on Nasdaq.
MetLife spinoff Brighthouse Financial kicks off trading on the Nasdaq (PHOTOS)
MetLife spinoff Brighthouse Financial began trading as its own public company on the Nasdaq Stock Exchange under the ticker “BHF.” Eric Steigerwalt, president and CEO of Brighthouse, rang the closing bell of the Nasdaq from the company's Charlotte headquarters on their first day of trading. The article highlights the company's new independent status following the MetLife spinoff.
Brighthouse Seeks `Sleep-at-Night' Calm in $79 Billion Portfolio
Brighthouse Financial, following its spin-off from MetLife, is prioritizing a "sleep-at-night" investment strategy for its $79 billion portfolio, focusing on hedging risks to ensure stability for its annuity and life insurance products. CEO Eric Steigerwalt emphasizes the safety and diversification of the portfolio to attract financial advisers and customers, avoiding the complex risks some newer annuity companies pursue for higher returns. The company plans to maintain a high-quality, predominantly bond-based portfolio, similar to its management under MetLife, as it begins independent trading on Nasdaq.
MetLife Is Close to Spinning Off These Big Businesses
MetLife Inc. is moving forward with its plan to spin off its U.S. retail life insurance and annuity business, Brighthouse Financial. The company's board approved the plan with shares to be distributed on August 4, subject to SEC approval. MetLife common shareholders will receive one share of Brighthouse Financial common stock for every 11 shares of MetLife common stock they own.
MetLife board approves Brighthouse spinoff, sets effective date
MetLife Inc. announced that its board of directors has approved the spinoff of its U.S. retail life insurance and annuity business, Brighthouse Financial Inc. The effective date for the spinoff is set for July 19, with shares to be distributed on August 4, pending SEC approval. MetLife common shareholders will receive one share of Brighthouse Financial common stock for every 11 shares of MetLife common stock they own.
Fitch Ratings Downgrades MetLife's Brighthouse Financial Unit
Fitch Ratings Inc. downgraded MetLife Inc.'s Brighthouse Financial Inc. unit, citing a lowering of its capitalization and financial targets. The unit, which sells life insurance and annuities, is still awaiting regulatory approval for its spinoff from MetLife. Fitch's analyst noted concerns about the funding of assets, consolidated financial leverage, and overall statutory capital levels.
Brighthouse Financial Stumbles After MetLife Spinoff
Brighthouse Financial Inc. shares fell more than 5% on its first day of trading after splitting off from MetLife Inc. The new stand-alone company was formed from three prior MetLife segments, including its core life insurance and annuities businesses, and a "runoff" business of existing contracts. This stumble highlights initial investor apprehension following the spinoff.
