Earnings summaries and quarterly performance for Brighthouse Financial.
Executive leadership at Brighthouse Financial.
Eric Steigerwalt
Detailed
President and Chief Executive Officer
CEO
AL
Allie Lin
Detailed
Executive Vice President and General Counsel
ES
Ed Spehar
Detailed
Executive Vice President and Chief Financial Officer
JR
John Rosenthal
Detailed
Executive Vice President and Chief Investment Officer
ML
Myles Lambert
Detailed
Executive Vice President and Chief Marketing and Distribution Officer
Board of directors at Brighthouse Financial.
Research analysts who have asked questions during Brighthouse Financial earnings calls.
Ryan Krueger
KBW
4 questions for BHF
Also covers: AFL, AMP, ASGN +14 more
Suneet Kamath
Jefferies
4 questions for BHF
Also covers: AFL, AMP, CNO +12 more
WC
Wesley Carmichael
Autonomous Research
4 questions for BHF
Also covers: ACGL, AFL, CNO +16 more
Alex Scott
Barclays PLC
3 questions for BHF
Also covers: ACGL, AFL, AIG +30 more
JB
John Barnidge
Piper Sandler
3 questions for BHF
Also covers: AFL, AIZ, AMP +17 more
TG
Thomas Gallagher
Evercore
3 questions for BHF
Also covers: AFL, AMP, CNO +13 more
JB
Jamminder Bhullar
JPMorgan Chase & Co.
2 questions for BHF
Also covers: ACGL, AFL, ALL +13 more
NA
Nicholas Annitto
Wells Fargo & Company
2 questions for BHF
Also covers: AFL, EQH
Wilma Burdis
Raymond James Financial
2 questions for BHF
Also covers: AFL, ALTI, AMP +18 more
EG
Elyse Greenspan
Wells Fargo
1 question for BHF
Also covers: ACGL, AFL, AHL +32 more
JB
Jimmy Bhullar
JPMorgan Chase & Co.
1 question for BHF
Also covers: ACGL, AFL, ALL +12 more
PT
Peter Troisi
Barclays
1 question for BHF
Wilma Jackson Burdis
Raymond James
1 question for BHF
Also covers: AFL, ALTI, AMP +12 more
Recent press releases and 8-K filings for BHF.
Brighthouse Financial Announces Q4 and Full Year 2025 Results and Merger Agreement Adoption
BHF
Earnings
M&A
Takeover Bid
- Brighthouse Financial reported fourth quarter 2025 net income available to shareholders of $112 million ($1.93 per diluted share) and adjusted earnings, less notable items, of $227 million ($3.93 per diluted share). For the full year 2025, net income available to shareholders was $331 million ($5.71 per diluted share) and adjusted earnings, less notable items, were $931 million ($16.07 per diluted share).
- Full year 2025 saw annuity sales of $10.3 billion, a 3% year-over-year increase, and record life sales of $143 million, up 19% year-over-year.
- As of December 31, 2025, the company maintained a preliminary combined risk-based capital (RBC) ratio of 456% and holding company liquid assets of $0.9 billion.
- Brighthouse Financial stockholders adopted a merger agreement on February 12, 2026, for an affiliate of Aquarian Capital to acquire the company for $70.00 per share, valuing the transaction at approximately $4.1 billion.
4 days ago
Brighthouse Financial Announces Fourth Quarter and Full Year 2025 Results and Merger Agreement Adoption
BHF
Earnings
M&A
- Brighthouse Financial reported net income available to shareholders of $112 million, or $1.93 per diluted share, for the fourth quarter of 2025, and adjusted earnings, less notable items, of $227 million, or $3.93 per diluted share.
- For the full year 2025, the company achieved annuity sales of $10.3 billion, an increase of 3% year-over-year, and record life sales of $143 million, an increase of 19% year-over-year.
- As of December 31, 2025, Brighthouse Financial had a preliminary combined risk-based capital (RBC) ratio of 456% and holding company liquid assets of $0.9 billion.
- Brighthouse Financial stockholders voted on February 12, 2026, to adopt a definitive merger agreement under which Aquarian Capital will acquire the company for $70.00 per share in an all-cash transaction valued at approximately $4.1 billion, with the transaction expected to close in 2026.
4 days ago
Brighthouse Financial Stockholders Approve Merger with Aquarian Capital
BHF
M&A
Proxy Vote Outcomes
Takeover Bid
- Brighthouse Financial, Inc. (BHF) common stockholders have approved the definitive merger agreement under which an affiliate of Aquarian Capital LLC will acquire the company.
- Under the terms of the merger agreement, Brighthouse Financial's common stockholders will receive $70.00 in cash per share, with the transaction valued at approximately $4.1 billion.
- The merger proposal received overwhelming support, with 39,728,503 votes in favor, representing approximately 99.7% of the shares present at the special meeting held on February 12, 2026.
- The transaction is expected to close in 2026 and remains subject to customary closing conditions and regulatory approvals.
Feb 12, 2026, 9:21 PM
Brighthouse Financial Stockholders Approve Merger with Aquarian Capital
BHF
M&A
Proxy Vote Outcomes
Takeover Bid
- Brighthouse Financial stockholders have approved a definitive merger agreement for an affiliate of Aquarian Capital LLC to acquire the company.
- The all-cash transaction is valued at approximately $4.1 billion.
- Common stockholders of Brighthouse Financial will receive $70.00 in cash per share.
- The transaction is expected to close in 2026 and remains subject to customary closing conditions and regulatory approvals.
Feb 12, 2026, 1:23 PM
Brighthouse Financial Stockholders Approve Merger Agreement
BHF
M&A
Proxy Vote Outcomes
Executive Compensation
- On February 12, 2026, Brighthouse Financial, Inc. held a special meeting of stockholders.
- Stockholders voted on three proposals, including the Merger Proposal to adopt the agreement and plan of merger, dated November 6, 2025, with Aquarian Holdings Six LP, Aquarian Beacon Merger Sub Inc., and Aquarian Holdings LLC.
- According to the preliminary report, all proposals, including the Merger Proposal, the Compensation Proposal related to the merger, and the Adjournment Proposal, were approved in accordance with the board of directors' recommendation.
Feb 12, 2026, 1:00 PM
Brighthouse Financial Stockholders Approve Merger Proposals
BHF
M&A
Proxy Vote Outcomes
Executive Compensation
- Brighthouse Financial held a special meeting of stockholders on February 12, 2026, to vote on proposals related to a merger.
- Stockholders approved the Merger Proposal, which involves an agreement and plan of merger dated November 6, 2025, with Aquarian Holdings Six LP, Aquarian Beacon Merger Sub Inc., and Aquarian Holdings LLC.
- The Compensation Proposal and Adjournment Proposal were also approved, with final vote totals to be filed in a Form 8-K within four business days.
Feb 12, 2026, 1:00 PM
Brighthouse Financial Stockholders Approve Merger Agreement
BHF
M&A
Proxy Vote Outcomes
Executive Compensation
- Brighthouse Financial, Inc. held a special meeting of stockholders on February 12, 2026, where three proposals were presented for a vote.
- Stockholders approved Proposal One, the Merger Proposal, to adopt the agreement and plan of merger dated November 6, 2025, with Aquarian Holdings VI L.P., Aquarian Beacon Merger Sub Inc., and Aquarian Holdings LLC.
- Stockholders also approved Proposal Two, the Compensation Proposal, an advisory vote on compensation for named executive officers related to the merger.
- All proposals, including the merger, compensation, and adjournment proposals, passed in accordance with the board of directors' recommendations.
Feb 12, 2026, 1:00 PM
Brighthouse Financial Sale to Aquarian Holdings VI L.P. Investigated by Class Action Firm
BHF
M&A
Legal Proceedings
Takeover Bid
- Monteverde & Associates PC is investigating the sale of Brighthouse Financial, Inc. (NASDAQ:BHF) to Aquarian Holdings VI L.P..
- Under the terms of the proposed transaction, Brighthouse shareholders are slated to receive $70.00 in cash per share of common stock.
- The investigation by the class action firm, announced on November 21, 2025, suggests potential concerns regarding the transaction for shareholders.
Nov 21, 2025, 10:30 PM
Brighthouse Financial to be Acquired by Aquarian Capital
BHF
M&A
Takeover Bid
Debt Issuance
- Aquarian Capital has entered into a definitive agreement to acquire Brighthouse Financial for approximately $4.1 billion, paying $70 per share in cash, which represents a 37% premium over Brighthouse's unaffected share price.
- The acquisition is expected to close in 2026, pending shareholder, regulatory, antitrust, and insurance approvals, and will take Brighthouse private while maintaining its operations as a standalone entity.
- Brighthouse Financial's preferred stock, junior subordinated debentures, and senior notes will remain outstanding with the same terms and dividends after the acquisition closes.
- The transaction is supported by committed financing and will not add incremental debt to either Aquarian's insurance businesses or Brighthouse.
- Brighthouse Financial reported a preliminary Q3 capital snapshot with $5.4 billion total adjusted capital, a combined risk-based capital (RBC) ratio of 435%–455%, and $1.0 billion in holding-company liquid assets.
Nov 7, 2025, 1:15 AM
Brighthouse Financial Announces Q3 2025 Results and Merger Agreement
BHF
M&A
Earnings
- Brighthouse Financial announced a definitive merger agreement for its acquisition by an affiliate of Aquarian Capital LLC for $70.00 per share in an all-cash transaction valued at approximately $4.1 billion.
- For the third quarter ended September 30, 2025, the company reported net income available to shareholders of $453 million, or $7.89 per diluted share, and adjusted earnings, less notable items, of $261 million, or $4.54 per diluted share.
- The estimated combined risk-based capital (RBC) ratio for Q3 2025 was between 435% and 455%.
- Annuity sales reached $2.7 billion, increasing 8% quarter-over-quarter and 5% sequentially, while life sales were $38 million, up 27% quarter-over-quarter and 15% sequentially.
Nov 7, 2025, 12:17 AM
Quarterly earnings call transcripts for Brighthouse Financial.
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