NASDAQ$BHF
Brighthouse Financial Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Brighthouse Financial reported strong results, maintained balance sheet strength, grew sales, managed expenses, and repurchased common stock.
Brighthouse Financial announced its financial results for the second quarter ended June 30, 2021. The company reported a net income available to shareholders of $10 million, or $0.11 per diluted share. Adjusted earnings, less notable items, were $458 million, or $5.32 per diluted share. The company also announced a new repurchase authorization of up to an additional $1 billion of common stock.
- Announced a new repurchase authorization of up to an additional $1 billion of common stock
- The company repurchased $246 million of its common stock year-to-date through August 4, 2021
- Estimated combined risk-based capital ("RBC") ratio between 480% and 500%; holding company liquid assets of $1.6 billion
- Annuity sales increased 25% over the second quarter of 2020 and Life sales increased 117% over the second quarter of 2020
Headline financials
Revenue & EPS history
Brighthouse Financial · Revenue · Quarterly
$1.68B
Revenue by segment
Brighthouse Financial · $2.39B total across 4 segments · Q2 2021
- Net Investment Income$1.21B+85.9%50.6%
- Universal Life & Policy Fees$919M+11.1%38.4%
- Premiums$162M-16.1%6.8%
- Other Revenues$101M+8.6%4.2%
Forward guidance
Brighthouse Financial announced a new repurchase authorization of up to $1 billion of its common stock.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.6%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-2.5%
Avg return
30 days after
43%
16 / 37 earnings
Positive
+15.3%
Q4 2018
Best reaction
-11.5%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | -2.4% | +0.1% | |
| Q4 2025 | -1.3% | -4.1% | -3.3% | |
| Q3 2025 | +0.5% | +0.2% | -0.5% | |
| Q1 2025 | -0.8% | +2.3% | +1.5% | |
| Q4 2024 | +0.0% | +6.2% | -4.9% | |
| Q3 2024 | -4.5% | -0.8% | -3.5% | |
| Q2 2024 | -4.1% | -7.2% | -3.9% | |
| Q1 2024 | -9.8% | -10.0% | -15.5% | |
| Q4 2023 | -11.5% | -9.6% | -9.6% | |
| Q3 2023 | -2.8% | -2.3% | +9.2% | |
| Q2 2023 | -6.2% | -7.5% | -9.6% | |
| Q1 2023 | -2.5% | -7.2% | +6.0% | |
| Q4 2022 | -1.0% | +2.2% | -16.6% | |
| Q3 2022 | -6.8% | -2.7% | -5.5% | |
| Q2 2022 | +2.9% | +6.9% | +6.9% | |
| Q1 2022 | -9.3% | -12.1% | -5.8% | |
| Q4 2021 | -3.6% | -3.1% | -22.3% | |
| Q3 2021 | +1.2% | -2.3% | -8.2% | |
| Q2 2021 | +13.6% | +12.3% | +17.3% | |
| Q1 2021 | -0.9% | +1.0% | -5.4% | |
| Q4 2020 | -3.4% | -4.7% | +6.3% | |
| Q3 2020 | +0.6% | +19.0% | +19.7% | |
| Q2 2020 | +3.5% | +8.4% | +9.3% | |
| Q1 2020 | -6.2% | -7.1% | +20.9% | |
| Q4 2019 | +10.4% | +10.5% | -43.1% | |
| Q3 2019 | +5.1% | +5.0% | -1.8% | |
| Q2 2019 | +3.4% | +0.5% | +1.4% | |
| Q1 2019 | -4.9% | -6.8% | -13.1% | |
| Q4 2018 | +15.3% | +18.9% | +9.4% | |
| Q3 2018 | +7.6% | +1.6% | -5.2% | |
| Q2 2018 | -0.6% | -8.7% | -5.5% | |
| Q1 2018 | +1.1% | -3.3% | -5.9% | |
| Q4 2017 | -6.0% | -0.3% | -7.5% | |
| Q3 2017 | +0.5% | -1.6% | +6.9% | |
| Q2 2017 | +0.2% | +0.2% | -3.0% | |
| Q1 2017 | +0.2% | +0.2% | -3.0% | |
| Q4 2016 | +0.2% | +2.3% | -3.8% | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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