MetLife, Inc. (MET)
The company now
MetLife reported net income of $2.4 billion, or $3.67 per share, for the third quarter of 2026, up 187 percent from a year earlier 1.
Adjusted earnings, a measure the company says shows the underlying profitability of its businesses, rose 12 percent to $1.8 billion 1.
Adjusted earnings per share, leaving out notable items, were $2.85, which the company called the highest-ever quarter for MetLife 1.
Premiums, fees and other revenues, the money customers pay for coverage and services, grew 12 percent to $14.1 billion, with revenue up in every business segment 1.
Variable investment income, which swings with returns on assets such as private equity, rose 49 percent to $720 million, and the company said private equity returns put it above its guidance 12.
The yearly review of insurance assumptions reduced net income by $56 million and adjusted earnings by $46 million in the quarter 1.
The company said its direct expense ratio, a measure of operating cost against revenue, was 11.9 percent, on track to beat the 12.1 percent target for the year 2.
The company holds its third-quarter earnings call on 5 November 2026, the first chance for questions on these results 1.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.