Brighthouse Financial Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
BHF$43.99+3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In millions, except per share data)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenues | |||
| Premiums | $770 | $828 | $662 |
| Universal life and investment-type product policy fees | 2,116 | 2,295 | 2,435 |
| Net investment income | 5,222 | 4,664 | 4,138 |
| Other revenues | 579 | 483 | 478 |
| Net investment gains (losses) | (295) | (246) | (248) |
| Net derivative gains (losses) | (3,668) | (3,907) | (592) |
| Total revenues | 4,724 | 4,117 | 6,873 |
| Expenses | |||
| Policyholder benefits and claims (including liability remeasurement gains (losses) of ($978), ($234), $137, respectively) | 2,294 | 2,676 | 2,193 |
| Interest credited to policyholder account balances | 2,136 | 1,825 | 1,338 |
| Amortization of deferred policy acquisition costs and value of business acquired | 599 | 620 | 629 |
| Change in market risk benefits | (2,673) | (1,507) | (4,104) |
| Other expenses | 1,946 | 1,977 | 2,085 |
| Total expenses | 4,302 | 5,591 | 2,141 |
| Income (loss) before provision for income tax | 422 | (1,474) | 4,732 |
| Provision for income tax expense (benefit) | 29 | (367) | 848 |
| Net income (loss) | 393 | (1,107) | 3,884 |
| Less: Net income (loss) attributable to noncontrolling interests | 5 | 5 | 5 |
| Net income (loss) attributable to Brighthouse Financial, Inc. | 388 | (1,112) | 3,879 |
| Less: Preferred stock dividends | 102 | 102 | 104 |
| Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders | $286 | $(1,214) | $3,775 |
| Earnings per common share | |||
|---|---|---|---|
| Basic | $4.67 | $(18.39) | $51.73 |
| Diluted | $4.64 | $(18.39) | $51.30 |
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