Brighthouse Financial reported Q4 2025 net income available to shareholders of USD 112 million and adjusted earnings of USD 214 million. Book value was USD 5.1 billion (USD 88.66 per share) and book value excluding AOCI was USD 8.8 billion (USD 153.89 per share) as of December 31, 2025. Q4 2025 total revenues were USD 1.69 billion and net investment income was USD 1.33 billion, with adjusted net investment income of USD 1.33 billion and an adjusted net investment income yield of 4.44%. By segment in Q4 2025, adjusted earnings were USD 304 million for Annuities and USD 18 million for Life, while Run-off posted an adjusted loss of USD 58 million and Corporate & Other an adjusted loss of USD 50 million. Q4 2025 annuity sales were USD 2.73 billion and life sales were USD 36 million. For FY 2025, net income available to shareholders was USD 331 million and adjusted earnings less notable items were USD 931 million. FY 2025 annuity sales were USD 10.3 billion (+3% YoY) and life sales were a record USD 143 million (+19% YoY). Corporate expenses were USD 880 million in FY 2025, including USD 32 million of costs tied to the pending acquisition. Brighthouse Financial said its combined RBC ratio was 456% as of December 31, 2025, with statutory combined total adjusted capital of USD 5.3 billion and holding company liquid assets of USD 0.9 billion. The company also highlighted its pending all-cash merger with Aquarian Capital at USD 70.00 per share (about USD 4.1 billion), which was approved by stockholders on February 12, 2026 and is expected to close in 2026 subject to customary conditions including insurance regulatory approvals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brighthouse Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260223038901) on February 23, 2026, and is solely responsible for the information contained therein.
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